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TSR revenue slips as clerical/administrative contractors decline

April 16, 2024

TSR Inc. (NASDAQ: TSRI), a provider of IT and other staffing, reported revenue fell amid a decrease in the number of clerical and administrative contractors on billing with customers. The Hauppauge, New York-based firm said revenue of $19.7 million was down 18.8% year over year in its fiscal third quarter...


Over half spend $10,000 or more to fill jobs requiring AI skills

April 16, 2024

More than half of companies, 52%, spend at least $10,000 to fill roles that require AI skills, according to a report by tech training provider General Assembly, a part of The Adecco Group.

The report also found 69% say it’s more challenging to hire people with adequate AI skills compared to those in...


Staffing hours roughly stable amid spring break: SIA | Bullhorn Staffing Indicator

April 16, 2024

US temp staffing hours slipped 1.3% in the week ended April 6 and were down year over year, according to the latest SIA | Bullhorn Staffing Indicator report. Commercial staffing hours fell 1.2% week over week, while professional staffing hours fell 1.5%.

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Workers’ median weekly earnings rise to $1,139

April 16, 2024

Full-time US wage and salary workers’ median weekly earnings rose 3.5% year over year to $1,139 in the first quarter (not seasonally adjusted), the US Bureau of Labor Statistics reported today.

Here are looks at median wage by categories:

  • Women had median weekly earnings of $1,021, or 83.2% of...


Nominations continue to be accepted for 40 Under 40

April 16, 2024

Nominations are continuing to be accepted for SIA’s 2024 40 Under 40 recognition list through April 26.

The list honors the achievements, ambition and influence of up-and-coming staffing professionals who are taking the industry to the next level. The list is not a ranking but a contemporary look at...


Corrected: PageGroup gross profit down 12.8% in Q1 as market slows

April 15, 2024

(A version of an email subject line showed an incorrect figure for gross profit. The correct figure is a decline of 12.8%) 

PageGroup plc announced that gross profit fell 12.8% to £219.7 million (US$277.8 million) on a constant currency basis. The slowdown PageGroup saw at the end of the fourth...


Caldwell Q2 hit by ‘softness’ in bookings, sees improvement ahead

April 15, 2024

The Caldwell Partners Inc. (TSX:CWL) said it’s currently seeing an increase in executive search bookings, but a difficult market in its fiscal first quarter affected its fiscal second quarter ended Feb. 29. Revenue fell 17.2% year over year at the Toronto-based firm in the second quarter to C$17.9...


Vangst acquires temp staffing division of CannabizTeam

April 15, 2024

Vangst, a Denver-based staffing platform specializing in the cannabis industry, acquired CannabizTemp, the temporary staffing division of CannabizTeam, a cannabis-focused executive search firm based in San Diego.

The deal, which closed on April 10, comprises a 50% cash and 50% stock transaction and marks...


The Ōnin Group promotes exec to CEO, initiates ESOP

April 15, 2024

The Ōnin Group promoted Jim Weaver to CEO and announced the initiation of an employee stock ownership plan, or ESOP.

Weaver previously was chief operating officer at the Birmingham, Alabama-based staffing firm. He joined the company 23 years ago as an out-of-work musician seeking a warehouse position....


The demise of DE&I is greatly exaggerated

April 15, 2024

Diversity delivers proven benefits to business and individuals, but DE&I has come under pressure in some corners following the June 2023 Supreme Court decision overturning racially focused admission policies at universities. Some politicians have also attacked DE&I. But what can businesses do...