Daily News
PageGroup gross profit up 12% in Q1 with growth in all regions
April 10, 2019PageGroup reported first-quarter gross profit rose 11.7% in constant currency in its global staffing operations. All four regions reported gross profit growth during the quarter.
Americas continues to be the company’s fastest-growing region, with gross profit up 21.4% year over year in constant currency....
Staffing and recruiting advice from Winnie the Pooh (Staffing Industry Review Online)
April 10, 2019Improvement ideas for recruiting and hiring can often come from surprising sources — and one such source is Winnie the Pooh, writes Scott Wintrip in Staffing Industry Review’s Online Showcase. Wintrip, president of the Wintrip Consulting Group and StaffingU,...
Uber IPO: $10 billion in stock, valuation of $90 billion to $100 billion (Reuters)
April 10, 2019Uber Technologies will seek to sell about $10 billion worth of stock in its initial public offering, Reuters reported. The human cloud, ride-sharing firm will make the registration of the offering public on Thursday, putting it on track to price its IPO and begin trading on the New York Stock Exchange...
Command Center plans merger deal; Hire Quest shareholders would own majority stake
April 9, 2019Command Center Inc. (NASD: CCNI), a Colorado-based industrial staffing firm, will acquire industrial staffing provider Hire Quest Holdings LLC. The deal calls for Command Center to issue 9.8 million common shares to Hire Quest owners; in turn, that will give Hire Quest shareholders 68% ownership of Command...
SIA index suggests robust US temp revenue growth year over year
April 9, 2019A new index developed by Staffing Industry Analysts suggests robust year-over-year revenue growth in the US temporary staffing industry.
The index indicates the net percent of temporary staffing firms that reported positive revenue growth in SIA’s Pulse Survey. The SIA Staffing Index is a diffusion...
Job openings in February decrease to lowest level in almost a year
April 9, 2019The number of US job openings fell in February from January, according to data released today by the US Bureau of Labor Statistics. The number of hires and separations were little changed.
Job openings fell by 538,000 in February to fewer than 7.1 million, down 7.1% from February; however, openings increased...
Erecruit acquires UK-based analytics provider Innovantage
April 9, 2019Boston-based Erecruit Holdings LLC, a provider of enterprise software for staffing firms, acquired Innovantage, a UK-based analytics provider in the talent ecosystem.
Innovantage tracks millions of online job postings advertised on major job boards, as well as thousands of company websites, to provide...
Randstad Healthcare exec named NATHO board president
April 9, 2019Randstad today announced Abigail Tremble, president of Randstad Healthcare, was elected president of the National Association of Travel Healthcare Organization’s board of directors.
Founded in 2008 to promote ethical business practices in the travel healthcare industry, NATHO is a nonprofit association...
Word of the week: Blockchain
April 9, 2019Blockchain is a distributed, decentralized peer-to-peer ledger system, according to Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms. A ledger system is a database of transactions; thus, a blockchain can be thought of as a decentralized database...
Employment Trends Index falls in March, temp help decline concerning
April 8, 2019The Conference Board’s US Employment Trends Index declined in March, following an increase in February. The index stood at 110.98 in March, down from an upwardly revised reading of 111.62 in February.
However, the year-over-year change remains positive at 3.1%.
“After growing rapidly through most of...