Talent scarcity affects three-quarters of businesses

Many businesses struggle with a lack of critical talent, according to the 2016 Talent Trends report released today by Randstad Sourceright.

The report found 72% of HR directors, talent and business leaders surveyed worldwide reported talent scarcity has negatively affected their business, and 45% said...

Recruit to launch tender offer for USG

Recruit Holdings Co. Ltd. will launch a tender offer for all issued ordinary shares of Dutch staffing firm USG People NV, its board of directors decided at a meeting held Friday.

The share acquisition is scheduled from April to June 2016.

The offer will be made through Recruit’s subsidiary to be...

VMS provider IQNavigator rolls out rebranding as part of three-year plan

IQNavigator is rolling out its new IQN brand as it enters the third year of what executives say is a three-year reimagining of the company, which ranks as one of the larger vendor management system providers.

The company will go by both IQN and IQNavigator, although its website is now www.iqn.com and...

P2P Staffing revenue rises 57% in Q4

P2P Staffing Corp., a professional staffing company based in Fort Lauderdale, Fla., reported fourth-quarter revenue rose 56.7% year over year to $61.7 million from $39.3 million in the fourth quarter of last year.

For the full-year 2015, the company reported revenue rose 32.5% to $204 million from $154...

Mortgage industry jobs fall in Q3 but up over year

Mortgage industry employment decreased in the third quarter on a sequential basis, fueled by layoffs, according to an index released by Mortgage Daily. However, mortgage industry employment increased year over year compared to the third quarter of 2014.

The largest home lender, Wells Fargo, had the biggest...

Roth Staffing promotes Adam Roth to CEO

Roth Staffing Companies, a privately held firm headquartered in Orange, Calif., promoted President and COO Adam Roth to the CEO role, effective Jan. 14. He replaces his father, company founder Ben Roth, who remains with the firm as executive chairman.

Adam Roth is the second CEO in the organization’s...

Median earnings of US workers up 3.3% in Q4

Median weekly earnings of US full-time wage and salary workers rose 3.3% year over year in the fourth quarter to $825 (not seasonally adjusted), the US Bureau of Labor Statistics announced today.

Women who usually worked full time had median weekly earnings of $729, or 80.4% of the $907 median for men,...

US leading index suggests moderate growth

The Conference Board’s US leading economic index edged down in December but continues to suggest moderate growth in the near-term. The index fell 0.2% in December to a reading of 123.7 (2010 = 100), following increases of 0.5% in both November and October.

“The US [leading economic index] fell slightly...

This year’s engineering grads to post highest salary at $64,891

Engineering majors are projected to post the highest starting salary, at $64,891, among graduates of the class of 2016, according to salary survey data released by the National Association of Colleges and Employers. This is up 3% from the average salary projection of $62,998 for engineering graduates...

Lack of experience main obstacle for unemployed job seekers

Unemployed US adults seeking work report lack of experience as the main obstacle preventing them from finding a job, according to the results of an American Staffing Association Workforce Monitor survey. The survey found 40% of unemployed US adults (excluding retirees) are currently looking for work....