TROY, Mich. (AP) — Temporary worker staffing agency Kelly Services Inc. said Wednesday that it posted a first-quarter profit in contrast to a loss a year ago as the economy continues to improve.
Kelly provides temporary workers to companies in a wide array of industries. CEO Carl Camden said in a statement that the company continues "to see evidence of a solid, sustainable economic recovery." He also said Kelly's revenue growth for the quarter confirms that it is on track for a profitable year. Kelly Services reported net income of $26.1 million last year.
Camden also said that employers will remain cautious about hiring more workers until full confidence in the economy is restored, which favors the temporary staffing industry. "We intend to capitalize on the opportunities presented," he said
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
