Daily News
Global CEO confidence falls in third quarter
October 5, 2017Global CEO confidence fell for the second consecutive quarter in the third quarter after increasing to prerecession highs in the first quarter, according to The Conference Board’s measure of CEO confidence. In the third quarter, the measure declined to a level of 59, down from 61 in the second quarter....
Massachusetts staffing firm operator pleads guilty to tax crimes, insurance fraud
October 5, 2017The operator of a temporary employment agencies providing labor for Massachusetts companies in agricultural industries pleaded guilty this week to 18 counts of willful failure to collect and pay over taxes to the Internal Revenue Service and five counts of mail fraud in connection with her evasion of...
Jobless claims impacted by hurricanes, fall more than expected
October 5, 2017Initial claims for unemployment insurance fell by 12,000 to a total of 260,000 last week with Hurricanes Harvey, Irma and Maria affecting the numbers, according to seasonally adjusted data released today by the US Department of Labor.
Reuters reported the impact of the hurricanes made it difficult to...
Bill to reverse NLRB joint-employment ruling passes committee (Bloomberg BNA)
October 5, 2017A bill to reverse a National Labor Relations Board ruling that expanded joint-employer liability was approved by the House Education and the Workforce Committee, Bloomberg BNA reported. The bill, HR 3441, will next be potentially up for consideration on the House floor, where it’s expected to pass....
Google aims to launch self-driving car service this year (Ars Technica)
October 5, 2017Google’s self-driving car unit aims to launch a self-driving taxi service near Phoenix this year, Ars Technica reported. Anonymous sources told The Information that Google’s self-driving car unit, Waymo, is preparing to launch “a commercial ride-sharing service powered by self-driving...
SIA list ranks largest global staffing firms for 2017, Adecco remains largest
October 4, 2017The Adecco Group remains the world’s largest staffing and recruitment firm, according to Staffing Industry Analysts’ newly released list of largest global staffing firms. Randstad Holding and ManpowerGroup followed as second- and third-largest.
Hire Dynamics aims to bolster Southeast presence with StaffMasters acquisition
October 4, 2017Hire Dynamics, an Atlanta-based commercial staffing provider, acquired StaffMasters effective Oct. 2. Both firms focus on the Southeastern US.
StaffMasters, headquartered in Charlotte, NC, is a commercial staffing provider with 23 branches and eight on-site locations across North Carolina and South Carolina....
US adds fewer private sector jobs in September than previous month; hurricanes impact hiring
October 4, 2017US private-sector employment rose by 135,000 jobs in September from August, according to the ADP national employment report. But September’s gain fell far short of the 228,000 increase in August, which was revised downward from 237,000.
“In September, small businesses experienced a dip in hiring,”...
Online job ads edge up in September, but The Conference Board is reviewing employment measure
October 4, 2017US online job ads rose by 2,500 in September to more than 4.48 million, according to The Conference Board’s report on online job ads released today. However, the organization noted there has been a declining trend in the number of online job ads that may not reflect the broader trend in the US labor...
US nonmanufacturing activity index accelerates in September at fastest pace in 12 years
October 4, 2017Economic activity in the US nonmanufacturing sector expanded in September at a faster rate than in August, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index rose in September to a reading of 59.8 from August’s reading of 55.3....