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Earnings: Paychex Inc.

June 25, 2010

Paychex Inc. (NASD: PAYX), a Rochester NY-based payroll processing firm that also provides PEO services, reported earlier this week that revenue rose 6.2% year-over-year in its human resource services segment to $141.2 million during its fiscal fourth quarter that ended May 31.

Paychex's human resources...

LTN Staffing buys Dallas firm

June 24, 2010

LTN Staffing LLC acquired BG Personnel, a Dallas-based firm that provides staffing services to the multi-family property management industry.

Personnel provided by BG include property managers, assistant managers, bookkeepers, leasing consultants and maintenance personnel among others.

Growth Capital...

Study: Longer-time temps can boost margins

June 24, 2010

Staffing firms can charge more and improve margins when placing workers with whom they have longer term relationships, according to research announced by the London Business School.

Longer relationships can allow a staffing firm to know more about its workers. A firm can then use that knowledge to...

BLS reports 1,412 mass layoffs in May

June 24, 2010

There were 1,412 mass layoffs in May with 135,789 related initial claims for unemployment insurance, according to seasonally adjusted numbers reported by today by the U.S. Bureau of Labor Statistics.

The number of mass layoffs was down 23.9% compared with the previous month and down 49.5% on a year-over-year...

Jobless claims drop by 19,000

June 24, 2010

U.S. initial claims for unemployment insurance for the week ended June 19 fell by 19,000, or 4.0%, to 457,000 from the previous week, the U.S. Department of Labor reported today. MarketWatch reported that economists had expected jobless claims to fall to 460,000.

The number of initial claims from the...

Staffing Technologies buys Texas firm

June 23, 2010

Staffing Technologies, an Atlanta-based information technology staffing firm, acquired Enterprise Staffing Group.

Staffing Technologies merged the staff at its existing Richardson TX office with the existing staff at Enterprise's Frisco TX office to serve the Dallas area effective June 14. The office...

ASA staffing index edges up in June

June 23, 2010

The American Staffing Association's staffing index rose to a reading of 90 in June, up one point from the May reading of 89. The June reading is up 25% from June 2009's level of 72.

The index measures changes in the number of temporary and contract workers, both weekly and monthly. The monthly measure...

People: Judge, M Squared, Marketplace

June 23, 2010

The Judge Group, a Philadelphia-based staffing provider, promoted Tim Lege to director of its finance and accounting staffing division in New York City. Lege has more than 12 years of financial experience and has held management positions at Clark Davis Associates, The Solomon Page Group and NetPixel....

Survey: 72% in Wisconsin, Illinois feel recovery

June 23, 2010

A third-quarter forecasting survey by QPS Employment Group found that 72% of companies in Wisconsin and Illinois said they were feeling the effects of the economic recovery with 8% saying they are feeling the effects very much and 64% saying they are feeling the effects somewhat.

The third-quarter...

Blog: When staffing firms don't listen

June 22, 2010

Finding the right temporary worker can be a challenge. Hinda Chalew, senior VP of marketing and interactive services, writes about her experiences in The Contingent Blog. For the full blog, click here.