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Hudson revenue down 12%

February 11, 2010

The Hudson Highland Group Inc. (NASD: HHGP) reported fourth-quarter revenue fell 12.1% on a year-over-year basis to $182.5 million. Fourth-quarter gross margin at the New York-based professional staffing firm fell to 38.0% from 40.8% in the year-ago quarter. Hudson reported a net loss of $10.4 m...


Volt reaches agreement with lenders

February 11, 2010

Volt Information Sciences Inc. (NYSE: VOL) said this week it reached agreements with its lenders to extend the time for delivery of its audited financial statements for fiscal year 2009 to May 2010. Volt is conducting a review and may restate prior years' financial statements. As a result, it ha...


U.S. jobless claims fall by 43,000

February 11, 2010

The number of U.S. initial claims for unemployment insurance for the week ended Feb. 6 fell by 43,000, or 8.9%, to 440,000 from the previous week's revised number of 483,000, the U.S. Department of Labor reported today. MarketWatch reported that economists forecast claims would only fall to 460,...


Kforce fourth-quarter revenue falls 7%

February 10, 2010

Fourth-quarter revenue fell 6.8% at Kforce Inc. (NASD: KFRC) to $224.6 million. The Tampa FL-based professional staffing firm had posted revenue of $241.0 million in the fourth quarter of last year. Fourth-quarter revenue in technology temporary staffing, the firm's largest segment, fell 5.5% to...


TeamStaff names new CEO

February 10, 2010

TeamStaff Inc. (NASD: TSTF) named Zachary Parker as its new president and CEO effective Feb. 22. Parker most recently served as executive VP for business development at VT Group, part of VT Group PLC, providing aerospace and defense services. He had also served as president of VT Group's largest...


Contract watch: PeopleScout

February 10, 2010

PeopleScout announced it signed an agreement to provide recruitment process outsourcing at US Airways. The deal includes employment branding, sourcing, screening, scheduling, offer administration and pre-employment verifications. US Airways operates more than 3,000 flights per day. PeopleScout i...


Barrett revenue down 3%

February 10, 2010

Barrett Business Services Inc. (NASD: BBSI), a Vancouver WA-based staffing firm and professional employer organization, said fourth-quarter revenue fell 3.1% on a year-over-year basis to $62.6 million. Fourth-quarter revenue in the company's PEO division rose 2.4% to $31.7 million. However, reve...


Allied Healthcare revenue rises 13%

February 9, 2010

Allied Healthcare International Inc. (NASD: AHCI), a New York-based homecare and healthcare staffing firm that does all of its business in the United Kingdom, reported revenue rose 12.8% on a year-over-year basis to $69.4 million. The gain took place in the company's homecare business, according...


Technical difficulties

February 9, 2010

There have been some technical difficulties with the Staffing Industry Daily News' delivery of the news. We apologize for the difficulties which are in the process of being fixed.


Research from Staffing Industry Analysts

February 9, 2010

The Daily News represents a small portion of the information and research Staffing Industry Analysts provides. The latest research for corporate members includes an interview with Adecco North America CEO Tig Gilliam, estimates of domestic VMS and MSP markets and a Briefing on Manpower Inc.'s (N...