The Adecco Group’s largest business unit drives Q4 growth

Revenue at The Adecco Group edged up in the fourth quarter with growth coming from its Adecco business unit, which provides staffing and outsourcing globally and is the company’s largest business unit. The Adecco Group’s two other business units, Akkodis and LHH, saw revenue slip, though there were...

PEO revenue fuels growth at Barrett Business Services

Professional employer organization services revenue drove growth at Barrett Business Services Inc. (NASDAQ: BBSI) in the fourth quarter. The Vancouver, Washington-based PEO and staffing provider saw staffing revenue slip.

Total revenue at Barrett rose 1.7% to $276.7 million.

PEO services revenue rose 4.6%...

Active Staffing acquires Michigan-based OnStaff USA

Active Staffing has acquired OnStaff USA, a provider of industrial and office/clerical staffing based in Portage, Michigan, with seven other locations in the state.

The deal will help OnStaff and Active Staffing expand to new geographies, Active Staffing CEO Benjamin Elzweig said in a call with SIA.

“They...

Generative AI among top trends to impact staffing this year

Generative AI ranks as one of the biggest trends affecting the staffing industry in 2024, and research by SIA found that experts, on average, forecast 39% of recruiting activities will be replaced in AI within the next three years. Generative AI is also a topic at the upcoming Executive Forum North America....

First Advantage Corp. acquires Sterling Check Corp.

First Advantage Corp., an Atlanta-based provider of employment background screening, acquired Sterling Check Corp., a background screening provider based in Independence, Ohio, in a deal valued at approximately $2.2 billion in cash and stock, including Sterling’s outstanding debt.

The acquisition comprises...

US initial jobless claims higher than expected

US initial jobless claims rose by 13,000 in the week ended Feb. 24 to a total of 215,000, the US Department of Labor reported today. The previous week’s level was revised upward by 1,000.

However, The Associated Press noted that layoffs remain historically low even as more high-profile companies have...

Iowa House backs travel nurse pay cap amid concerns

The Iowa House of Representatives voted to set pay limits for temporary nursing staff working in Iowa hospitals and nursing homes. The bill was passed on an 80-17 vote, according to legislative records.

The legislation, Iowa House file 2391, would prohibit healthcare staffing firms from charging more...

Half of temps worked remotely in 2023

Half of temporary workers say they worked remotely at least some of the time in 2023, according to a new report by Staffing Industry Analysts. However, some occupations with the highest use of remote work have seen it decline, while some segments with least use have seen it increase.

The North America...

GDP growth gets small downgrade in second estimate

US real gross domestic product grew at an annual rate of 3.2% in the fourth quarter, according to a second estimate released today by the US Bureau of Economic Analysts. The second estimate is lower than the 3.3% in the advance estimate. GDP had grown 4.9% in the third quarter.

Today’s GDP estimate...

Deel says Zavvy acquisition will expand global HR offerings

Deel, a global employer-of-record platform based in San Francisco, acquired Zavvy, a Munich, Germany-based firm that provides an AI-powered platform that automates Slack and Teams messages for onboarding and preboarding; the firm also facilitates training, engagement surveys and employee self-evaluations....