Robert Half Reports Second-Quarter Financial Results
Robert Half reported revenues of $1.27 billion for the second quarter of 2015, up 9% (13% in constant currency) from $1.16 billion in the second quarter of 2014. The company reported net income of $89.7 million, up 19.4% from $75.1 million. Total U.S. staffing revenues were $871 million in the second quarter, up 13%, led by increases in permanent placement revenues, which were up by 19%.
“This was Robert Half’s 21st straight quarter of double-digit net income and earnings per share percentage growth on a year-to-year basis. Growth rates were the strongest in the U.S., where skilled professional talent is currently at a premium as a result of the tightening labor market,” said Max Messmer, Robert Half’s chairman and chief executive officer. “We have excellent market conditions, and we are optimistic going forward.”
Kansas City Fed: Manufacturing Activity Declined in July
Federal Reserve Bank of Kansas City
Manufacturing activity in the Plains states declined again in July, but less so than in previous months, according to the Federal Reserve Bank of Kansas City. Producers remained slightly optimistic about future activity.
The month-to-month composite index was -7 in July, up from -9 in June. The production index jumped from -21 to -5, and the shipments and order backlog indexes also moved higher. The new orders index slipped from -3 to -6, and the employment index dropped to its lowest level since April 2009, with many firms noting difficulties finding qualified workers.
Hear From Compelling Business Leaders at Staffing World®
Staffing World 2015, the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry, takes place Oct. 27–29 in Nashville, TN. Headlining the convention are three world-class keynote speakers, including Seth Mattison
, founder and chief movement officer of FutureSight Labs.
An expert on workforce trends and generational dynamics, Mattison will explore new models for developing talent and driving innovation and share strategies for fostering more meaningful connections with employees and clients in a predominantly digital age.
Get more information about Mattison and the other business leaders scheduled to be at the convention at staffingworld.net
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending July 19.
Lost Dutchman Search
New England Healthcare Contractors LLC
North Andover, MA
S&N Business Services