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Kforce revenue down 11%

August 5, 2009

Kforce Inc. (NASD: KFRC), a Tampa FL-based professional staffing firm, reported second-quarter revenue fell 11.4% year over year to $226.0 million. In technology, the company's largest division, revenue fell 13.9% year over year to $113.5 million in the second quarter. Kforce's health and life...


ADP: U.S. loses 371,000 jobs in July

August 5, 2009

The U.S. lost 371,000 private-sector nonfarm jobs between June and July on a seasonally adjusted basis, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). The monthly decline is the smallest since October and represents continued improvemen...


Service sector contracts more quickly

August 5, 2009

Economic activity in the U.S. service sector contracted more quickly in July than in June, the Institute for Supply Management reported today. Its nonmanufacturing index fell to a reading of 46.4 in July from 47.0 in June. Only readings of more than 50 indicate expansion.


Analysts International sells reseller business

August 5, 2009

Analysts International Corp. (NASD: ANLY) sold its value-added reseller business, which sold primarily hardware and related services, effective immediately, to Netarx LLC, a Farmington Hills MI-based firm. Analysts International, a Minneapolis-based information technology services and staffing fi...


Comforce revenue declines 7%

August 5, 2009

Second-quarter revenue declined 7.2% year over year at Comforce Corp. (AMEX: CFS) to $141.7 million as labor markets tightened during the global economic slowdown, the company reported. However, Comforce announced second-quarter revenue was up $81,000 year over year in its Human Capital Manageme...


Kelly Services revenue falls 29%

August 5, 2009

Second-quarter revenue fell 29.1% year over year at Kelly Services Inc. (NASD: KELYA) to $1.03 billion. On a constant currency basis, revenue fell 24%. The Troy MI-based staffing firm reported U.S. second-quarter revenue fell 24.5% year over year to $633.3 million. Canadian revenue fell 33.1% (do...


Research from Staffing Industry Analysts

August 5, 2009

Here is the latest research from Staffing Industry Analysts: BRIEFING - Healthcare reform's effect on staffing * Vote on any final bill won't come until after August recess * Proration of fees is one concern for staffing * Minimum period of engagement also suggested


Kforce revenue down 11%

August 5, 2009

Kforce Inc. (NASD: KFRC), a Tampa FL-based professional staffing firm, reported second-quarter revenue fell 11.4% year over year to $226.0 million. In technology, the company's largest division, revenue fell 13.9% year over year to $113.5 million in the second quarter. Kforce's health and life sc...


Comforce revenue declines 7%

August 5, 2009

Second-quarter revenue declined 7.2% year over year at Comforce Corp. (AMEX: CFS) to $141.7 million as labor markets tightened during the global economic slowdown, the company reported. However, Comforce announced second-quarter revenue was up $81,000 year over year in its Human Capital Managemen...


Kelly Services revenue falls 29%

August 5, 2009

Second-quarter revenue fell 29.1% year over year at Kelly Services Inc. (NASD: KELYA) to $1.03 billion. On a constant currency basis, revenue fell 24%. The Troy MI-based staffing firm reported U.S. second-quarter revenue fell 24.5% year over year to $633.3 million. Canadian revenue fell 33.1% (d...