Wednesday, January 29, 2014

16 Largest US Staffing & Outsourcing Companies Average Stock Prices Down 63% Due to Financial Meltdown Spillover Effects, Then Up 462% Under Obama and the US Fed

I found 16 US Staffing & Outsourcing Companies classified in the Services Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 28, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 16 US Staffing & Outsourcing Companies had their average stock prices drop by a massive 63% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 16 US Staffing & Outsourcing Companies have increased by a very robust 462% through January 28, 2014, led by Corporate Resource Services and On Assignment, both experiencing stock market appreciation of 20 times.
 
Clearly, the investors in and employees of these 16 US Staffing & Outsourcing Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 16 US Staffing & Outsourcing Companies on January 28, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 28, 2014:







Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Staffing & Outsourcing Services
 1-28-14   3-6-09   12-31-07  1-28-14 3-6-09








Corporate Resource Services

       2.15        0.10        0.35 2050% -71%
On Assignment

     30.41        1.44        7.01 2012% -79%
Barrett Business Services

     83.01        8.14      18.01 920% -55%
Hudson Global

       3.99        0.86        8.41 364% -90%
TrueBlue

     25.62        6.17      14.48 315% -57%
Kelly Services

     23.74        6.30      18.66 277% -66%
Kforce

     19.17        5.59        9.75 243% -43%
ManpowerGroup

     80.60      24.19      56.90 233% -57%
Dice Holdings

       7.13        2.23        7.99 220% -72%
Korn/Ferry Intl

     24.30        8.30      18.82 193% -56%
Robert Half Intl

     41.39      14.41      27.04 187% -47%
CDI Corp

     17.59        7.14      24.26 146% -71%
Paychex

     42.29      20.94      36.22 102% -42%
Cross Country Healthcare

     10.98        5.47      14.24 101% -62%
Heidrick & Struggles Intl

     18.26      14.00      37.11 30% -62%
Monster Worldwide        6.27        6.22      32.40 1% -81%








Average % Change all 16




462% -63%