Court temporarily blocks new overtime rule set for Dec. 1

A federal judge on Tuesday temporarily blocked the Department of Labor rule that would have increased the number of workers owed overtime by raising the salary exemption under which white collar employees are owed overtime to $47,892 per year effective Dec. 1 from the current level of $23,660. The rule...

FTC report: Sharing economy stirs debate over regulations

The rapid growth of some sharing economy platforms has stirred considerable debate over the application of state and local regulation to these platforms and their users, according to a staff report released by the Federal Trade Commission.

Regulatory measures may be needed to protect consumers, promote...

Jobless claims average down 2,000 but initial claims jump

The US four-week moving average of initial claims for unemployment insurance fell to 251,000 last week, down 2,000 from the previous week’s average, according to seasonally adjusted numbers released today by the US Department of Labor. The previous week’s average was revised downward by 500.

The four-week...

Mexico economy posts fastest quarterly growth in two years (Reuters)

Reuters reports Mexico’s economy posted its fastest growth in more than two years as services picked up by the most since 2011 even as industrial output was sluggish, official data showed on Wednesday. Gross domestic product grew by 1.0% in the third quarter compared with the prior quarter, according...

The 10 companies hiring the most 2016 college graduates (Forbes)

Large, traditional companies may not generate the buzz of today’s growing technology firms, but their hiring numbers are something to get excited about, Forbes reports. Among recent college grads, they dominate the hiring landscape. To shed light on hiring trends, LinkedIn looked at millions of member...

People: ZRG, RiseSmart, Insperity, Charles Sterling

Executive search firm ZRG Partners announced Sharon Stein has joined the firm as a managing director and a member of the firm’s financial services, private equity and consumer practices. For the past 10 years she has served as the founder and president of a boutique retained search firm. Stein will...

Next North American Daily News on Monday

The next issue of the North American Staffing Industry Daily News will publish on Monday because of the upcoming holiday. Have a happy Thanksgiving!

Staffing firms largely dissatisfied with VMS, report says

Staffing firms are largely dissatisfied with vendor management systems, according to research released by Bullhorn and Inavero.

Three-quarters of the survey participants, 76%, receive orders and submit candidates through a VMS and VMS represented more than 30% of revenue for firms participating in the...

Survey finds leadership development is priority but concern over strategy

The largest percentage of US respondents in a global study by the Hay Group division of Korn Ferry (NYSE: KFY) said their most important leadership development priority was developing leaders to drive strategic change. However, only 17% said they were confident they had the right leadership capabilities...

Deadline to provide ACA forms to employees extended

The US Internal Revenue Service on Nov. 18 extended the due date for furnishing forms to employees and individuals covered under the Affordable Care Act. The notice extends the due date for furnishing the 2016 Form 1095-B and the 2016 Form 1095-C to March 2, 2017 from Jan. 31, 2017.

The deadline for filing...