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Finding jobs for laid-off staffing workers

February 27, 2009

Do staffing firms handle layoffs differently than other firms? Staffing Industry Analysts Senior Research Analyst Noël Calvi ponders the question in The Contingent Blog. For the full blog, click here.


AMN's fourth-quarter revenue rises 3.5%

February 27, 2009

AMN Healthcare Services Inc. (NYSE: AHS), the largest U.S. healthcare staffing firm, said fourth-quarter revenue rose 3.5% year-over-year to $295.9 million. Net income, however, fell 9.5%. "While not as impacted as many other sectors, the slowing economic conditions and higher unemployment have...


CBS, Venturi take on Staffmark name

February 27, 2009

Staffmark will be the brand name for the combined CBS Personnel Holdings Inc., Staffmark and Venturi Staffing firms, the company announced today. CBS acquired Staffmark in January 2008 and Venturi Staffing in 2004. The new identity will be rolled out at the company's offices in the next 12 to 18...


Hays revenue up 5%

February 27, 2009

Hays PLC, a London-based staffing firm with worldwide operations, said revenue rose 5% to GBP1.28 billion (US$1.85 billion) in its fiscal year's first half ended Dec. 31, 2008. Excluding currency effects, however, revenue rose 1%. Profit fell 17.8% to GBP70.6 million (US$102.2 million) from GBP...


AMN's fourth-quarter revenue rises 3.5%

February 27, 2009

AMN Healthcare Services Inc. (NYSE: AHS), the largest U.S. healthcare staffing firm, said fourth-quarter revenue rose 3.5% year-over-year to $295.9 million. Net income, however, fell 9.5%. "While not as impacted as many other sectors, the slowing economic conditions and higher unemployment have n...


Microsoft delays bill-rate cut two weeks

February 27, 2009

Microsoft Corp. postponed a 10% cut in bill rates it pays staffing firms by two weeks, the TechFlash Web site reported. The cuts will now take place in mid March instead of March 2.


Fourth-quarter real GDP falls at 6.2% rate

February 27, 2009

U.S. real gross domestic product decreased at an annual rate of 6.2% in the fourth quarter, according to a preliminary estimate by the U.S. Department of Commerce. The Associated Press reported it was the worst decline in 25 years. A previous estimate of real GDP for the fourth quarter was a decl...


Eastridge acquiring TheraStaff

February 27, 2009

The Eastridge Group of Staffing Companies announced Thursday it is set to acquire TheraStaff Inc., an allied healthcare staffing firm, effective March 1. San Diego-based TheraStaff provides physical, occupational and speech therapists. TheraStaff will keep its brand name, and its founder, William...


Jobless claims rise 5.7%

February 26, 2009

The number of U.S. initial claims for unemployment benefits rose 5.7% to 667,000 in the week ended Feb. 21 from the previous week's revised average, the U.S. Department of Labor reported today. The four-week moving average of claims rose 3.1% to 639,000 from the previous week's revised average of...


Report - Microsoft to cut staffing bill rates 10%

February 26, 2009

Microsoft Corp. is reducing bill rates on all current temporary labor assignment by 10% effective March 2, according to an e-mail obtained by the TechFlash Web site. The software company also plans to reduce overtime for temporary agency workers and reduce total overall hours for the workers, a...