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Online job ads fall by 360,200 in February, methodology under review

March 8, 2017

US online job ads fell by 360,200 in February to about 4.5 million, according to The Conference Board’s report on online job ads.

February data incorporates the annual revisions to data. In addition, The Conference Board reported the data series has experienced a declining trend in the number of online...


As US shale oil drilling rebounds, few takers for $80,000 jobs (Bloomberg News)

March 8, 2017

Crude is nowhere near its $100-plus per-barrel highs of recent years, but drillers pounced after it steadily crept back up from the $26 bottom it sank to early last year, Bloomberg News reports. And as they tap more and more new wells, the rebound is spreading quickly, and powerfully, to the oilfield-services...


Feds may stop spouses of H-1B visa holders from working in US (CNNMoney)

March 8, 2017

The Department of Justice filed a brief in the Washington DC court of appeals for a 60-day freeze on a case involving employment authorization for H-4 visa holders. Since 2015, spouses of H-1B visa holders waiting for green cards have been eligible to work in the US on H-4 dependent visas. But CNNMoney...


Increase in Korn Ferry’s fiscal Q3 driven by Hay Group

March 7, 2017

Korn Ferry International Inc. (NYSE: KFY) reported total fee revenue rose 11.0% in its fiscal third quarter ended Jan. 31. It was primarily driven by a 25% increase at Hay Group, which Korn Ferry acquired in December 2015. The increase was 13.3% in constant currency.

Revenue at Korn Ferry’s Futurestep...


BG Staffing revenue falls 4% in Q4

March 7, 2017

BG Staffing Inc. (NYSE MKT: BGSF) reported revenue fell 3.6% in the fourth quarter to $64.3 million. However, gross margin improved at the Plano, Texas-based staffing provider.

(US$ thousands) Q4 2016 Q4 2015  % change
Revenue $64,279 $66,697 -3.6%
Gross profit ...


GOP introduces bill to replace ACA

March 7, 2017

A proposed replacement to the Affordable Care Act that will do away with both employer and individual mandates was released on Monday by House Republicans. The 123-page bill, named the American Health Care Act, also replaces ACA subsidies with tax credits and repeals mandates that individuals purchase...


Average US weekly wage rises 5% in Q3

March 7, 2017

The US average weekly wage rose to $1,027 in the third quarter of 2016, up 5.4% when compared with the same quarter the prior year, the US Bureau of Labor Statistics reported.

California’s Santa Clara County, home to Silicon Valley, again posted the highest average weekly wage among all large US county...


Restrictions on H-1B visas could ‘shut down’ Silicon Valley — Staffing quote of the week

March 7, 2017

“Silicon Valley is mostly people that are not from Silicon Valley, they are from other parts of the world,” Russell Hancock, CEO of Joint Venture Silicon Valley, told KPIX 5. “Fifty percent of our population is coming from some other place in the workforce. So, when you shut that down, you shut...


Uber court victory a win for human cloud platforms (Lexology)

March 7, 2017

A California court granted human cloud, ride-sharing firm Uber a significant victory last week in its ongoing misclassification battle over whether its drivers are properly classified as independent contractors. The ruling received scant attention due to the procedural quirks surrounding the decision...


BelFlex acquires Arkansas staffing firm

March 6, 2017

BelFlex Staffing Network, a light industrial staffing agency, acquired Little Rock, Ark.-based Premier Staffing Inc.

The transaction closed Friday; terms were not disclosed.

Premier Staffing owners Mary and Dwight Segraves retired Friday. Amy Langston has been promoted to regional director and will manage...