Average starting salaries flat for class of 2017: NACE

Starting salaries for class of 2017 graduates remain flat, according to a report from the National Association of Colleges and Employers.

The average overall salary for class of 2017 grads with bachelor’s degrees edged up only 0.3% compared to the class of 2016 and have increased less than 1% over the...

Hawaii posts lowest jobless rate in June, Alaska records highest

Hawaii posted the lowest unemployment rate among all states in June at 2.1%, the US Bureau of Labor Statistics reported. Iowa was next at 2.7% on a seasonally adjusted basis, followed by North Dakota at 2.6% and Iowa, Colorado and New Hampshire, all at 2.7%.

Alaska recorded the highest jobless rate among...

People: Russell Reynolds, Softworld, PrideStaff, Staffing 360 and more

Executive search firm Russell Reynolds Associates announced Paul Ottolini joined the firm as chief financial officer. Ottolini most recently was CFO of IBM’s global business services division; he previously was at Deloitte for more than 20 years, where he held a range of financial, operational and...

CTG revenue rises 23%; European operations lead growth

Revenue rose 22.7% at IT staffing and solutions provider CTG (NASD: CTG) to $92.7 million. The Buffalo, NY-based firm reported that organic growth in its staffing and solutions businesses drove the increase in revenue; its acquisition of Paris-based Soft Co. in February also boosted growth.

Resources Connection revenue up 22% in constant currency

Professional staffing provider Resources Connection Inc. (NASD: RECN), which operates as Resources Global Professionals, reported revenue rose 21.8% in constant currency, in its fiscal fourth quarter ended May 26. The increase at the Irvine, Calif.-based firm was 7.3% on both a constant currency and...

People 2.0 announces acquisition of IC compliance, payrolling provider

People 2.0 Global LP, a business process outsourcer providing back-office services to the human capital services sector, announced last week that it acquired independent contractor classification and payrolling firm Contingent Workforce Solutions Inc. at the end of June.

Terms of the transaction...

‘Significant dip’ in Canada’s job growth in June: ADP

Employment in Canada fell by 10,500 jobs in June from May, according to the ADP Canada National Employment Report. However, the total number of jobs added in May in the previous report was revised upward to 27,800 from 2,900.

“We saw a significant dip in job growth in Canada for the month...

Employment rising but firms face shortage of qualified labor: Beige Book

Employment rose at a modest to moderate pace in most districts in late May and June amid tight labor markets, according to the Federal Reserve’s Beige Book report released Wednesday. The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current...

‘Solid growth’ in US economy to continue: The Conference Board

The Conference Board’s US Leading Economic Index rose 0.5% in June to a reading of 109.8 (2016 = 100), following no change in May, and a 0.4% increase in April.

“The US [Leading Economic Index] increased in June, pointing to continuing solid growth in the US economy,” said Ataman Ozyildirim, director...

Jobless claims average falls, initial claims near 50-year low

The US four-week moving average of initial claims for unemployment insurance fell to 220,500 last week, down 2,750 from the previous week’s revised average, the US Department of Labor reported today. The previous week’s average was revised upward by 250.

The four-week moving average decreases the...