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Synergie, Paris-based firm with Canadian operations, reports revenue up 14%

April 26, 2018

Synergie, a Paris-based staffing firm, reported first-quarter revenue rose 14.2% to €589.6 million (US$726.3 million). The increase was 10.9% on a like-for-like basis.

International revenue — which includes its operations outside France, including Canada — rose 21% to €311.9 million (US$384.2...


Jobless claims average falls, initial claims drop to lowest level since 1969

April 26, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 229,250 last week, down 2,250 from the previous week’s average, the US Department of Labor reported. The previous week’s average was revised up by 250.

The four-week moving average decreases the volatility of the...


Robert Half revenue rises 7% in Q1, international business leads growth

April 25, 2018

Robert Half International Inc. (NYSE: RHI) reported first-quarter revenue rose 7% on a same-billing-day, constant-currency basis. International revenue rose 16.3%, outpacing growth in US revenue of 4.2%.

US perm placement revenue rose 14.8% on a same-day, constant-currency basis in the first quarter;...


UK-based firm to acquire VMS in $150 million deal

April 25, 2018

Learning Technologies Group plc agreed to acquire Waltham, Mass.-based vendor management system provider PeopleFluent for approximately $150 million. The deal is set to be completed by the end of May.

“Learning and talent are closely aligned, and integrated talent and learning solutions will become...


Wages for US workers grew 2.9% over past year, ADP reports

April 25, 2018

Wages for US workers grew 2.9% over the last year, increasing the average wage level by 57 cents to $27.36 an hour, according to the ADP Workforce Vitality Report, released today. The highest growth was in the Information industry where wages rose 5.6% to $41.38. The slowest growth was in the Resources...


CareerBuilder selling Emsi business to national nonprofit

April 25, 2018

CareerBuilder is selling its Economic Modeling Specialists International business to the nonprofit Strada Education Network. Also known as Emsi, the business is an economic software firm specializing in employment data and labor market analysis.

The transaction is expected to close during the second quarter,...


ASA staffing index hits high for the same week in April

April 25, 2018

The American Staffing Association’s staffing index rose 1.2% to a rounded reading of 96 in the week of April 9 to April 15, the best reading for this particular week since the start of the ASA Staffing Index in 2006. 

On a year-over-year basis, temporary and contract staffing employment...


Randstad Q1 revenue up 7% organically on growth in Europe, but North America revenue flat

April 24, 2018

Randstad NV reported global revenue rose 2% in the first quarter; the increase was 7% on an organic basis, which excludes the impact of currency, acquisitions and divestitures and adjusts for the number of working days. North America revenue was up 1% organically. In addition, revenue from the company's Randstad...


Heidrick Q1 net revenue up 14%; search fuels overall growth, but consulting revenue falls

April 24, 2018

Net revenue rose at Heidrick & Struggles International Inc. (NASD: HSII) in the first quarter by 14.3%, or 10.2% in constant currency. Double-digit increases in executive search revenue were reported in the Americas as well as Europe and Asia Pacific. However, consulting revenue fell.

(US$ thousands) ...


Contract watch: Beeline and government of New South Wales

April 24, 2018

A vendor management system agreement valued at AUD$25 million (US$19.2 million) was announced today between VMS provider Beeline and the government of New South Wales, Australia’s most populous state. The city of Sydney lies on the state’s coast.

The contract’s value is the estimated value of services...