Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

North Dakota, Vermont post lowest jobless rates in March

April 19, 2019

North Dakota and Vermont posted the lowest jobless rates among all states in March at 2.3% each, the US Bureau of Labor Statistics announced today. Alaska had the highest unemployment rate in March at 6.5%.

The BLS noted six states had decreases in jobless rates during March from the previous month. The...


Canada adds 13,200 jobs in March; manufacturing posts strongest gains in a year: ADP

April 19, 2019

Canadian employment rose by 13,200 jobs in March from February, according to the ADP Canada national employment report released Thursday.

The February total of jobs added was revised down from a gain of 36,200 to a loss of 21,200 jobs.

“We saw modest gains in the month of March,” said Ahu Yildirmaz,...


People: Cejka Executive Search, AMN Healthcare, 70 Million Jobs, StaffBot

April 19, 2019

Cejka Executive Search promoted Paul Esselman to president from senior executive VP. The healthcare executive search firm is a division of Cross Country Healthcare Inc. (NASD: CCRN). Esselman has more than 20 years of experience in healthcare executive search.

AMN Healthcare Services Inc. (NYSE:...


ManpowerGroup Q1 revenue falls 2% in constant currency, gross margin holds steady

April 18, 2019

First-quarter revenue fell 8.6% at ManpowerGroup Inc. (NYSE: MAN). Revenue was down 2.2% on a constant currency basis. Chairman and CEO Jonas Prising cited a slow global growth environment. However, the Milwaukee-based firm also noted a stabilization of the economic slowdown in a number of key European...


Jobless claims measures at 50-year low

April 18, 2019

The US four-week moving average of initial claims for unemployment insurance fell to 201,250 last week, down 6,000 from the previous week’s revised average, the US Department of Labor reported. This is the lowest level for initial claims since Nov. 1, 1969, when it was 200,500. The previous week’s...


CTG revenue up 18% in first quarter with boost from acquisitions

April 18, 2019

IT staffing and solutions provider CTG (NASD: CTG) reported first-quarter revenue rose 17.6%. Revenue included a partial quarter of contribution from the Tech-IT acquisition on February 2019, and a full quarter from the Paris-based Soft Co., which the company acquired in February 2018.

(US$...


Tech Roundup: Shiftgig sells staffing operations; separately other firms report funding rounds

April 18, 2019

Online staffing firm Shiftgig sold its staffing and national events business lines; the firm will now focus on providing software to staffing firms, the Chicago-based company reported today. Meanwhile, employment platform Spur raised $8 million in a funding round, and recruiting software provider Crelate...


Labor market remains tight, pressures wages: Beige Book

April 18, 2019

Employment continued to increase nationwide in March and early April, according to the Federal Reserve’s Beige Book report released Wednesday. Employment increased across a variety of industries, with increases most highly concentrated in high-skilled jobs. However, labor markets remained tight, restraining...


The Conference Board suggests economic growth decelerating to 2% by end of year

April 18, 2019

Economic growth in the US will likely to moderate to 2% this year, The Conference Board forecasts in its US Leading Economic Index, released today.

March’s index reading rose 0.4% to 111.9 (2016 = 100). That follows a 0.1% increase in February — the first increase in five months — and no change...


Labor slack owing to gig economy may subdue US wages: Dallas Fed

April 17, 2019

Increasing numbers of contingent and gig-economy workers, combined with price competition resulting from online commerce, may be holding wages in the US down despite the record-low unemployment rate, according to analysis by John Duca, a VP in the research department at the Federal Reserve Bank of Dallas...