Daily News
LinkedIn’s strategy to grow talent solutions (The Motley Fool)
June 10, 2016Talent solutions generated almost 65% of LinkedIn Corp.’s (NYSE: LNKD) sales last quarter, and almost three-quarters of its revenue growth. The Motley Fool reports on opportunities for the segment, and the factors to help drive its growth, as discussed by CEO Jeff Weiner during LinkedIn's April earnings...
Oil companies may face worker shortage (Oilprice.com)
June 10, 2016The oil industry could face a growing shortage of skilled workers, Oilprice.com reports. The industry has rapidly shed workers — more than 350,000 people laid off in the oil and gas industry worldwide — and will struggle to replace them in the months and years ahead.
Volt revenue falls 13% in fiscal Q2
June 9, 2016Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 12.9% in its fiscal second quarter ended May 1.
The New York-based IT and engineering staffing and MSP provider completed a sale-leaseback transaction for its office facility in Orange, Calif., during the second quarter, and also...
Michael Page changes name to PageGroup
June 9, 2016Michael Page International plc, a London-based professional staffing firm, announced shareholders at its annual general meeting held earlier today voted in favor of the company changing its name to PageGroup plc. The company's trading symbol on the London stock exchange will change to PAGE.
The company...
Jobless claims average down 7,500, initial claims also fall
June 9, 2016The US four-week moving average of initial claims for unemployment insurance fell to 269,500 last week, down 7,500 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 slightly upward by 250....
Gross margins rise at IT, engineering staffing firms, TechServe report finds
June 9, 2016Gross margins at IT and engineering staffing firms rose 70 basis points year over year on a surge in perm placement revenue, according to the 2016 TechServe Alliance Operating Practices Report. The median IT and engineering staffing firm saw gross margins increase to 26.4%.
The increase was more substantial...
Job search activity up for Fortune 100, mid-market employees
June 9, 2016Overall Fortune 100 and middle-market job search activity increased in the first quarter, according to Hudson’s Q1 2016 Job Seeker Pulse report, which analyzes the online job search activity of Fortune 100 and middle-market company employees. However, the report found when comparing both market segments...
Chicago, South Florida firms report fewer open positions for IT and accounting/finance, but hiring outlook remains strong
June 9, 2016Human resources professionals and hiring managers in the greater Chicago and south Florida markets report fewer unfilled accounting, finance and IT positions compared with the previous quarter, according to the third-quarter accounting, finance and IT hiring forecast study conducted by staffing provider...
Uber fined $900,000 in France, execs also fined (Reuters)
June 9, 2016A French court fined Uber Technologies $907,000 on Thursday for running an illegal transport service with non-professional drivers and imposed smaller fines on two of its executives in the first such criminal case in Europe, Reuters reports. The Uber POP service connected clients via a smartphone app...
CrowdFlower gets $10 million in funding (SiliconANGLE)
June 9, 2016CrowdFlower, a crowd-sourcing platform provider in the online staffing space, raised $10 million in a funding round that included Canvas Ventures, Trinity Ventures, and Microsoft Corp., SiliconANGLE reports. Microsoft’s interest in the company is also notable given the ever-growing trend toward building...