Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Economic gauge falls

February 15, 2008

The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Feb. 8 contracted 9.1%. ECRI's weekly leading index (WLI) level contracted to 133.4 from 133.5 in the prior period. The index measures weekly changes while the growth rate is d...


TeamStaff swings to a profit

February 15, 2008

TeamStaff Inc.(NASD: TSTF) posted net income of $35,000 in its fiscal first quarter ended Dec. 31, 2007, compared with a loss of $513,000 in the same period last year. The Somerset NJ-based healthcare and administrative staffing firm, however, reported a 7.0% fall in fourth-quarter revenue to $15...


New Comsys group will handle VMS, RPO

February 15, 2008

Comsys IT Partners Inc. (NASD: CITP) announced it's forming a process solutions group that will provide vendor management systems services, recruitment process outsourcing and services procurement management. "One of our strategic focuses has been the development of a business process outsourcing...


No Daily News on Monday

February 15, 2008

The Staffing Industry Daily News will not be published on Monday, Feb. 18, because of the Presidents' Day holiday. Look for your next issue on Tuesday, Feb. 19.


Financials Brainhunter Inc.

February 15, 2008

Brainhunter Inc. (TSX: BH) For the first quarter ended Dec. 31, 2007, compared with the same period in the previous year. Revenue: C$59.1 million (US$60.3 million), +8.0% Net loss: C$993,180 (US$1.0 million) vs. net loss of C$261,318


Latest Staffing Industry Report released

February 15, 2008

The February issue of our Staffing Industry Report newsletter is now available in PDF form at www.staffingindustry.com. To download a copy, click here. Some highlights from this month's issue: - Top staffing niches detailed in Temporary Jobs Guidebook- M&A grows: A look at staffing industry activ...


Futurestep North American president departs

February 14, 2008

George Puig, president of the North American region of Futurestep, has left the company to pursue other opportunities. Kelly Cartwright, a spokeswoman for Futurestep, said Chief Operating Officer Andy Watt has taken over oversight of Futurestep's U.S. operations. Puig had taken over as president...


Randstad revenue rises 9%

February 14, 2008

Fourth-quarter worldwide revenue rose 9% at Randstad Holding NV to euro2.43 billion (US$3.58 billion), the company announced today. Randstad posted revenue of euro2.23 billion in the fourth quarter of 2006. Gross margin rose to 22.4% in the most recent quarter from 21.7% in the same period last y...


Unemployment claims fall by 9,000

February 14, 2008

In the week ended Feb. 9, the advance figure for seasonally adjusted initial claims was 348,000, a decrease of 9,000, or 2.5%, from the previous week's revised figure of 357,000. The four-week moving average was 347,250, an increase of 12,000 from the previous week's revised average of 335,250.


Comsys profit increases 68.5%

February 14, 2008

Fourth-quarter net income rose 68.5% at Comsys IT Partners Inc. (NASD: CITP), a Houston-based information technology staffing firm. The company posted net income of $8.7 million compared with $5.1 million in the fourth quarter of 2006. "Except for the impact of the Chimes bankruptcy, we were plea...