Growth, Market Sizes and Forecast

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Outplacement growth update

September 24, 2009

Big players see 2Q revenue up sharply y/y
But prospects for sector are weakening
SIA projects 2010 down 10%

Retained search growth update

September 11, 2009

Ouch: revenue down 43% y/y
But some sequential signs of life
Firms caution: no signs of internal hiring

Economic indicators update

September 9, 2009

ECRI index reaches 38-year high: says economic growth to "snap-back"
Conference Board leading index incrementally positive
ISM: Nonmanufacturing employment regains lost footing from July
First-time claims for unemployment stall in 550k-600k range

IT solutions growth update

September 8, 2009

Median firms down 2.9%, larger firms outperform
Firms report stabilization, but pricing pressure still prevails
Spending cut for H-1B visas

Staffing Industry Stock Index analysis

September 1, 2009

SISI up 7.1% for the month, 14 gainers, 6 decliners
Manpower and KForce reach 52wk highs
Earnings beats driven by cost-cutting

INSIGHT -- Second-quarter financial results

August 26, 2009

Revenue falls y/y at 31 of 31 public staffing firms tracked
Median y/y decline: 29.1%
14 firms reported net losses
Several companies closing branches

PEO staffing growth update

August 25, 2009

PEOs seeing comparatively modest decline
Big PEOs project continued contraction in 3Q
Resetting pricing to reflect influx of COBRA participants
 

Healthcare staffing growth update

August 21, 2009

Q3 will be even worse than Q2, but should be the bottom
Signs of burn-out among non-contingents, but few exit options with unemployment over 9%
Downgrade in upcoming update to healthcare staffing industry forecast

Direct hire staffing growth update

August 19, 2009

Freefall continues: down 57% y/y in 1H09
Staffing firms not optimistic for Q3
Key driver to watch: college-level unemplyment

Economic indicators update

August 14, 2009

ECRI index now solidly propitious
PMI poised for positive territory; unemployment claims down
However, service sector index still tepid