US manufacturing activity expands at faster rate in May than April

Economic activity in the manufacturing sector expanded in May at a slightly faster past than April, according to the Institute for Supply Management’s purchasing managers index for US manufacturing, released today. May’s index reading was 54.9, up from April’s reading of 54.8.

Any reading above...

Uber reports net loss narrows to $708 million in Q1 (Reuters)

Human cloud ride-sharing firm Uber said its net loss, excluding employee stock compensation and other items, narrowed to $708 million in the first quarter from $991 million in the fourth quarter, Reuters reported. Reuters reports Uber also announced its head of finance, Gautam Gupta, is leaving the human...

Jobseeker satisfaction? Don’t forget temps (Staffing Industry Review)

Organizations dedicate significant resources to address jobseeker satisfaction for direct hires, Chris Benson wrote in Staffing Industry Review’s Online Showcase. However, very few transfer this strategic initiative over to their contingent programs. Benson is senior VP, strategic account portfolio,...

World --Global staffing revenue hits $428 billion in 2016

The staffing industry generated $428 billion in revenue worldwide in 2016, according to the “Global Staffing Industry Market Estimates and Forecast: May 2017 Update” released by Staffing Industry Analysts. Three countries — the US, Japan and the UK — made up a majority of the revenue.

Temporary...

TSR rejects buyout; IT staffing provider seeks to remain independent

IT staffing provider TSR Inc. (NASD: TSRI) announced yesterday that it will not pursue a proposal from shareholder Zeff Capital LP to acquire all outstanding shares of the company’s common stock.

Zeff Capital owns approximately 7.2% of TSR’s issued and outstanding common stock as of May 18. Earlier...

Online job ads rise in May, healthcare and technical post largest gain

US online job ads rose by 195,600 in May to approximately 4.81 million, according to The Conference Board’s report on online job ads.

Healthcare practitioners and technical ads posted the largest gain, rising by 46,400 to a total of 642,400, followed by sales and related ads, which rose by 31,800 to...

Alberta, Saskatchewan to be Canada’s fastest-growing economies

Alberta and Saskatchewan are expected to emerge out of recession and lead the provinces in economic growth this year, according to The Conference Board of Canada’s Provincial Outlook: Spring 2017. British Columbia is forecast to see growth ease this year, but the province will still tie with Saskatchewan...

Recruit invests in payment and HR system for restaurants

Recruit Holdings Co., one of the world’s largest staffing firms, acquired a portion of the shares issued by TouchBistro Inc., headquartered in Toronto.

The company manufactures, sells and supports TouchBistro, a mobile point of sale system equipped with various work support functions for restaurants....

Word of the week: Human cloud

The “human cloud” is an emerging set of work intermediation models that enable work arrangements of various kinds to be established and completed (including payment of workers) entirely through a digital/online platform.

This is the definition of human cloud, according to SIA’s online lexicon of...

Uber fires self-driving car guru (Wired)

Uber, one of the largest human cloud firms, yesterday fired Anthony Levandowski, Wired reported. Levandowski is the engineer at the center of Uber’s legal battle with Waymo, Google’s self-driving car company. Uber said Levandowski failed to cooperate with the company’s internal investigation...