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Jobless claims down 5.4% over week

May 7, 2009

The number of U.S. initial claims for unemployment benefits fell 5.4% to 601,000 in the week ended May 2 from the previous week's revised number of 635,000. The four-week moving average of claims fell 2.3% to 623,500 from the previous week's revised average of 638,250.


Monster employment index improves

May 7, 2009

The Monster Worldwide Inc. (NYSE: MWW) employment index rose two points in April to a reading of 120 from its March reading of 118. The index was still down 54 points year-over-year in April. "April's rise in online recruitment activity was in line with seasonal expectations and suggests that t...


Cross Country revenue slips 2%

May 7, 2009

Cross Country Healthcare Inc. (NASD: CCRN) reported first-quarter revenue fell 2.1% year-over-year to $175.4 million. First-quarter revenue got a boost by the acquisition in July of Medical Doctor Associates, a locum tenens staffing firm, without which revenue would have declined further. CEO J...


Economy pulls Comforce revenue down 8%

May 7, 2009

First-quarter revenue fell 8.1% year-over-year at Comforce Corp. (AMEX: CFS) to $138.0 million. Revenue suffered mainly because of the declining global economy, management reported. Comforce reported first-quarter revenue in its human capital management services segment, which includes PRO Unli...


Analysts International revenue falls 46%

May 7, 2009

Analysts International Corp. (NASD: ANLY), a Minneapolis-based information technology services and staffing firm, announced first-quarter revenue fell 45.5% year-over-year to $45.1 million amid the recession. Excluding product sales, which accounted for 8.2% of revenue, first-quarter revenue fe...


Monster employment index improves

May 7, 2009

The Monster Worldwide Inc. (NYSE: MWW) employment index rose two points in April to a reading of 120 from its March reading of 118. The index was still down 54 points year-over-year in April. "April's rise in online recruitment activity was in line with seasonal expectations and suggests that the...


Cross Country revenue slips 2%

May 7, 2009

Cross Country Healthcare Inc. (NASD: CCRN) reported first-quarter revenue fell 2.1% year-over-year to $175.4 million. First-quarter revenue got a boost by the acquisition in July of Medical Doctor Associates, a locum tenens staffing firm, without which revenue would have declined further. CEO Jos...


Kforce first-quarter revenue falls 7.5%

May 6, 2009

First-quarter revenue fell 7.5% year-over-year at Kforce Inc. (NASD: KFRC) to $231.3 million. Revenue fell in all the Tampa FL-based professional staffing company's segments except for government solutions. Revenue there rose 54.5% to $28.0 million. Kforce acquired dNovus RDI, a supplier to the f...


Adecco revenue falls 26%, conditions still tough

May 6, 2009

First-quarter revenue fell 26.4% year-over-year at Adecco SA, the world's largest staffing firm, to euro3.70 billion (US$4.89 billion). Adecco reported the business environment remains tough and there are no "clear signs of stabilization." The Switzerland-based company said it plans euro14 mill...


Report says U.S. job losses down

May 6, 2009

The U.S. shed fewer jobs from March to April than from February to March, according to the National Employment Report released today by Automatic Data Processing Inc. (NYSE: ADP). The report said U.S. lost 491,000 private-sector nonfarm jobs between March and April, on a seasonally adjusted basis...