Temp penetration rate reaches record high in November; temp jobs up by 2.9%

US temporary help services jobs rose by 2.9% in November on a year-over-year basis, and the temp penetration rate rose to a record high, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics.

In total, the US added 8,300 temporary help services jobs in November.

“Regarding...

Canada adds 94,100 jobs in November, unemployment rate lowest since 1976

Employment in Canada rose by 94,100 jobs in November, driven by gains in full-time work, according to seasonally adjusted numbers released today by Statistics Canada. Full-time jobs increased by about 89,900 and part-time employment rose by about 4,100.

The total number of jobs was 18.8 million in November,...

PeopleFluent’s VMS gets new name

Waltham, Mass.-based PeopleFluent’s vendor management system division has been renamed VectorVMS.

Learning Technologies Group plc on May 31 acquired PeopleFluent for approximately $150 million. The company said VectorVMS is now a portfolio brand but will continue to collaborate with PeopleFluent’s...

CPAs’ confidence in US economy drops

Optimism about the US economy fell sharply among certified public accountants who hold leadership positions in their companies — such as CEO, CFO or controller — since the last quarter, according to the fourth-quarter Economic Outlook Survey released by the American Institute of CPAs. However, they...

People: AMN, Heidrick, CareerBuilder and more

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing provider, announced Dr. Cole Edmonson will join the company as chief clinical officer. He will fill the position held by Dr. Marcia Faller, who is retiring at the beginning of 2019; Faller will continue with AMN in a consulting...

Third-largest B2C human cloud firm Lyft files for IPO

Human cloud/ride-sharing firm Lyft announced today that it has filed a confidential registration for an initial public offering with the US Securities and Exchange Administration.

“The number of shares to be offered and the price range for the proposed offering have not yet been determined,” according...

Korn Ferry revenue up 14.6% in constant currency in fiscal Q2

Korn Ferry International Inc. (NYSE: KFY) yesterday reported total fee revenue rose 14.6% in constant currency in its fiscal second quarter ended Oct. 31. The increase was 11.8% on a reported basis. It was driven by organic growth in all three lines of business.

Cross Country buys Boston-based healthcare staffing firm

Cross Country Healthcare Inc. (NASD: CCRN) acquired Boston-based American Personnel Inc., effective Dec. 1. American Personnel, which operates as AP Staffing, provides a range of talent management solutions to healthcare clients, including permanent placement, consultative staffing solutions and traditional...

US private sector adds 179,000 jobs in November, growth ‘likely peaked’: ADP

The US private sector added 179,000 jobs in November, according to the ADP National Employment Report. The gain compares to an increase of 225,000 jobs in October and an increase of 209,000 in September.

“Job growth is strong, but has likely peaked,” said Mark Zandi, chief economist of Moody’s Analytics....

Increasingly tight labor market prompts employers to increase wages, enhance benefits: Beige Book

Labor markets tightened further across a broad range of occupations in mid-October through late November, according to the Federal Reserve’s Beige Book report released Wednesday. Firms in more than half of the districts cited employment, production and sometimes capacity expansion had been constrained...