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RCM Technologies Inc. Announces First Quarter Results

Marketwatch (05/09/13)

RCM Technologies Inc. reported revenues of $41.2 million for the first quarter of 2013, marking an increase of 8% from $38.2 million in the first quarter of 2012. Over the same period, the company’s net income decreased slightly from $1.1 million to $1 million.

Analysts International Corp. Reports First Quarter 2013 Financial Results

Analysts International Corp. News Release (05/09/13)

Analysts International Corp. reported $24.6 million in revenue for the first quarter of 2013, down 8.1% from $26.7 million in the year-ago period. Its net income was $0.2 million, which is essentially unchanged from the first quarter of 2012.

Temporary Workers Near U.S. Record

Bloomberg Businessweek (05/10/13) Jeff Green

The number of temporary employees and their percentage of the U.S. work force likely will set records this year, according to a number of forecasts. The U.S. has added 913,200 temporary employees since June 2009, or about 19% of all new jobs. In April the number of temporary employees rose to 2.66 million, just 11,300 short of the April 2000 record, according to data from the U.S. Bureau of Labor Statistics.

“It is going to eclipse the prior record high,” says Paul McDonald, a senior executive director at Robert Half International, adding that penetration of 2.5% to 3% is possible at some point. “This recovery is producing jobs on a temporary basis even faster than the last recovery.”

A boost in consumer demand, a growing need for flexibility, and health care reform are causing companies to utilize staffing firms. Furthermore, companies remain reluctant to hire permanent employees amid questions about whether the economic expansion will weaken, which has been good news for staffing firms.

“There’s been this push to get things just in time,” says Jeffrey Joerres, chief executive officer at ManpowerGroup. “Companies have gotten their hands forced on being more adept at trying to figure out their demands for talent as much as their demand for capital resources.”

A range of companies including automakers, retailers, and pharmaceutical firms are relying on temporary staff. Ford Motor Co., for example, has increased its use of temporary employees by 11% over the past year. “Staffing companies allow us to be more nimble, especially with project-based, time-specific positions that require specialized expertise,” says Dan Fortunato, director of purchasing for construction and services.

Atterro Human Capital Group (Pro Staff) Acquires Houston’s Technical ProSource

PRWeb (05/09/13)

Minneapolis-based Atterro Human Capital Group has acquired the Houston-based staffing firm Technical ProSource. The acquisition expands the presence of Atterro’s staffing and recruiting business in the region, which is already home to its Pro Staff and Ware Technology Services divisions. Technical ProSource places information technology professionals in positions across an array of industries including oil and gas, energy, manufacturing, health care, and financial services.

OGH LLC Acquires Locum Leaders

PRWeb (05/02/13)

OGH LLC, a provider of work force solutions for the health care and technology sectors, has announced the completed acquisition of Locum Leaders, a supplier of locum tenens services to health care systems and physician practice management organizations throughout the U.S. OGH plans to continue to operate Locum Leaders as a dedicated brand within the locum tenens space and keep the company headquartered in Alpharetta, GA.

Welcome New ASA Members

Please join the ASA board of directors and staff in welcoming the following new members, which joined during the week of April 29.

Flex HR Inc.

Johns Creek, GA

Quadrant Inc.

Reston, VA

Systems Staffing Group Inc.

Bala Cynwyd, PA

Triad Employment Solutions & Staffing

High Point, NC