US GDP revised up for second quarter to 3.1% growth

US real gross domestic product grew at an annual rate of 3.1% in the second quarter, according to the third estimate of GDP growth released today by the US Commerce Department. The new estimate is up from the previous estimate that pegged growth at 3.0%.

In the first quarter, real GDP advanced 1.2%.

The...

Heidrick buying Danish search and leadership consulting firm in $8.4 million deal

Heidrick & Struggles International Inc. (NASD: HSII), a Chicago-based executive search and leadership consulting firm, struck a deal to acquire Amrop Denmark, a Copenhagen-based provider of executive search and leadership consulting.

The deal is estimated at $8.4 million, according to a filing with...

CareerBuilder lays off 4% of workforce

CareerBuilder on Wednesday laid off 120 employees, or 4% of its global workforce. The report follows CareerBuilder’s acquisition by an investment group last month.

“This was a difficult decision,” CareerBuilder CEO Matt Ferguson said in a statement. “Our employees are the heart of our business.”...

Tech contractors in San Francisco lead with $103 per hour average rate, Hired study says

Tech contractors can find the highest average hourly rates in San Francisco Bay Area at $103 an hour, according to one finding in a new “State of Contract Work” study by Hired. Seattle tech contractors followed at $97 per hour.

Hired, a San Francisco-based online platform that matches tech workers...

Jobless claims average up 9,000; hurricanes blow initial claims above forecast

The US four-week moving average of initial claims for unemployment insurance rose to 277,750 last week, up 9,000 from the previous week’s unrevised average, according to seasonally adjusted numbers released today by the US Department of Labor. This is the highest level for this average since Feb. 6,...

Canadian recycling plant to pay C$1.3 million for wage violations (The Star)

The Toronto Star newspaper reported Canada Fibers Ltd., which operates a recycling plant serving the city of Toronto, will pay C$1.33 million (US$1.07 million) in fines and back pay to workers for violating the city’s fair wage policy. Most of the workers were agency temp workers; the company will...

Find potential barriers within your contingent workforce program (CWS 3.0)

Some challenges are healthy and much needed to help move the industry forward. However, other challenges programs face are actual barriers to success and often are self-inflicted in the form of policies, procedures and culture. In a new CWS 3.0 article, Frank Enriquez, CCWP, Staffing Industry Analysts'...

Correction

An initial article in Wednesday’s Staffing Industry Daily News described an older version of Illinois bill 690. The article has been corrected.

Corrected: Illinois governor signs bill covering temp workers

Illinois Gov. Bruce Rauner on Friday signed into law HB 690, legislation that aims to add protections for temporary workers.

The law requires staffing firms that provide transportation for workers to workplaces to provide return transportation unless a temporary worker advises that he or she will obtain...

Target to have $15 per hour minimum wage by end of 2020

Retailer Target Corporation said it will raise its hourly minimum wage to $15 per hour by the end of 2020.

Target will take a step toward the $15 per hour level starting next month when it raises its minimum wage $11 from $10 for all its US stores. This increase will also apply to the more than 100,000...