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Benefits 30% of employee pay

March 13, 2008

Employee compensation costs averaged $28.11 per hour worked in December, the U.S. Bureau of Labor Statistics reported Wednesday. Wages and salaries averaged $19.62 an hour for 69.8% of the costs, and benefits averaged $8.49 per hour for 30.2% of the costs. The cost per hour for insurance benefits...

General Healthcare Resources buying two firms

March 12, 2008

General Healthcare Resources Inc., a Plymouth Meeting PA-based healthcare staffing firm, said it struck deals to acquire Respond Medical Staffing of Birmingham AL and Elite Medical Staffing of Orlando FL. Terms of the deals were not disclosed. Respond provides per diem and local nurse staffing in...

VA starts travel nurse program

March 12, 2008

The U.S. Department of Veterans Affairs announced the creation of a travel nurse corps. The three-year pilot program will initially place as many as 75 nurses at VA medical centers across the country. It will be based at the Phoenix VA Health Care System. Nurses taking part will receive standard...

It's lonely at the top

March 12, 2008

Hinda Chalew, VP of marketing at Staffing Industry Analysts, blogs on the dearth of women CEOs in the staffing industry, corporate anthropology, marketing to candidates, and how lonely it can be at the top. Click here.

Volt posts first-quarter loss

March 12, 2008

Volt Information Sciences Inc. (NYSE: VOL) reported a net loss of $13.2 million for the first quarter of its fiscal year ended Jan. 27, 2008. The company posted net income of $727,000 in the first quarter of the previous year. Volt provides staffing, telecommunications services, and telephone dir...

Job openings, hires, separations fall

March 12, 2008

The number of job openings was more than 3.9 million on the last business day of January, down 382,000 year-over-year, the U.S. Bureau of Labor Statistics reported today. There were 4.3 million job openings in January 2007. The job openings rate was 2.8% in January compared with 3.0% in January 2...

U.S. employment services revenue rises 5.9%

March 12, 2008

Revenue in the U.S. employment services industry rose 5.9% in the fourth quarter of 2007 compared with the third quarter, the U.S. Census Bureau reported today. The sector had $46.68 billion in revenue for the fourth quarter, according to a preliminary estimate by the government. That compares to...

TeamStaff plans reverse split to stay listed

March 12, 2008

TeamStaff Inc. (NASD: TSTF) said a reverse stock split to keep its shares listed on the Nasdaq received approval from the exchange's hearings panel. It's hoped the reverse split will enable the company's shares to meet minimum listing requirements. TeamStaff reported in January it received a deli...

Comforce profit rises 17%

March 11, 2008

Fourth-quarter net income rose 17.0% at Woodbury NY-based Comforce Corp. (AMEX: CFS). The company posted profit of $2.2 million in the quarter compared with $1.9 million in the same period in the previous year. Revenue for the quarter, however, fell 2.9% to $144.7 million from $149.1 million in t...

Goodwill chairman resigns, investors buy loans

March 11, 2008

Chairman of the Goodwill Group, a Tokyo-based company that provides staffing and other services, stepped down, the company announced. Chairman Masahiro Origuchi will now serve as adviser to GW Premier America Inc., the company's U.S. staffing operations. Goodwill also announced that U.S. investme...