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On Assignment revenue slips, low point seen

May 1, 2009

First-quarter revenue at On Assignment Inc. (NASD: ASGN) fell 23.4% year-over-year to $116.8 million. The company reported a drop in demand for staffing services during the quarter, but said the situation could be turning around. "Although we anticipate demand to be weak in the near term, we are...


Who pays the fee?

May 1, 2009

A survey of the general public by Staffing Industry Analysts found that almost half still believe staffing firms charge for finding workers temporary jobs. Staffing Industry Analysts' Executive VP and Chief Analyst Barry Asin discusses the finding in The Contingent Blog. For the full blog, clic...


Research from Staffing Industry Analysts

May 1, 2009

Here is the latest research from Staffing Industry Analysts. BRIEFING - Commercial staffing 1Q09 early returns *First quarter 2009 weak, as expected*But recent months show hints of stabilization*Branch closings, aggressive cost-cutting common


Manufacturing's rate of decline moderates

May 1, 2009

Economic activity in the U.S. manufacturing sector declined in April, but at a slower rate than in March, the Institute for Supply Management reported today. The institute's key purchasing managers' index for manufacturing posted a reading of 40.1 in April, up from 36.3 in March. However, only...


People - Korn/Ferry, Intellect

April 30, 2009

Executive search firm Korn/Ferry International Inc. (NYSE: KFY) named a former Ford Motor Co. executive as its chairman. Intellect Technical Solutions Inc. appointed a VP of sales and recruiting. Korn/Ferry announced Kenneth Whipple will take the role of nonexecutive chairman from Paul Reilly eff...


General Employment revenue falls 36.4%

April 30, 2009

General Employment Enterprises Inc. (AMEX: JOB) reported revenue fell 36.4% year-over-year to $2.5 million in its fiscal second quarter ended March 31. The Oakbrook Terrace IL-based staffing firm posted a second-quarter net loss of $1.1 million compared with a net loss of $523,000 in the same p...


Temp's bounceback in the last recovery

April 30, 2009

The "boom" after the last recession may have been short, but how much did temporary employment bounce back in the recovery? Staffing Industry Analysts' Senior Research Analyst Tony Gregoire discusses this in The Contingent Blog. For the full blog, click here.


Research from Staffing Industry Analysts

April 30, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - 2009 Contingent Worker Survey: Many think agencies charge temps a fee*Misperception widespread across occupations, industries*Workers who believe a fee charged less likely to temp*Best practice: remind prospects you're a "no f...


CDI revenue slips amid weaker demand

April 30, 2009

First-quarter revenue fell 22.2% year-over-year at CDI Corp. (NYSE: CDI) to $228.7 million. The Philadelphia-based engineering and information technology services and staffing company said weakness in hiring demand in the fourth quarter continued in the first. "We anticipate continued weakness...


New Orleans again posts lowest jobless rate

April 30, 2009

The New Orleans-Metairie-Kenner metropolitan area in Louisiana again reported the lowest jobless rate in March, 5.3%, among U.S. metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor statistics reported Wednesday. The Oklahoma City OK area posted the second-lowest a...