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Comforce net income up 8.5%

May 6, 2008

Comforce Corp. (AMEX: CFS) reported an 8.5% increase in first-quarter net income to $992,000 from $914,000 in the same period last year. First-quarter revenue rose 6.1% at the Woodbury NY-based staffing firm to $150.2 million from $141.6 million in the first quarter of 2007. Gross margin improved...


Hudson Highland profit rises

May 6, 2008

First-quarter net income at the Hudson Highland Group Inc. (NASD: HHGP) rose to $1.4 million from $55,000 in the first quarter of 2007. "While strong performances continued in Asia Pacific and Europe, our North America business performed admirably, including a particularly strong period for Hudso...


Adecco net income increases 3%

May 6, 2008

First-quarter net income rose 3% at Adecco SA, the world's largest staffing firm. Worldwide revenue was up 1%, although first-quarter revenue at the company's U.S. and Canadian segment fell. Switzerland-based Adecco reported first-quarter net income of euro137.0 million (US$216.5 million), up fro...


Manufacturing to grow only 1%

May 6, 2008

U.S. manufacturing revenue is expected to grow by 1% year-over-year in 2008, according to the Institute for Supply Management's semiannual economic forecast released today. That's down from the 6.8% growth predicted in December. In the service sector, revenue growth is expected at 2.7% in 2008. T...


Yoh, SAP Consulting join on VMS

May 5, 2008

Yoh teamed up with SAP Consulting on the next generation of its Yoh Exchange vendor management system due out in the third quarter. Plans call for both Yoh and SAP to market the VMS. The system will allow companies with SAP software to integrate the functions of the VMS into their current systems...


Service sector returns to growth

May 5, 2008

The service sector began to expand again in April after three months of contraction, according to the Institute for Supply Management's nonmanufacturing index released today. The index rose to 52.0 in April from 49.6 in March. Index readings above 50 indicate growth. Employment in the service sec...


Research from Staffing Industry Analysts

May 5, 2008

Here is a list of research reports released last week by Staffing Industry Analysts. INSIGHT - Survey of staffing firms: Who wants to buy, who wants to sell This insight represents the first report to be published based on our comprehensive January 2008 survey of staffing firms. It focuses on buy...


Expansions and partnerships

May 5, 2008

Spherion Corp. (NYSE: SFN) opened its second recruitment process outsourcing center in Dallas. The center will have a team of 200 recruiters. "Our Dallas operations will help us deliver high-quality candidates with a more diversified recruiting pool to an expanding client base in other regions of...


Staffing clients paying more quickly

May 2, 2008

Customers took less time to pay staffing firms in March, according to the Capital TempFunds credit index. The index rose to 107 in April from 94 in March, a level it hadn't achieved since August. The index had been at 98 in February. The higher the number, the faster clients are paying staffing f...


Spherion worker confidence index slips

May 2, 2008

Worker confidence fell in April, according to Spherion Corp.'s (NYSE: SFN) employee confidence index. The gauge declined 0.3 of a point to 46.2 in April, a new low for the index. Seventy-three percent of workers in April said the economy is getting weaker, and the number of workers confident in t...