Inflation still too high for Fed, exec says

Inflation is still too high for the US central bank to be weighing interest rate cuts, Reuters reported, citing Kansas City Federal Reserve President Jeff Schmid. “With inflation still running above 2% and labor markets still tight, it is appropriate that monetary policy remain restrictive,” Schmid...

TCS revenue growth picks up to 2.2% in Q4, worker files suit

Revenue rose at Tata Consultancy Services Ltd. in its fiscal fourth quarter ended March 31. The pace of growth was down from a year ago but was up when compared to the third quarter. North American revenue at the IT services giant fell. Separately, media reports say the company was sued in by a US worker...

College job outlook dips, but NACE says most employers hiring

A majority of employers plan to either increase hiring or maintain hiring levels for the class of 2024. Approximately a quarter of employers, 24.9%, are planning for an increase in the hiring of new grads from the college class of 2024, and 57.7% are maintaining their hiring levels, according to the National...

Retail hiring rises by 10% amid layoffs: iCIMS

Despite layoffs and flat job openings, retail hiring increased by 10% in March, according to a report by iCims, an applicant tracking system provider. The organization found that full-time retail jobs are in demand, with applications per opening rising 50% year over year in March.

Retail employers are...

Contrary to popular opinion, 64% of Gen Z like or love their jobs

Contrary to popular opinion, a majority of Gen Z says they like of love their jobs, according to a survey by ResumeBuilder.com. It found that 27% of Gen Zers love their job, and 37% like their jobs. That totals 64% who are OK with their jobs.

Only 24% are neutral about their employment, and only 9% indicated...

DOJ settles with staffing firm over document request

A Texas staffing firm reached a settlement with the US Justice Department over claims the staffing firm discriminated against a worker based on his citizenship status, the department announced April 11.

The claim is against Infinity Employment Solutions Inc. The company formerly did business as Express...

People on the move: Hayes Locums, WorldWide HealthStaff, Wipro, Solomon Page, Borderless AI, Coupa

Hayes Locums promoted Josh Ruf as CFO. Ruf joined Hayes Locums in 2017 and initially served as controller before advancing to VP of accounting and finance.

WorldWide HealthStaff Solutions named Laura Messineo as chief nursing officer. Messineo has held several roles in the healthcare industry, most recently...

IT employment ticks up, TechServe points to positive trend

IT employment ticked up in March and there was an increase in tech job postings in the first quarter, organizations are reporting.

The TechServe Alliance reported the US added 800 IT job in March — an increase of 0.02% — for total employment of more than 5.3 million.

“While growth in the last three...

Wage growth returns to 2019 levels: Indeed

US wage growth returned to 2019 levels, according to data from jobs website Indeed. It found national posted wage growth slowed to year over year growth of 3.1% in March, a rate about equal to the average for 2019.

Wage growth is down from 3.3% year over year in February and its recent peak of 9.3% in...

24 Seven acquires marketing/creative staffing firm Filter

Marketing/creative staffing firm 24 Seven acquired Filter, a Seattle-based creative staffing firm that was owned by Dentsu, a large Tokyo-based advertising and public relations firm.

“Together, we can expand the innovative managed services we provide to clients, including embedded teams, on-site agencies,...