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Mastech Revenue Rises 27%

27 April 2011

Mastech Holdings Inc. (AMEX: MHH) reported first-quarter revenue rose 26.6 percent on year-over-year basis to $19.9 million. First-quarter gross margin at the Pittsburgh-based information technology and healthcare staffing firm narrowed to 19.3 percent from 19.6 percent in the year-ago quarter.


Report: Private Equity Firm Buys ZeroChaos

27 April 2011

ZeroChaos, an Orlando-based firm, is now owned by a New York private-equity firm, the Orlando Sentinel newspaper reported. Snow Phipps Group bought the company from AP Capital Partners in December for more than $200 million, the newspaper reported. AP Capital Partners had acquired a majority stake in...

California Area Posts Highest Jobless Rate

27 April 2011

The Riverside-San Bernardino-Ontario area in Southern California continued in March to post the highest unemployment rate, 13.9 percent, among all large U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today.

The Las Vegas area continued to post...

ASA Staffing Index Up 7% Over Year

27 April 2011

Staffing industry employment rose 7 percent year over year in April and was up 1 percent from the previous month, according to the American Staffing Association’s monthly staffing employment survey, released yesterday.

The index stands at 92 for April, up one point from March, the ASA reported. Staffing...

Canadian Staffing Index Jumps 17 Points

27 April 2011

The Canadian staffing index — a measure of temporary staffing in Canada — jumped to a reading of 94 in March, according to the latest data released yesterday by the Association of Canadian Search, Employment and Staffing Services. The reading is a 17-point increase from February, the largest sequential...

ManpowerGroup Details Experis Division

27 April 2011

ManpowerGroup (NYSE: MAN), which last month changed its name from Manpower, provided details yesterday regarding the creation of its new brand, Experis.

Experis, which represents “experience” and “expertise”, is a combination of the company’s three professional talent and solutions organizations...

France - Synergie grows by +32.4%, seeks German acquisition

27 April 2011

Revenues were up by +32.4% from 244.5 million Euro in Q1 2010 to 323.7 million Euro in Q1 2011 at Synergie SA (SDG:PAR), the staffing and training services group.

In France revenues were up by +30.1% in Q1 2011 compared with Q1 2010 whilst revenues generated outside France grew by +36% during the same...

International - Hudson Highland sees growth in all regions

27 April 2011

Revenues were up by +21.3% from $180.1 million in Q1 2010 to $218.5 million in Q1 2011 at Hudson Highland Group, Inc. (HHGP:NMQ), the US-based international provider of permanent staffing, contract staffing and talent management services.

Interim results for the first quarter of 2011 ended 31 March reveal...

International - Heidrick & Struggles' losses increase

27 April 2011

Total revenues, including reimbursements, were up by +2.1% from $118.4 million in Q1 2010 to $120.9 million in Q1 2011 at Heidrick & Struggles International, Inc. (HSII:NSQ), the US-quoted provider of executive search and leadership consulting services.

Operating losses deteriorated from -$3.8 million...

UK - RTC reduces losses

27 April 2011

Revenues were up from 16.5 million Pounds in 2009 to 20 million Pounds in 2010 at RTC Group Plc (RTC:LSE), the recruitment, training and conference services provider.

Preliminary results for the year ended 31 December 2010 reveal that gross profit was up from 2.2 million Pounds in 2009 to 3 million Pounds...