Tony Gregoire

Director of Research, North America

Tony Gregoire

Tony Gregoire is Director of Research, North America, at Staffing Industry Analysts. Tony is currently responsible for North American research for both Corporate Members and CWS Council Members. Tony is also responsible for several global reports, including the VMS and MSP Competitive Landscape and the Payrolling/IC Compliance Landscape Report.

Tony holds an M.B.A. from Columbia Business School and passed the CFA Level III exam.

Recent Articles

Staffing Industry Stock Index analysis

March 5, 2009

SISI down 7.1% in February but outperforms S&P 500
15 decliners; 5 gainers
Index is down 65% from May 31, 2007

Survey of staffing firms: Top temp/contractor recruiting methods

July 22, 2008

Referrals considered most important recruiting method
Candidate database, list of former temps, job boards also tops
Larger firms more likely to use job boards, job postings

Staffing Industry Stock Index analysis

January 5, 2009

SISI rises 4.2% in December; 9 losers; 12 gainers
SISI down 34.9% in 2008; no gainers
Best in 2008: Resources Connection, Worst in 2008: Medical Staffing Network

Analysis of MPS Group 4Q08 earnings release

February 5, 2009

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)

Staffing Industry Stock Index analysis

April 1, 2009

SISI up 10.8% in March, outperforms S&P 500
15 gainers, 5 decliners
Weak demand in nurse staffing drives bearish guidance in healthcare

All lists of largest providers by segment updated

August 5, 2009

Reports updated for industrial, office/clerical, IT, engineering, F&A, healthcare, clinical/scientific, legal
Several companies added
Estimates adjusted for new information

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

Staffing Industry Stock Index analysis

December 1, 2008

SISI falls 3.9% in November; 18 losers; 3 gainers
Median decrease of 14.2%
Month was kinder to larger companies

Economic growth and temporary employment - How strong is the relationship?

October 24, 2008

Strong correlation of 0.84 between GDP and temporary employment growth
On average, temporary employment grows when GDP growth is above 1.7%, contracts when below 1.7%
Regression plotting temp. on y-axis and GDP on x-axis yields steep slope of 4.9

Staffing Industry Stock Index analysis

November 4, 2008

SISI falls 26.6% in October; No gainers; All firms down more than 14%
AMN, CDI, Gevity, MSN, TrueBlue all down more than 40%
Global economic downturn reduces demand in commercial and professional