BBSI Reports Second-Quarter 2015 Financial Results
BBSI News Release (07/28/2015)
Barrett Business Services Inc. reported net revenue of $182.4 million in the second quarter of 2015, up 21% from $151.1 million in the second quarter of 2014. Net income totaled $8.7 million, up 20% from $7.3 million in the year-ago period. Staffing revenues totaled $42.3 million, up 9.6% from $38.6 million a year ago.
Mastech Holdings Inc. Reports Second-Quarter 2015 Results
Mastech Holdings News Release (07/29/15)
Mastech Holdings Inc. reported revenues of $29.3 million for the second quarter of 2015, up 5.8% from $27.7 million in the second quarter of 2014. Net income totaled $382,000, down 57.2% from $893,000 in the year-ago quarter.
Elwood Staffing Acquires York Cos.
Elwood Staffing News Release (07/29/2015)
Elwood Staffing announced today that it has purchased the assets of the York Cos. Inc., a commercial staffing firm headquartered in Louisville, KY. The acquisition includes three York Cos. branch offices located in Louisville and Shepherdsville, KY, and Murfreesboro, TN. Financial details of the transaction were not announced.
Richmond Fed: Manufacturing Sector Activity Expanded Moderately
Federal Reserve Bank of Richmond (07/28/15)
Manufacturing activity increased moderately in July in the Mid-Atlantic states, according to the latest survey from the Federal Reserve Bank of Richmond. The composite index rose to a reading of 13 from last month’s reading of 7. Shipments advanced 11 points to end at 16, while the index for new orders added seven points to finish at a reading of 17.
Manufacturing employment softened this month; the index settled at 1. Furthermore, the average workweek shortened, with that index also finishing at a reading of 1. Average wages rose nearly on pace with a month ago, with that index ending two points below the previous month at 14. Firms expect strong growth in hiring in the months ahead. The index for expected employment advanced to a reading of 22.
Workers at Google Express Delivery Service Seek to Unionize
USA Today (07/27/15) Mike Snider
More than 140 warehouse and shipping workers at Google Express in Palo Alto, CA, are seeking to improve wages, working conditions, and workplace treatment. The workers, who are employed by Adecco, have asked the Teamsters to represent them in negotiations intended to achieve these goals. The workers claim they have been forced to work faster in poor conditions, with damaged equipment, cracked floors, and failing electrical systems that have resulted in fires. They also take issue with Adecco’s short-term employment agreements, which require workers to leave after two years. The request for union representation would be in line with the expansion of organized labor’s recent Silicon Valley push.
ASA for You
ASA has launched its Approved Continuing Education Provider program, which validates educational programs that provide continuing education hours toward ASA certification renewal.
Under the ACEP program, ASA reviews content from companies that provide educational material related to staffing and recruiting. If their material is approved, companies may display the ACEP seal on their educational offerings, indicating that they meet ASA standards for quality and content. The ACEP seal distinguishes industry trainers, suppliers, and staffing companies that have been approved to award CE credits toward maintaining ASA credentials.
Learn more and apply to become an ACEP at americanstaffing.net. For assistance, contact Emily Lawson or call 703-253-1145.