100,000 oil jobs could be coming back (CNN)

Goldman Sachs believes the American oil industry is about to stage a big comeback from the painful downturn and big job losses caused by oversupply, CNN reports. Cheap oil eliminated nearly 170,000 oil and gas jobs since late 2014 as companies scrambled to cut costs and avoid bankruptcy. That means just...

MDstaffers acquires Hawaii-based physician staffing firm

MDstaffers acquired LAM and Associates, a Hawaii-based staffing company specializing in physician search.  

The transaction closed July 6; terms were not disclosed.

LAM and Associates serves 800 clients and provides 13,000 physicians. The brand will remain for at least the next year. Pat Lambrect,...

People: Randstad, Agile-1, Advanced Resources, Execu|Search, DRI and more

Randstad US announced Linda Perneau, COO of Randstad’s commercial staffing business, will oversee its new non-clinical healthcare staffing service. The new practice will provide administrative support in hospitals and large primary care systems with centralized back-office structures as well as revenue...

Hays reports net fee income up 12% in quarter

Net fees at UK-based global staffing firm Hays plc rose 12% in the company’s fiscal fourth quarter ended June 30, the company reported in an update released today. On a like-for-like basis — which represents organic growth at constant currency — net fees rose 8%.

The strongest growth was in continental...

Barrett names former insurance exec as CFO

Barrett Business Services Inc. (NASD: BBSI), a provider of staffing and professional employer organization services, appointed Gary Kramer as CFO, effective Aug. 10. Following a transition period, he will also serve as the company’s principal accounting officer.

Kramer succeeds interim CFO Tom Carley,...

Noor Staffing Group acquires The Legal Group

SearchPointNY, a subsidiary of Noor Staffing Group LLC, acquired The Legal Group Inc., a Florida-based recruiting and staffing firm targeting the legal and professional services industries. 

The transaction widens Noor Staffing’s national depth and breadth and expands The Legal Group’s service...

Beige Book: Stable labor market, modest employment growth

Labor market conditions remained stable from mid-May through the end of June, according to the Federal Reserve’s Beige Book report released Wednesday. Employment continued to grow modestly since the previous report and wage pressures remained modest to moderate.

The Beige Book, a collection of observations...

Tata revenue rises 8% in US dollars

Tata Consultancy Services' revenue rose 8.1% year over year to $4.36 billion in its fiscal first quarter ended June 30, the IT services company reported in US dollars. Net income also rose, up 4.7% to $940 million.

Jobless claims, index point to sustained economic strength (Reuters)

The number of Americans filing for unemployment benefits unexpectedly held steady near a 43-year low last week, pointing to further momentum in the labor market after job growth surged in June, Reuters reports. Another report, the US Bureau of Labor Statistics’ producer price index, showed producer...

IT job growth outpaces overall workforce despite deceleration

The number of IT jobs in the US edged up 0.2% in June from May to more than 5.1 million, and the year-over-year increase was 3.7%, reported TechServe Alliance, an association of IT and engineering staffing companies.

“Despite the deceleration, the growth rate for IT employment on a year-over-year basis...