US nonmanufacturing activity expands at slightly faster rate; jobless claims rise

Economic activity in the US nonmanufacturing sector expanded in June at a slightly faster pace than in May, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index edged up in June to a reading of 57.4 from May’s reading of 56.9 and...

Judge approves $7.5 million settlement in Uber background-check case (Courthouse News Service)

Courthouse News Service reports US District Judge Edward Chen, despite earlier misgivings about the amount, gave final approval to a $7.5 million class action settlement between human cloud firm Uber and a class of former drivers who claim they were booted from the app based on illegal background checks....

Boom times for recruiters (Bloomberg)

Bloomberg reports the outlook for recruiters is sunny — provided they can find people to recruit. While headhunters can get lofty retainers for executive positions, a 16-year low unemployment rate and a record-high number of job openings are turning workers in industries ranging from construction to...

Investment firm Mitsui to acquire Accountable Healthcare Staffing

Tokyo-based investment firm Mitsui & Co. Ltd. agreed to acquire Accountable Healthcare Staffing, a Boca Raton, Fla.-based healthcare staffing provider that ranks No. 15 on Staffing Industry Analysts’ list of largest healthcare staffing firms in the US.

The transaction is expected to close within...

Adecco CEO calls for G20 to address digitalization, robotization, artificial intelligence

The Adecco Group, the world’s largest staffing firm and a member of Business 20 — the business community of the Group of 20 Finance Ministers and Central Bank Governors, known as the G20 — called on leading and emerging economies to change regulations and education to adapt to the rapidly...

Online job ads fall in June, healthcare and business/finance post largest losses

US online job ads fell by 45,800 in June to approximately 4.76 million, according to The Conference Board’s report on online job ads released today.

The Conference Board’s measure of online job ads is aimed at tracking demand for labor. However, the organization noted there has been a declining trend...

Department of Labor tells court it will revise overtime rule (Bloomberg BNA)

The US Department of Labor told an Appeals Court last week that it plans to revise the overtime rule put in place during the Obama Administration, according to a report in Bloomberg BNA. The agency also asked the court to reaffirm it has the right to determine salary levels for overtime pay. The...

Lyft co-founder on ride-sharing and competition (CBS News)

CBS News correspondent John Blackstone drove in San Francisco with Lyft president and co-founder John Zimmer, who told him the company is “trying to make history by building a new form of transportation.”

ISM manufacturing index hits three-year high

Economic activity in the manufacturing sector expanded in June at the fastest pace in three years, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. June’s index reading was 57.8, up from May’s reading of 54.9.

Any reading above 50% generally indicates...

Temp staffing revenue rose a median 6% in latest Pulse report

In May, US temporary staffing revenue rose a median 6% year over year for the third consecutive month among staffing firms taking part in Staffing Industry Analysts’ monthly pulse survey.

“Temporary staffing continued to grow steadily with most of the segments showing positive trends in revenue and...