Prosecutor alleges staffing firm billed trucking firm $700,000 for phantom employees

Options Staffing owner Pedro Carbajal was arrested after allegedly billing a trucking company $700,000 for phantom employees whose names were listed on invoices but never appeared for work, according to an announcement from Camelia Valdes, prosecutor for Passaic County in New Jersey.

Carbajal billed the...

People: Genuent, TrueBlue, nextSource, Taylor Strategy Partners, Frank Recruitment Group, Voca and TempWorks

Genuent, a Houston-based IT staffing subsidiary of the Willis Group, named John McCarthy as CFO. He is responsible for the overall financial management of the company and also oversees the strategic planning, human resource and information technology functions. Most recently, McCarthy was senior VP of...

Study says median pretax profit for Uber and Lyft drivers is $3.37 per hour (NPR)

The median pretax profit for Uber and Lyft drivers was $3.37 per hour after expenses, NPR reported citing a study by researchers at the Massachusetts Institute of Technology. It also found 30% of drivers are actually losing money once vehicle expenses are included. The study was based on a survey of...

Four top leaders from ecosystem talk tech, the skills gap and more at SIA’s Executive Forum

Leaders from four of the largest US staffing firms and online platforms weighed in on artificial intelligence, the skills gap and more on Wednesday during a keynote panel led by SIA Barry Asin at the Executive Forum North America in Miami Beach, Fla.

Technology and its effect on staffing was a particular...

The Adecco Group reports Q4 revenue up 7% on organic basis

The Adecco Group today reported fourth-quarter revenue rose 7% on an organic basis — excluding the impact of currency, acquisitions and divestitures. The improvement was driven in particular by professional staffing in France, Italy and North America, UK & Ireland.

In North America, revenue fell...

Fourth-quarter revenue falls 1% at Cross Country Healthcare

Fourth-quarter revenue at Cross Country Healthcare Inc. (NASD: CCRN) edged down 1.3%. The Boca Raton, Fla.-based healthcare staffing provider reported weaker-than-expected results in the period, primarily in its nurse and allied staffing business with fewer overall placements and a lower renewal rate....

Hudson Q4 revenue up 16% in constant currency

Hudson Global Inc. (NASD: HSON) reported fourth-quarter revenue rose 16.4% in constant currency — the increase was 21.2% on a reported basis. Net loss increased to $2.0 million from $292,000 in the year-ago quarter at the New York-based staffing, consulting and recruitment process outsourcing provider,...

Jobless claims average falls to lowest level since 1969

The US four-week moving average of initial claims for unemployment insurance fell to 220,500 last week, down 5,000 from the previous week’s revised average, the US Department of Labor reported. This is the lowest level for this average since Dec. 27, 1969, when it was 219,750.

The previous week’s...

ISM report: US manufacturing index at highest level since 2004, employment ‘remains strong’

Economic activity in the manufacturing sector expanded in February at a faster pace than in January, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. February’s index reading was 60.8, up from January’s reading of 59.1.

Any reading above 50% generally...

Best Staffing Firms to Work For Winners

SIA announced the winners of the “2018 Best Staffing Firms to Work For” competition during the Staffing Industry Executive Forum North America in Miami Beach, Fla. The competition was sponsored by Monster Worldwide, Inc.

The Best Staffing Firms to Work For North America winners are categorized by...