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CTPartners Executive Search Inc. Reports Fourth-Quarter and Full-Year Results

CTPartners News Release (01/21/15)

CTPartners Executive Search Inc. reported net revenue of $42 million for the fourth quarter of 2014, up 22% from $34.3 million in the fourth quarter of 2013, and net revenue of $172 million for all of 2014, up 32% from $130.3 million in 2013. When complete, audited financial results are reported, adjusted net income is expected to be between $0.5 million and $0.6 million for the fourth quarter, compared with $0.9 million in the year-ago quarter, and between $6.2 million and $6.4 million for the full year, compared with $1.8 million in 2013.

More Americans Than Forecast Filed Jobless Claims Last Week

Bloomberg (01/22/15) Nina Glinski

The number of people applying for unemployment benefits in the week ended Jan. 17 decreased by 10,000 to 307,000, according to the U.S. Department of Labor. The 52 economists surveyed by Bloomberg had forecast claims of 300,000. The four-week moving average of new claims increased by 6,500 to 306,500, the highest since mid-July.

Free ASA Webinar Next Month—The ADA and FMLA

Do you know how to manage Family and Medical Leave Act leave and Americans With Disabilities Act compliance for temporary employees placed at a client’s site? Learn about employer obligations under the FMLA and ADA during the ASA webinar “Key Knowledge for Staffing Firms: The FMLA and ADA.” It takes place Thursday, Feb. 12, 3–4 p.m. Eastern time.

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