Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Consumer confidence falls in September

September 30, 2014

The Conference Board consumer confidence index fell in September to a reading of 86.0 (1985=100) from 93.4 in July, after approaching a seven-year high in August.“Consumer confidence retreated in September after four consecutive months of improvement,” said Lynn Franco, director of economic indic...

Quote of the week: Flexibility of contracting worth the trade-off

September 30, 2014

“I enjoy the challenge,” of working for multiple clients, The Boston Globe quoted human-resource specialist Patricia Rocker as saying in a story about contract consulting. “I can’t imagine going back to a permanent job. It would have to be the right position.” To read the article, click here.

Labor Smart acquires Kwik Jobs

September 29, 2014

Labor Smart Inc. (OTCBB: LTNC), a provider of industrial staffing serving the southeastern US, acquired the operating assets of Kwik Jobs Inc. and its two branches located in Alabama and Georgia. Kwik Jobs targets general contractors and related companies.The acquisition documents were signed Fri...

California governor signs staffing buyer bill

September 29, 2014

A California bill to formally expand staffing buyers’ liability, AB 1897, was signed into law by Gov. Jerry Brown. The signing was announced Sunday.The law formally makes staffing buyers liable for staffing firm wage and hour violations among other things. For more on the law, click here.

Temp revenue growth rate slows in August — Pulse Report

September 29, 2014

US temporary staffing revenue rose a median 10 percent year over year in August among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The growth marks a deceleration from the 13 percent year-over-year growth in July and a return to the rate of growth seen in the fi...

Bus company settles suit over hiring of H-2B temp drivers

September 29, 2014

A Houston-based bus company settled a U.S. Department of Justice lawsuit alleging it discriminated against U.S. workers by preferring to hire workers on temporary H-2B visas for its bus driver positions.Autobuses Ejecutivos LLC, dba Omnibus Express, will establish a $208,000 fund to compensate vi...

Web: Recruit, owners seek $1.8 billion in IPO

September 29, 2014

Bloomberg reports Recruit Holdings Co. and its owners are seeking as much as ¥197 billion (US$1.8 billion) in Japan’s second-biggest initial public offering this year, as Skylark Co. priced a first-time share sale at the low end of a marketed range. To read the story, click here.

Corporate Resource Services regains listing compliance

September 29, 2014

Staffing provider Corporate Resource Services Inc. (NASD: CRRS) is back in compliance with Nasdaq listing policies. The New York-based company reported it received a letter from Nasdaq that it regained compliance with the filing of its form 10-Q last week with the U.S. Securities and Exchange Adm...

The recruiter’s role in creating a fantastic résumé — Staffing Stream

September 29, 2014

If you find a great candidate, then it is imperative to help them shine on paper, writes Bryon Mecham in The Staffing Stream. Mecham, a senior recruiter for MedsysGroup, provides several tips to help candidates create a better résumé. To read the post, click here.The Staffing Stream is a blog whe...

Acquisitions bolster CRS’ Q2 revenue

September 26, 2014

Corporate Resource Services Inc. (NASD: CRRS) Thursday reported revenue rose 23.6 percent to $246.1 million in its second quarter ended July 4. Acquisitions made at the end of 2013 fueled the increase and added $32.5 million in revenue. Excluding acquisitions, the company generated organic growth...