Kelly Services News Release (11/04/15)

Kelly Services reported revenue of $1.35 billion in the third quarter of 2015, down 3.2% (up 3.0% in constant currency) from $1.4 billion in the third quarter of 2014. Net earnings totaled $9.1 million, compared with $1.4 million in the year-ago quarter.

U.S. revenues totaled $899.8 million, up 3.0% from $873.7 million in last year’s third quarter. Revenue totaled $93.1 million for the Asia-Pacific region, down 8.3% (up 9.5% in constant currency) from $101.6 million. By segment, revenues were $171.8 million for outsourcing and consulting services, up 14.7% (up 16.8% in constant currency) from $149.8 million.

President and chief executive officer Carl T. Camden said, “Our third quarter results confirm that Kelly is operating as a more efficient organization, delivering both topline growth and operating leverage. We’re expanding Kelly’s role as a trusted talent adviser to many of the world’s top companies.”

TeamHealth Holdings News Release (11/03/15)

Team Health Holdings Inc. reported net revenue of $899.2 million in the third quarter of 2015, up 26.2% from $712.2 million in the third quarter of 2014. Net earnings totaled $35.4 million, up 28.3% from $27.6 million in the year-ago quarter.

Kforce Inc. News Release (11/03/15)

Kforce Inc. reported revenues of $341.6 million in the third quarter of 2015, up 8.8% from $313.8 million in the third quarter of 2014. Net income totaled $13.5 million, up 16.4% from $11.6 million in the year-ago quarter.

“Secular drivers continue to be a key factor in flexible staffing growth, driven both by the project nature of work as well as our clients’ desire to minimize employment risk,” said David Dunkel, chairman and chief executive officer.

Health Carousel News Release (11/03/15)

Cincinnati, OH-based health care workforce solutions provider Health Carousel, the parent company of Tailored Healthcare Staffing and PassportUSA, has acquired Dayton, OH-based Next Medical Staffing.

Conference Board News Release (11/04/15)

Online advertised vacancies increased 172,300 to 5.5 million in October, according to the Conference Board Help Wanted OnLine Data Series. The September supply and demand rate stands at 1.5 unemployed for each advertised vacancy, with a total of 2.6 million more unemployed workers than the number of advertised vacancies. The number of unemployed was around 8.0 million in September.

“Labor demand for 2015 continues to follow the 2014 pattern of high monthly demand levels with modest net growth,” says Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board. “The strong monthly demand level continues to help reduce the number of unemployed and maintain a positive outlook for the U.S. labor market.”