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Compromise in the air over New Hampshire temp workers’ rights bill — Web

February 17, 2016

The New Hampshire Business Review reports Nicole Horan, representing the staffing industry, and Judith Stadtman, who works for the AFL-CIO, agreed at a Tuesday public hearing to work together to rewrite a Senate bill that addresses the rights of temporary workers.


General Employment shifting to professional, acquisitions boost revenue

February 16, 2016

Revenue jumped at General Employment Enterprises Inc.’s (NYSE MKT: JOB) fiscal first quarter ended Dec. 31 thanks to acquisitions. The Naperville, Ill.-based staffing provider also announced professional staffing revenue (both temporary and direct hire) now represents 66% of total revenue, up from...


Executive Forum: Opportunities in the workforce ecosystem

February 16, 2016

When it comes to finding and engaging talent, staffing (temporary staffing along with place and search) are just one part of a larger “ecosystem” of workforce solutions identified by Staffing Industry Analysts in a report last year.

Other parts of the ecosystem include talent acquisition technology,...


IT jobs still outperform despite deceleration, TechServe Alliance reports

February 16, 2016

The number of IT jobs in the US edged up 0.2% in January from December to almost 5.1 million, reported TechServe Alliance, an association of IT and engineering staffing companies. Year-over-year IT employment in the US rose by 4.0% in January.

“As we begin 2016, the rate of IT job growth continued to...


Labor Smart reviews sale of branches

February 16, 2016

Labor Smart (OTCBB: LTNC), an industrial staffing provider, is exploring the sale of six of its branch locations to The Staffing Group Ltd. (OTCBB: TSGL) and received several acquisition inquiries following the disclosure on Friday.

The Staffing Group, headquartered in Kennesaw, Ga., provides temporary...


Gig economy ambiguity — Staffing quote of the week

February 16, 2016

“Right now, there’s too much ambiguity,” Fortune quoted Seth Harris, an attorney and former acting labor secretary who teaches employment policy at Cornell’s School of Labor & Industrial Relations, in a story on gig economy employee classification. “Neither side knows what its legal rights...


Insperity revenue rises 9% in Q4, gross margin narrows

February 12, 2016

Professional employer organization Insperity Inc. (NYSE: NSP) reported revenue rose 9.1% in the fourth quarter to $650.0 million.

The average number of worksite employees paid per month in the quarter rose 12.0% year over year. Worksite employees paid from new client sales increased 25% from the fourth...


Barrett says investigation found no illegal act

February 12, 2016

Barrett Business Services Inc. (NASD: BBSI) announced it received a favorable outcome from the independent investigation it launched in November 2015. The Vancouver, Wash.-based provider of staffing and PEO services separately said it expects to report fourth-quarter net revenue rose 11%.

Law firm Stoll...


Staffing 360 names CFO

February 12, 2016

Staffing 360 Solutions Inc. (NASD: STAF) named David Faiman as its new chief financial officer, effective March 7. He will be based at the firm’s New York headquarters.

CEO Brendan Flood has been serving as CFO since Jeff Mitchell’s resignation in September.

Faiman has more than 20 years of finance...


Economists lower GDP estimate for 2016

February 12, 2016

Forecasters revised down their estimate for growth in US gross domestic product in the first quarter survey of professional forecasters released today by the Federal Reserve Bank of Philadelphia.

GDP is expected to grow 2.1% in 2016. This is down from a projection made by forecasters in last quarter’s...