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Yellen speaking in Chicago after Fed officials hint rate hike is near (Chicago Tribune)

March 3, 2017

Several Federal Reserve officials have signaled in recent days that the Fed is ready to resume raising interest rates as soon as this month, the Chicago Tribune reports. The question is whether the official who matters most — Chair Janet Yellen — will add her own voice to that impression. Yellen...


Adecco Q4 revenue up, changes North America and UK management

March 2, 2017

The Adecco Group reported fourth-quarter revenue rose 5% on an organic basis in the fourth quarter of 2016. The world’s largest staffing provider also announced management changes with Bob Crouch, regional head of North America, leaving the company.

Adecco Chief Sales and Innovation Officer Federico...


Cross Country Q4 revenue up 15% on nurse and allied staffing

March 2, 2017

Fourth-quarter revenue at Cross Country Healthcare Inc. (NASD: CCRN) rose 15.2% to $222.5 million. Nurse and allied staffing provided the growth, with revenue up 19.7% in that segment. Growth in the segment came predominantly from organic growth and improved pricing and, to a lesser extent, the impact...


CHG Healthcare promotes execs

March 2, 2017

CHG Healthcare Services, the second-largest US healthcare staffing firm, named Melissa Byington to the new role of group president of CompHealth and Weatherby Healthcare. Lisa Grabl stepped up to replace her as president of the CompHealth locum tenens division.

The appointments took effect March 1.

Byington...


RCM Technologies revenue falls 7%

March 2, 2017

RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue fell 6.8% in the fourth quarter. Gross margin also narrowed.

RCM sold its QAD Software Solutions business unit, part of the company’s IT segment, on Dec. 31, 2015. The unit generated...


Beige Book: Staffing firms report strong demand, tight supply

March 2, 2017

Labor markets remained tight in early 2017 with some districts noting widening labor shortages, according to the Federal Reserve’s Beige Book report released Wednesday. Employment grew moderately in most of the nation, although three districts characterized growth as modest and two reported that it...


Hudson Q4 revenue falls 5%

March 2, 2017

Hudson Global Inc. (NASD: HSON) reported revenue fell 5.5% in the fourth quarter but edged up slightly, 0.4% in constant currency. Net loss narrowed at the provider of staffing, recruitment process outsourcing and talent management solutions.

(US$ thousands) Q4 2016 Q4 2015 % change ...


Judge sentences staffing firm owner for visa fraud

March 2, 2017

A federal judge in Boston sentenced the owner of Zippi Help LLC, a Myrtle Beach, SC-based temporary staffing company, to three years of probation, the first year to be served in home confinement, forfeiture of $37,000 and a fine of $4,000, the US Department of Justice announced. The sentencing was in...


US jobless claims fall to 44-year low (Bloomberg)

March 2, 2017

The fewest Americans in almost 44 years filed applications to collect unemployment benefits last week, indicating the job market continues to power forward, Bloomberg reports. Jobless claims fell by 19,000 to 223,000 in the week ended Feb. 25, the fewest since March 1973, the Labor Department reported...


TriNet revenue up 12%

March 1, 2017

Fourth-quarter revenue rose 11.8% at TriNet Group Inc. (NYSE: TNET). The professional employer organization also reported the number of worksite employees rose 4.2% year over year in 2016 to approximately 338,000. However, TriNet said in a conference call with investors that the company expects to see...