Clarification regarding charges against BDO over staffing firm’s audits

In clarification to the headline of an article that ran in yesterday’s Staffing Industry Daily News, national audit firm BDO USA, which faced charges from the US Securities and Exchange Commission, was not the auditor of General Employment Enterprises when the charges were announced yesterday. However,...

Jobless claims average edges up, total claims fall by 6,000

The US four-week moving average of initial claims for unemployment insurance edged up by 500 last week to a total of 275,750 from the previous week’s downwardly revised average, according to seasonally adjusted numbers released today by the US Department of Labor.

The four-week moving average decreases...

SEC files charges against General Employment auditor, executives

The US Securities and Exchange Commission today charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of  General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing...

Korn Ferry fee revenue up 13% in constant currency in fiscal Q1

Korn Ferry International (NYSE: KFY) reported fee revenue rose 6.4% — or 12.9% on a constant currency basis — to $267.4 million in its fiscal first quarter ended July 31. Fee revenue growth at the executive search and talent consulting provider came in near the top end of its guidance of $258 million...

Labor Department says no Infosys violations in H1-B case

IT services firm Infosys Ltd. (NYSE: INFY) reported the US Department of Labor concluded its investigation of labor condition applications at a Southern California Edison plant and found no violations. Infosys reported more than 145 files were reviewed; the company also said it fully cooperated with...

Former On Assignment exec joins SThree US operations as president

Specialist Staffing Solutions Inc., the US division of SThree Plc UK targeting STEM markets, appointed Emmett McGrath as president of Real Staffing USA and executive VP of Specialist Staffing Solutions Inc., new positions within the firm. He will also join both the USA board and the global SThree Plc...

Luxembourg prime minister visits CTG

CTG (NASD: CTG), a Buffalo, NY-based staffing provider, announced Xavier Bettel, prime minister of Luxembourg and minister for communications and media, visited the CTG Delivery Centre Business and Operation Support in Luxembourg on Sept. 3. The visit was a continuation of discussions between CTG senior...

US job openings at highest since 2000, but hiring down

The number of US job openings in July rose 8.1% from June to almost 5.8 million, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. July had the highest level of job openings since the series began in December 2000. However, the number of hires edged down.

Job...

Report lists largest global staffing firms; top firms hold on

Adecco retains its position as the world’s largest staffing firm, followed by Randstad and then ManpowerGroup (NYSE: MAN), the same order as last year, according to the newly released list of largest global staffing firms by Staffing Industry Analysts. The top three firms have a 16% market share, also...

Meet the Global Power 100 Women in Staffing – Blog

For the first time, we are releasing the Global Power 100 Women in Staffing List. To read more, see the blog post by Subadhra Sriram, publisher and editor of new media products.