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February 06, 2009
Here is the latest research from Staffing Industry Analysts.
INSIGHT - Hottest (and coldest) metro markets update
*San Antonio TX and Houston-Sugar Land-Baytown TX metro area tie for first place
*Median decay in staffing employment accelerates to -7.1% y/y
*Median 12-month trend reveals deterioration has steepened
BRIEFING - Analysis of MPS Group 4Q08 earnings release
*4Q08 revenue of $488 million; 6.6% y/y contraction on organic, c/c basis
*First four weeks of January: "Perm" revenue down 60% y/y in North America Professional
*1Q09 guidance implies 21%-28% y/y revenue contraction (not adjusted for acquisitions, currency)