Page Group Second Quarter and First Half 2015 Results
Michael Page International PLC reported gross profits of £145.3 million in the second quarter of 2015, up 10.6% in constant currency from £137.1 million in the second quarter of 2014. North America delivered a record quarter from both the U.S. and Canada, up 21%, combined, from the same quarter last year. In the U.S., this was driven by strong performance in New York as well as significant improvements in Chicago and Los Angeles. Globally, gross profit from permanent recruitment grew 7.2% and from temporary recruitment grew 2.1%. The ratio of permanent to temporary was 78:22.
Staffing 360 Solutions Completes Acquisition of Lighthouse Placement Services LLC
Staffing 360 Solutions Inc. has completed the acquisition of engineering staffing firm Lighthouse Placement Services LLC. The acquisition closed on July 8.
NFIB: Small Business Optimism Takes Significant Hit in June
NFIB News Release
The National Federation of Independent Business Small Business Optimism Index dropped 4.2 points this month to 94.1, well below the prerecession average of 99.5. Nine of the 10 components dropped, and one was unchanged from May.
“June terminated a promising string of improvements in owner optimism during the first months of the year,” says Bill Dunkelberg, NFIB chief economist. “While it is not a disaster or a signal of a looming recession, it is a disappointing sign that economic growth on Main Street is not set for a strong second half of growth. The weakness was substantial across the board, showing no signs of a growth spurt in the near future.”
Small-business owners added a net -0.01 workers per firm in recent months. Ten percent reported increasing employment, an average of 3.2 workers per firm, while 12% reported reducing employment, an average of 3.3 workers per firm. Fifty-two percent reported hiring or trying to hire (down 3 points), but 44% reported few or no qualified applicants for the positions they were trying to fill. Eighteen percent reported using temporary workers, up 5 points. Twenty-four percent of all owners reported job openings they could not fill in the current period, down 5 points, after reaching the highest level since April 2006 in February. A net 9% plan to create new jobs, down 3 points and the lowest reading since September 2014.
Check Out the Education Sessions at Staffing World®
Detailed descriptions for the nearly 40 education sessions planned for Staffing World 2015, Oct. 27–29 in Nashville, TN, are now live at staffingworld.net
. Read about the many workshops, roundtable sessions, and networking events taking place at the industry’s most important annual event.
Register by Sept. 11 for the lowest rate available—after Sept. 11, rates will increase. Go to staffingworld.net
Free ASA Webinar Today—Helping Employees Be Their Best
Don’t miss the ASA webinar “Move Your Business From Average to Great—Transform Corporate Employees Into Top Talent
.” It takes place today from 3 to 4 p.m. Eastern time. Find out how to evaluate the employees who don’t perform at the highest levels and how you can help them improve.
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