Adecco Group News Release (08/07/14)

Adecco Group reported revenues of €5 billion for the second quarter of 2014, up 1% (5% in constant currency) from the second quarter of 2013. Net income totaled €145 million, up 15% from €126 million in the year-ago quarter.

In North America, revenues were €927 million, an increase of 3% on a year-to-year basis. Industrial staffing revenue growth was strong at 10%. In office staffing, revenues declined by 5%, attributed to continued weak demand from clients in financial services. Revenues in professional staffing grew 2%, with growth of 3% in information technology, 5% in finance and legal, and 6% in medical and science. Engineering and technical staffing revenues declined by 1%. Permanent placement revenues in North America were up 10%.

Cross Country Healthcare Inc. News Release (08/06/14)

Cross Country Healthcare Inc. reported revenues of $122.7 million for the second quarter of 2014, up 11% from $110.8 million in the second quarter of 2013. The company reported a net loss of $3.2 million, compared with a net loss of $1.5 million in the year-ago quarter.

Nurse and allied staffing revenues totaled $82.6 million for the second quarter of 2014, up 26% from $65.7 million in the second quarter of 2013. Physician staffing revenues totaled $30.8 million, down 11% from $34.8 million on a year-to-year basis.

Bloomberg (08/07/14) Victoria Stilwell

The number of people applying for unemployment benefits in the week ended Aug. 2 dropped by 14,000 to 289,000, according to the U.S. Department of Labor. The 47 economists surveyed by Bloomberg had forecast claims of 304,000. The four-week moving average of new claims dropped by 4,000 to 293,500, the lowest level since February 2006.