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ManpowerGroup’s Q4 revenue falls, but net earnings rise 16%

January 30, 2015

Fourth-quarter revenue at ManpowerGroup Inc. (NYSE: MAN) fell 2.5% to $5.12 billion. The world’s third-largest staffing firm reported revenue fell in its largest single geography, France, by 9.3%, or 1.2% in constant currency. However, revenue rose 5.2% in both the US and Italy.Net earnings rose...


Robert Half revenue up 13%, US leads growth

January 30, 2015

Professional staffing firm Robert Half International Inc. (NYSE: RHI) reported revenue rose 12.7% in the fourth quarter to $1.22 billion with much of the growth taking place in the US. Gross margin edged up, and net income rose 25.7%.The Menlo Park, Calif.-based staffing provider’s US operations...


US gross domestic product slows to 2.6% in Q4

January 30, 2015

US real gross domestic product rose at an annual rate of 2.6% in the fourth quarter, according to an advance estimate released by the US Bureau of Economic Analysis. In the third quarter, real GDP rose by 5.0%.The GDP estimate is slightly below consensus, but closer to the economy’s long-term tre...


State fines staffing firm $77,600 for safety violations

January 30, 2015

Washington state fined staffing firm Leadpoint Business Services $77,600 this week and cited it for 22 serious safety violations at a material recovery center in Vancouver, Wash. Staffing client employer Waste Connections Inc. was cited for 23 serious violations and fined $100,000.Many of the vio...


Canadian GDP down 0.2% in November

January 30, 2015

Canada’s gross domestic product declined 0.2 percent in November, Statistics Canada reported today. The decline was largely the result of declines in manufacturing, mining, and oil and gas extraction.Goods production fell 0.8% in November, with notable decreases recorded in manufacturing and mini...


People: Versique, Trinity, Sparks, Russell Reynolds, Lucas

January 30, 2015

Minneapolis-based Versique Search & Consulting hired Brandon Murphy as practice director of IT search. He previously was CEO and founder of Buffalo Solutions Group, an RPO firm. Murphy will manage a team of recruiters at Versique and work closely with its IT consulting division. Trinity...


CTPartners Executive Search revises revision on net loss

January 29, 2015

CTPartners Executive Search Inc. (NYSE MKT: CTP) issued another revision on Wednesday to its preliminary earnings, lowering its estimated net loss to a range of 19 cents to 23 cents per share from an estimate last week of a net loss of 4 cents to 8 cents per share. The New York-based search firm...


Kelly Q4 revenue up, records $6 million restructuring charge

January 29, 2015

Kelly Services Inc. (NASD: KELYA), the seventh-largest global staffing firm, reported revenue rose 2.8% in the fourth quarter to $1.43 billion. The increase was 5.7% in constant currency.Fourth-quarter gross margin narrowed and net earnings fell 0.2%. The Troy, Mich.-based staffing provider...


CoWorx Staffing promotes executive to COO

January 29, 2015

CoWorx Staffing Services LLC, a New Jersey-based staffing provider, promoted Ken Sudnikovich to chief operating officer, a newly created position within the firm.Sudnikovich joined CoWorx as a recruiter in 1985 and most recently was executive VP.“For the least three years, CoWorx has grown at twi...


Canada’s 2014 estimated job gains revised lower

January 29, 2015

Statistics Canada revised down the number of jobs, seasonally adjusted, gained during 2014 in Canada to 121,300 from the initial report of 185,700. Statistics Canada released the revised numbers Wednesday; they are based on updated estimates of the most recent census of population.The number of f...