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Shareholder wants General Employment sale

June 17, 2008

General Employment Enterprises Inc.'s (AMEX: JOB) third-largest shareholder, Timothy Stabosz, said the company should consider going up for sale and that the top executive's pay is too high, according to a filing with the U.S. Securities and Exchange Commission. "Respondent believes that, based u...

Dueling data - staffing growth quickens?

June 16, 2008

The U.S. Census Bureau's report that staffing industry revenue rose 7.9% year-over-year in the first quarter is markedly different than expected, Jon Osborne, director of research and analysis at Staffing Industry Analysts, writes in his blog. Click here for more.

Medical Connections completes private placement

June 16, 2008

Medical Connections Holdings Inc. (OTCBB: MCTH.OB) said it completed a private placement of 4 million shares for $5 million. The company said it plans to use its proceeds to fuel future growth, establish a reserve for acquisitions and work toward moving the company onto another stock exchange. M...

Staffing revenue edges up at Arcadia

June 16, 2008

Staffing revenue rose 1.0% at Arcadia Resources Inc. (AMEX: KAD) in its fiscal year ending March 31. The Indianapolis-based staffing, pharmacy and medical equipment firm reported staffing revenue of $122.7 million for the year, up from $121.5 million in the previous year. Including nonstaffing re...

Research from Staffing Industry Analysts

June 16, 2008

Here is a list of research reports released last week by Staffing Industry Analysts. BRIEFING - Per diem staffing growth update Two large players in the per diem nursing segment saw lackluster organic performance in 2007, and such weakness continued into the first quarter of 2008. For more, click...

Pacer buys healthcare staffing firm

June 16, 2008

Pacer Health Corp. (OTCBB: PHLH.OB) acquired healthcare staffing firm Professional Emergency Services LLC of Columbia MO. Pacer, which announced the deal last week, is a Miami Lakes FL-based operator of hospitals, medical centers and psychiatric facilities in the Southeast. Professional Emergency...

National Technical staffing revenue is flat

June 13, 2008

Staffing revenue was flat year-over-year at National Technical Systems Inc. (NASD: NTSC) for the company's fiscal first quarter ended April 30. The firm reported that revenue of $8.4 million in its technical solutions division, which provides staffing, was unchanged from the same period in the pr...

Latest Staffing Industry Report released

June 13, 2008

The June issue of the Staffing Industry Report newsletter is now available in PDF format at www.staffingindustry.com. To download a copy, click here. Top stories from this month's issue: -The list of the largest global staffing firms -First-quarter revenue rises median 7.6% at public firms -Staff...

Real average weekly earnings fall by 0.4%

June 13, 2008

Real average weekly earnings fell by 0.4% month-over-month in May, according to preliminary, seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. A 0.3% increase in average hourly earnings partially offset a 0.7% increase in the consumer price index for urban wage earne...

ClearPoint gets second Nasdaq notice

June 13, 2008

ClearPoint Business Resources Inc. (NASD: CPBR) said Thursday that it received a second notice from Nasdaq saying its stock was out of compliance with listing requirements because it closed below the minimum bid of $1 a share for 30 consecutive days. However, the company said it could have up to...