UPDATE 1-Korn/Ferry posts wider-than-expected quarterly loss

* Q4 ex-items loss $0.11/shr vs Street view of $-0.05

* Q4 revenue $114.4 mln, down 48 pct

* Sees Q1 rev $90 mln-$100 mln

June 9 (Reuters) - Executive search firm Korn/Ferry International (KFY.N) posted a wider-than-expected quarterly loss as a weak labor market continued to hurt its business.

"Although demand for the company's services has begun to stabilize, the macroeconomic climate and labor markets remain uncertain," it said in a statement.

Korn/Ferry also said it was taking further actions to align its cost structure to retain positive cash flow.

For the fourth quarter ended April 30, net loss was $19.5 million, or 45 cents a share, compared with net income of $15.7 million, or 36 cents a share, a year ago.

Excluding items, it lost 11 cents a share. Revenue fell 48 percent to $114.4 million.

Analysts were expecting a loss of 5 cents a share, before special items, on revenue of $113.8 million, according to Reuters Estimates.

During the quarter, the company saw a 36.5 percent decline in the number of executive search engagements opened.

For the first quarter, Korn/Ferry forecast revenue of $90 million to $100 million, below analysts view of $109.8 million.

Shares of the company were down 8 cents at $11.52 Tuesday afternoon on the New York Stock Exchange. (Reporting by A.Ananthalakshmi in Bangalore; Editing by Aradhana Aravindan)