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Adecco Reports Q1 2013 Results

Adecco Group News Release (05/07/13)

Adecco Group reports revenues of €4.6 billion for the first quarter of 2013, down 8% in constant currency from the same period a year ago. The company also reports €81 million in permanent placement revenues, down 9% in constant currency, and €71 million in revenues for its career transition business, up 5% in constant currency. Meanwhile, net income was €67 million, down from €112 million during the first quarter of 2012.

Adecco’s North America revenues totaled €888 million for the quarter, up 2% organically (+4% organically adjusted for trading days). General staffing revenues rose 2% in constant currency, professional staffing revenues climbed 2% organically, information technology professional staffing increased 5% organically, medical and science surged 14% in constant currency, finance and legal slipped 4% in constant currency, permanent placement staffing jumped 14% in constant currency, and engineering and technical was flat year-on-year.

Hudson Global Reports 2013 First Quarter Results

Hudson Global Inc. News Release (05/07/2013)

Hudson Global Inc. reported revenue of $165.7 million for the first quarter of 2013, down 17.4% from $200.6 million during the year-ago period. The company posted a net loss of $8.2 million, compared with a net loss of $3.2 million in the first quarter of 2012. Hudson Americas’ revenues totaled $37.2 million for the first quarter of 2013, down from $45.2 million during the first quarter of 2012.

Labor SMART Inc. Acquires Operating Assets of Florida-Based Qwik Staffing Solutions

Reuters (05/06/13)

Labor SMART Inc. on May 6 announced that it has acquired substantially all of the operating assets of Florida-based Qwik Staffing Solutions Inc. The acquisition adds three additional branches located in Jacksonville, Orlando, and Tampa, FL, bringing the company’s latest branch count to 13 branches located in eight states.

Jobs Gains Are Strong, Wages Not So Much

Wall Street Journal (05/06/13) Kathleen Madigan

Employers are relying more on temporary employees rather than hiring permanent staff, so even though the jobless rate has declined to 7.5%, some observers are concerned. Many of the recent employment gains came from the temporary-help sector and from low-wage sectors such as retail. Higher paying jobs in manufacturing were in short supply, and federal, state, and local governments cut jobs.

How Does Your Firm’s Performance Measure Up?

Participate in the ASA Sector Benchmarking Survey to benchmark your performance against similar staffing firms. The survey covers sales and operational metrics for the health care; industrial; office–administrative; professional; search and placement; and technical, IT, and scientific industry sectors. ASA member companies that complete the survey will receive a free full survey report that provides key metrics such as data on gross margins by sector, average employee placements by company size, and more.

Interested in participating? Contact ASA at to receive a customized link. To learn more and view sample survey questions, go to The survey deadline is May 21.

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The new ASA Marketplace is the most robust online suppliers guide the staffing industry has ever had. The site is now live at

Search by product or service category, industry sector, geographic location, and much more. Plus, read the latest supplier news releases, tap into social media feeds, and get direct links to sales contacts.

Shop ASA Marketplace today.