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GDP estimate down to 1.5% for third quarter

October 29, 2015

US real GDP rose in the third quarter at an annual rate of 1.5%, according to an “advance” estimate issued by the US Bureau of Economic Analysis. It’s below the consensus forecast for 1.7%, and follows an increase of 3.9% in the second quarter.

“The economy is in better shape than captured in...


Canadian salaries to rise 2.6% next year

October 29, 2015

Canadian organizations plan another year of moderate base salary increases for 2016, according to The Conference Board of Canada’s Compensation Planning Outlook 2016 report released today. The average base salary increase for non-unionized workers is expected to be 2.6% next year, with the lowest increases...


Ciber’s Q3 revenue down 1% in constant currency on UK decline

October 29, 2015

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) reported third-quarter revenue fell 9% to $192.6 million. Revenue fell 1% on a constant currency basis at the Greenwood Village, Colo.-based firm. Fluctuations in European currencies versus the US dollar continue to impact Ciber’s 2015 results....


Amazon drivers sue claiming misclassification — Web

October 29, 2015

PCWorld reports Amazon.com has been sued by four delivery drivers in California. The suit alleges the company misclassified its workers as contractors rather than as employees with full benefits.


Barrett revenue up 14% in Q3

October 28, 2015

Third-quarter net revenue rose 13.9% at Barrett Business Services Inc. (NASD: BBSI). Net income at the Vancouver, Wash.-based provider of staffing and PEO services was $11.6 million, up from a net loss of $37.8 million in the year-ago quarter when the firm recorded an $80.0 million increase to its self-insured...


Mastech Q3 revenue rises 21% with help from IT acquisition

October 28, 2015

Third-quarter revenue rose 20.7% at IT staffing provider Mastech Holdings Inc. (NYSE MKT: MHH) to $34.63 million. Gross margin also improved.

The company reported demand for its staffing services was up from the previous quarter as it worked Hudson IT client activity for the first full quarter since its...


Performance reviews can have negative impact, TriNet survey finds

October 28, 2015

Performance reviews negatively impact productivity, morale and talent retention, according to a survey released by PEO services provider TriNet Group Inc. (NYSE: TNET). This is especially true with the younger workforce; the survey found performance reviews drive one in four millennials to search for...


ADP reports PEO revenue up 18%, drops Zenefits lawsuit

October 28, 2015

PEO revenue rose 18% at ADP (NASD: ADP) in the company’s 2016 fiscal first quarter ended Sept. 30. Average worksite employees paid by PEO services rose 13% for the quarter to approximately 389,000.

The PEO services segment margin increased approximately 130 basis points compared to the same period in...


Snack food company, staffing providers to pay more than $2.1 million

October 28, 2015

J&J Snack Foods Corp. and its two staffing providers will pay more than $2.1 million in back wages and liquidated damages to 677 workers following two federal investigations, the US Department of Labor announced.

One investigation found 465 workers at J&J’s Swedesboro, N.J., facility — provided...


St. Paul/Bloomington and Salt Lake City post lowest jobless rates

October 28, 2015

The St. Paul-Bloomington, Minn., and Salt Lake City areas had the lowest unemployment rate in September — both at 3.1% — among US metropolitan areas with populations of 1 million or more, according to the US Bureau of Labor Statistics.

The Las Vegas-Henderson-Paradise, Nev., metropolitan area posted...