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Sweden - Labour costs increase

29 April 2011

The Labour Cost Index (AKI) for the private sector in February 2011 was 105.9 for wage-earners and 105.8 for salaried employees. Compared with February 2010, labour costs have increased by +2.6% for wage-earners and +0.7% for salaried employees, according to Statistics Sweden (SCB).

Total labour costs...

U.S. GDP Slows in First Quarter

28 April 2011

U.S. real gross domestic product grew at an annual rate of 1.8 percent in the first quarter, according to an advance estimate released today by the U.S. Department of Commerce. The first quarter's growth is slower than that of the fourth quarter, when real GDP grew by 3.1 percent.

It had grown by 2.6...

Randstad North American Revenue Rises

28 April 2011

Randstad Holding NV, the world’s second-largest staffing firm, reported first-quarter North American revenue rose 19 percent from the year-ago quarter on an organic basis, which excludes the impact of currencies, acquisitions and disposals.

The Netherlands-based company reported first-quarter North...

CDI Revenue Up 22%

28 April 2011

CDI Corp. (NYSE: CDI) reported first-quarter revenue rose 22.2 percent to $256.6 million from $209.9 million in the first quarter of last year. Included in revenue is $13.2 million from the operations of L.R. Kimball, a firm that provides mostly engineering services that was acquired by CDI in June 2010....

TrueBlue Revenue Rises 14%

28 April 2011

Revenue rose 14.4 percent year over year at TrueBlue Inc. (NYSE: TBI) to $274.3 million for the fiscal first quarter ended April 1. “We experienced broad-based demand for our services with double-digit growth across most industries we serve,” TrueBlue CEO Steve Cooper said.

Boeing accounted for about...

Harvey Nash: U.S. Revenue Up 17%

28 April 2011

Harvey Nash Group PLC reported today its U.S. revenue rose 17.4 percent to GBP34.4 million (US$54.5 million) in its fiscal year ended Jan. 31, 2011. The U.K.-based firm provides information technology staffing and services through its U.S. operations headquartered in Wayne, N.J.

“Although demand for...

Jobless Claims Average Increases 2.3%

28 April 2011

The four-week moving average of U.S. initial claims for unemployment insurance rose 2.3 percent in the week ended April 23, while total initial jobless claims rose by 6.2 percent.

In its weekly report released today, the U.S. Department of Labor announced the four-week moving average of jobless claims...

Canada: Average Weekly Earnings Rise

28 April 2011

Average weekly earnings of nonfarm payroll employees in Canada rose 4.0 percent to C$874.83 on a seasonally adjusted, year-over-year basis in February 2011, Statistics Canada reported today.

Average weekly earnings rose in every province year over year in February. Growth was above the national average...

Largest, Fastest-Growing Firm Survey Opens

28 April 2011

The annual survey to determine the lists of fastest-growing, largest and diversity staffing firms is now open. The lists are also known as “the buyers’ shopping lists” because they are distributed to client companies that use staffing services.

Staffing Industry Analysts compiles and publishes lists...

Netherlands – Randstad sees strong growth in Europe tempered by margin pressure in Netherlands and UK

28 April 2011

Revenues were up by +22% from 3.04 billion Euro in Q1 2010 to 3.7 billion Euro in Q1 2011 at Randstad Holding (RAND:AEX), the world's second largest staffing firm. Interim results for the first quarter ended 31 March 2011, reveal that organic revenue growth was +17%, or +15 % per working day. The net...