Fourth-quarter GDP growth for US gets upward revision

US real gross domestic product grew at an annual rate of 2.1% in the fourth quarter in a third estimate released today, according to the US Commerce Department. The new estimate is slightly up from the second estimate of 1.9%.

In the third quarter, real GDP increased 3.5%.

Real GDP grew faster than the...

Cortech acquires industrial and office/clerical staffing provider Caliper

Staffing provider CorTech International acquired the assets of Caliper Family of Companies, an industrial and clerical staffing business based in Virginia Beach, Va.

The transaction closed March 29; terms were not disclosed. David Hodgson will remain with the firm as a VP and run the Caliper brand, which...

MAU Workforce Solutions to acquire Atlanta staffing firm FutureStaff

MAU Workforce Solutions intends to acquire Atlanta-based staffing provider FutureStaff. The transaction, which is scheduled to close May 1, expands MAU’s footprint to the Atlanta market and lays a broader strategic foundation for expansion across the US and in global markets.

The terms of the transaction...

Thumbtack names former Google exec to leadership team

Human cloud firm Thumbtack appointed Justin Angsuwat as its new VP of people, effective immediately. He joins the online staffing platform from Google, where he was a member of the people operations leadership team, most recently as the head of human resources at Google for its go-to-market functions....

City to stop using staffing firms (The Star)

In a first across Ontario, Brantford City Council will stop using temporary help agencies in a bid to encourage employers to do the same, The Star reports. The ban, unanimously approved on Tuesday evening, is believed to be the first of its kind in Ontario and will prohibit the city council from hiring...

H-1B lottery upheld (JD Supra Business Advisor)

A few weeks before H-1Bs will be filed subject to a random lottery, an Oregon judge dismissed a lawsuit challenging the H-1B lottery system, granting summary judgment to United States Citizenship and Immigration Services, Ceridwen Koski of Ogletree, Deakins, Nash, Smoak & Stewart PC writes in JD...

Paychex revenue up 6%

Paychex Inc. (NASD: PAYX) reported revenue rose 6% in its fiscal third quarter ended Feb. 28. The Rochester, NY-based firm, which provides payroll processing, professional employer organization services and other services, reported net income rose 12% in the fiscal third quarter.

The company reports PEO...

World Employment Confederation: Employment industry reached euro 417 billion

The employment industry reached euro 417 billion (US$455.6 billion) in global revenue and helped 50 million people find work in 2015, according to the World Employment Confederation’s annual report on global private employment agencies. The WEC is an organization that represents the staffing industry...

Witt/Kieffer appoints CEO

Witt/Kieffer, an executive search firm headquartered in an Oak Brook, Ill., appointed Andrew Chastain as CEO, effective July 1, 2017. He succeeds Charles “Chuck” Wardell III, who has served as CEO since 2011 and will remain in his position until June 30. Afterward, Wardell will serve as a senior...

Canadian employment services revenue almost flat at C$13 billion in 2015

Operating revenue for Canada’s employment services industry group was almost unchanged at C$13.3 billion (US$9.6 billion) in 2015, down only 0.3% from 2014, according to the latest data released today by Statistics Canada. The group consists of establishments primarily engaged in permanent placement,...