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Adecco Reports Q2 2014 Earnings

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 Announces Second-Quarter 2014 Financial Results

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.

Jobless Claims in U.S. Fall as Average at Eight-Year Low

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.

Free ASAPro Webinar Next Week—Boost Earnings With Retained Search

How could retained search practices help you close more deals and improve your firm’s bottom line? Find out during the ASAPro webinar “Make the Best of Your Contingency Searches and Triple Your Fill Ratios.” It takes place Thursday, Aug. 14, 3–4 p.m. Eastern time. You’ll learn how to sell exclusivity arrangements with your clients, present yourself as a consultative partner, and more.

All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit