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Zenefits settles with California for $7 million

November 30, 2016

Online HR benefits services firm Zenefits reached a settlement with the California Insurance Commission for multiple license violations resulting in a $7 million penalty, Insurance Commissioner Dave Jones announced. The penalty is one of the largest penalties for licensing violations ever assessed in...


Online job ads fall by 115,300 in November, prior month’s gain offset

November 30, 2016

US online job ads fell by 115,300 in November to more than 4.73 million, according to The Conference Board’s report on online job ads. The November loss offsets the gain in October of 116,100 online job ads.

“With a pattern of monthly gains followed by losses, online demand has shown little movement...


Boston area posts lowest jobless rate

November 30, 2016

The Boston-Cambridge-Nashua metropolitan area in Massachusetts and New Hampshire posted the lowest unemployment rate among large metropolitan areas at 2.6% in October, the US Bureau of Labor Statistics announced today.

The highest jobless rate among large metropolitan areas in October was posted by the...


More than half of retail companies will still comply with new overtime rule, survey finds

November 30, 2016

More than half of retail companies, 56%, still plan to comply with the planned Fair Standards Labor Act overtime rule for exempt employees on the date it was to go into effect, despite a Nov. 22 injunction that puts the plan on hold, according to a spot survey of US retailers by the Hay Group division...


ADP shows private employers added 216,000 jobs in November (MarketWatch)

November 30, 2016

Private employers hired far more workers than expected in November, suggesting the pace of hiring picked up after several months of moving sideways, MarketWatch reports. Payroll processor ADP said on Wednesday that 216,000 net new jobs were added in the month, much more than the Econoday consensus of...


Staffing agencies seek to nix revival of Exeter Hospital lawsuit (New Hampshire Union Leader)

November 30, 2016

Staffing agencies are asking a judge to deny Exeter Hospital's request to revive its lawsuit against them where the hospital alleges the staffing firms were at fault for recommending a drug-addicted technician who caused a hepatitis C outbreak, the New Hampshire Union Leader reported. The lawsuit was...


GDP revised upward, fastest pace in two years

November 29, 2016

US real gross domestic product grew at an annual rate of 3.2% in the third quarter, according to the second estimate of GDP growth released today by the US Commerce Department. The new estimate is up from the “advance” estimate, which pegged growth at 2.9%.

In the second quarter, real GDP advanced...


ManpowerGroup finance exec retires

November 29, 2016

ManpowerGroup (NYSE: MAN) announced Michael Van Handel will retire from his role as senior executive VP, effective Feb. 15. His retirement completes a succession process that began near the start of this year, with the appointment of Jack McGinnis as executive VP and CFO.

Van Handel, who has been with...


Monster names new CEO

November 29, 2016

Monster Worldwide Inc. appointed Mark Stoever as CEO, effective Dec. 1. He succeeds Tim Yates, who is departing Monster after serving as CEO for the last two years.

Yates will continue to serve on company boards and be active in private investments.

Stoever joined the company in July 2005...


US hiring managers more cautious on hiring in first half of 2017, survey finds

November 29, 2016

Most US hiring managers are more cautious with hiring plans than in the past two years, according to the annual hiring survey released today by job board operator DHI Group Inc. (NYSE: DHX). While the survey found 56% of hiring managers in the US anticipate more hiring in the first half of 2017 as compared...