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Randstad 2013 First Quarter Results

Randstad News Release (04/25/13)

Randstad has reported revenue of €3,832 million for the first quarter of 2013. Net income rose 3% to €29.7 million, from €28.8 million in the same quarter a year earlier. North American revenue was €900.2 million in the first quarter, down 3% compared with the first quarter of 2012. Randstad’s U.S. staffing revenue decreased by 4%, its in-house services revenue was flat, and its U.S. professionals revenue declined by 4%. The company reported gross profit in North America was at the same level as last year despite the decline in revenue and fewer working days.

On Assignment Reports Results for First Quarter 2013

On Assignment Inc. News Release (04/24/13)

On Assignment Inc. reported revenues of $389.2 million for the first quarter of 2013, up 148% from $156.8 million in the first quarter of 2012. The results include On Assignment’s acquisition of Apex Systems. The company’s net income was $24.6 million in the first quarter, up from $5.4 million during the same period last year. Revenues were $212.7 million for Apex Systems; $95.3 million for Oxford, up from $78.8 million; $40.5 million for its life sciences segment, down from $41.4 million; $14.4 million for its health care segment, up from $12.6 million; and $26.3 million for its physician segment, up from $24.1 million.

TrueBlue Reports 2013 First Quarter Results

TrueBlue News Release (04/24/13)

TrueBlue Inc. reported revenues of $346 million for the first quarter of 2013, up 11% from $311 million during the same period last year. The company also reported a net loss of $1.1 million for the first quarter, down from net income of $1.5 million in the year-ago period. The first quarter of 2013 includes the acquisition of MDT Personnel and related nonrecurring acquisition and integration costs. “We saw steady growth in demand for our services across most industries and locations, and we are especially encouraged by an increase in construction activity,” said TrueBlue chief executive officer Steve Cooper.

Jobless Claims Fall, Point to Improving Job Market

Reuters (04/25/13) Annalyn Kurtz

Applications for jobless benefits decreased by 16,000 to 339,000 in the week ended April 20, the lowest since March 9, according to data released today by the U.S. Department of Labor. The figure is slightly lower than expected. Economists had forecast jobless claims would fall to 351,000, according to Briefing.com.

The figures indicate companies have enough confidence to maintain current staffing levels and are in a position to add to headcount should sales strengthen. At the same time, recent data showing the economy began to cool at the end of the first quarter give businesses reason to pause, prolonging the time it takes joblessness to retreat to prerecession levels.

Free ASAPro Webinar Today—Best Practices for Family-Owned Staffing Firms

Don’t miss the ASAPro webinar “All in the Family—Best Practices for Family-Owned Staffing Firms” today from 3 to 4 p.m. Eastern time. Managers at a family-owned staffing firm may face some unique challenges—learn about the special circumstances of family-owned business, and how to overcome some common obstacles.

This webinar is free for ASA members and qualifies for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

Coming May 1: ASA Marketplace—Your No. 1 Source for Suppliers to the Staffing Industry

Next week ASA will launch a powerful online resource that will change how staffing companies access industry supplier information and make important purchasing decisions.

A feature-rich, interactive, searchable website, asamarketplace.net, will allow users to find supplier products and services in various categories by using a host of tools. There’s never been anything like it in the staffing business.

Suppliers to the staffing industry should contact Antoinette Dixon at 703-253-1142 or adixon@americanstaffing.net or Bob Jonas at 703-253-1169 or rjonas@americanstaffing.net for listing details.