Randstad News Release (07/25/13)

Randstad Holding has reported net earnings of €63 million for the second quarter of 2013, up 73%. Total company revenue for the second quarter of 2013 was €4,096 million.

TrueBlue News Release (07/24/13)

TrueBlue Inc. yesterday reported net earnings of $12.5 million for the second quarter of 2013, compared with $10.3 million for the same period last year (up 21%). Net earnings for the first half of 2013 totaled $11.4 million, down 3% from $11.8 million for the first half of 2012.

Net revenue for the second quarter of 2013 totaled $422 million, up 19% from $354 million for the second quarter of 2012. Net revenue for the first half of 2013 totaled $768.8 million, compared with $665.4 million in the first half of 2012.

On Assignment Inc. News Release (07/24/13)

On Assignment Inc. has reported net earnings of $7.3 million for the second quarter of 2013, compared with $7.6 million for the second quarter of 2012 (down 4%). Revenues for the quarter were $417.9 million, up 57.2% year-over-year. On a pro forma basis assuming the acquisition of Apex Systems had occurred at the beginning of 2012, revenues were up 15.4% year-over-year.

Net earnings for the first half of the year were $31.9 million, up 247% from $12.9 million in 2012. Revenues for the first half of the year were $807.1 million, up 91% from $422.6 million a year earlier.

Impellam Group News Release (07/25/2013)

Impellam Group has reported revenue of £591.7 million for the first half of the year, up 0.15% from £590.9 million a year earlier. Impellam North America’s revenue increased 7.7% to £95.2 million, up from £87.6 million a year earlier.

Bloomberg (07/25/13) Alexandria Baca; Shobhana Chandra

The number of people who applied for unemployment benefits last week rose as annual auto-plant shutdowns continued to affect data. Jobless claims increased by 7,000 to 343,000 in the week ended July 20, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecast 340,000 jobless claims. The less-volatile four-week moving average of new jobless claims fell to 345,250 last week from 346,500.

Bloomberg (07/25/13) Michelle Jamrisko

Orders for U.S. durable goods rose 4.2% in June, according to the U.S. Department of Commerce, indicating a rise in demand that will aid the manufacturing industry and general economy in the second half of 2013. Economists surveyed by Bloomberg had forecast an increase of 1.4%. Gains in residential real estate and motor vehicles sales are offsetting weak foreign demand.

Los Angeles Times (07/24/13) Ricardo Lopez

Thirty workers at a warehouse supplying Wal-Mart went on strike yesterday to protest retaliation from managers resulting from employee complaints about poor working conditions. Workers complained about a lack of drinking water access and ventilation, as well as blocked fire exits and other poor conditions.

The corporate secretary for Olivet International Inc., which owns the warehouse, insisted this was not the case and that the warehouse complies with standards set by the U.S. Occupational Safety and Health Administration. The logistics industry provides 114,000 jobs to California’s Inland Empire region. California in 2011 fined labor subcontractors Impact Logistics and Premier Warehousing Ventures, which operate in the region, more than $1 million for failing to maintain proper pay records and itemized pay statements for hundreds of temporary workers. California also fined Warestaff, a staffing firm, $57,000 last year in another case involving worker complaints about poor conditions.