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US nonmanufacturing activity decelerates in January, but employment metric increases
February 5, 2019Economic activity in the US nonmanufacturing sector decelerated in January, according to the Institute for Supply Management’s nonmanufacturing index, released today.
ISM’s nonmanufacturing index fell to a reading of 56.7 in January, down from a reading of 58.0 in December.
Readings above 50 generally...
TransForce forms new parent company
February 5, 2019TransForce Inc., a nationwide truck-driver staffing firm headquartered in Alexandria, Va., on Monday announced the formation of the TransForce Group, its new parent company.
The company will now operate through three service lines: TransForce Group Education and Training Solutions; TransForce Group...
Possible shift to employers’ market, says LaSalle Network CEO — Staffing quote of the week
February 5, 2019“I’d say it’s still an employee’s market, but it’s starting to turn,” LaSalle Network founder and CEO Tom Gimbel said on CNBC’s “Squawk Box,” discussing the state of hiring and recruiting. “You can feel that employers want to hire good people, they want to bring people on, but this...
Temp firms’ revenue accelerates to median 10% growth: Pulse Report
February 4, 2019US temporary staffing revenue growth rose a median 10% year over year in December, up from 7% in November, according to Staffing Industry Analysts’ Pulse Survey Report of staffing firms released Thursday.
“Total temp staffing revenue growth bounced back up in December and this acceleration was driven...
Engineering staffing provider Belcan acquires UK-based firm
February 4, 2019Engineering consulting and staffing provider Belcan LLC acquired UK-based Sitec Design Ltd. and Sitec Recruitment Ltd.
Established in 1951, Sitec is an engineering services and technical recruitment supplier with aerospace, defense, nuclear and industrial customers in the UK and other parts of Europe....
USCIS publishes final rule on H-1B visa process update, delay in registration welcome
February 4, 2019US Citizenship and Immigration Services last week published a final rule that brings changes to the H-1B visa process. One change includes a new electronic registration system for H-1B visas that would require petitioners to first register electronically. Another reverses how H-1B petitions are selected...
Employment Trends Index declines in January, but government shutdown affects reading
February 4, 2019The Conference Board’s US Employment Trends Index declined in January following an increase in December; however, the year-over-year change remains positive. The index fell to a reading of 109.56 in January from a downwardly revised reading of 110.96 in December.
Due to the government shutdown, some...
Hiring rebounds in tech sector during January: CompTIA
February 4, 2019Employment momentum in the US tech sector rebounded in January, according to CompTIA’s analysis of the US Bureau of Labor Statistics’ monthly employment situation report, released Friday. The nonprofit IT industry association found the tech sector in January added an estimated 11,200 jobs.
IT services,...
US temp penetration rate unchanged in January; temp jobs rise by 1,000
February 1, 2019The US added 1,000 temporary jobs in January, according to seasonally adjusted numbers released today by the US Bureau of Labor Information. However, the temp penetration rate — temp jobs as a percent of total employment — was unchanged from December at 2.03%.
Still, temp jobs were up 2.67% in January...
Manufacturing activity in US speeds up in January after December deceleration: ISM
February 1, 2019US manufacturing activity accelerated in January after an easing of growth in December. The Institute for Supply Management’s manufacturing purchasing managers index rose to a reading of 56.6 in January, up from December’s two-year low of 54.3. However, all readings above 50 indicate expansion.
The...