Lyft raises $600 million in funding round; now at $15.1 billion

Lyft raised $600,000 in a funding round led by Fidelity Management & Research Co., the human cloud, ride-sharing firm announced in a blog post. Senator Investment Group LP joined Fidelity in the capital raise.

The company ranks as the third-largest business-to-consumer human cloud company based...

For millennials and Gen Z, it’s not just salaries

Millennials and members of Gen Z look beyond salary and benefits when considering a job, according to the report, “Employers, It’s Time to Grow Up: Engaging the Millennial and Gen Z Workforce,” released today by Allegis Group. Two areas of employer commitment rank high among millennial...

Electricians and plumbers among top jobs that don’t require degrees

Electrician tops CareerBuilder’s list of the most in-demand jobs for 2018 that pay about $20 an hour and do not require a college degree. Plumbers, pipefitters and steamfitters took the second spot on the list.

The list of in-demand jobs includes those that pay about $20 or...

AI just a ‘tool,’ professionals trust human recruiters more: Korn Ferry

Although big data and artificial intelligence continue to transform the recruiting industry, professionals have less trust in AI than in human recruiters, according to a survey released today by a new survey by executive search firm Korn Ferry International Inc. (NYSE: KFY).

While...

California business groups appeal to legislature over top court’s IC ruling (San Fernando Business Journal)

Business groups in California are appealing to that state’s legislature after the California Supreme Court adopted a tougher standard for properly classifying independent contractors. The San Fernando (Calif.) Business Journal reported that several local chambers of commerce and businesses sent a letter...

TSR founder wants company sold; says share price doesn’t reflect value, earnings a disappointment

The founder of IT staffing provider TSR Inc. (NASD: TSR) has asked the board of directors to pursue a sale of the company. The request from founder Joseph Hughes and Winifred Hughes came to the company via a letter on their behalf from their son, James Hughes, that was dated Monday.

Joseph and Winifred...

Paychex revenue up 9%, cites client growth in PEO division

Revenue rose 9% at Paychex Inc. (NASD: PAYX) in the Rochester, NY-based company’s fiscal fourth quarter ended May 31. However, revenue rose 17% in the firm’s Human Resource Services segment, which includes the company’s professional employer organization business.

The largest revenue stream in Human...

PeopleReady names former Adecco exec as chief sales officer

PeopleReady, the blue-collar staffing division of TrueBlue Inc. (NYSE: TBI), announced Kristy Willis will join the company’s senior leadership team as senior VP and chief sales officer, effective July 31. This is a new position within the firm.

Willis has 26 years of executive leadership experience...

Dedicated Nursing Associates acquires Louisiana-based healthcare staffing firm

Dedicated Nursing Associates, Inc. acquired Priority Medical Staffing, effective June 1, in deal aimed at extending its footprint in the Southern US.

Priority Medical Staffing provides medical staffing and in-home services in Louisiana, Texas and the surrounding areas. It has 250 nurses and 12 office...

Four large US metros post unemployment rates of 2.3% in May

Four metropolitan areas tied for the lowest unemployment rates among all large, US metropolitan areas in May at 2.3% each, the US Bureau of Labor Statistics announced today: Denver-Aurora-Lakewood in Colorado; Minneapolis-St. Paul-Bloomington, in Minnesota and Wisconsin; Nashville-Davidson-Murfreesboro-Franklin...