Judge shoots down Department of Labor overtime rule

An overtime rule that caused concern among employers, including staffing firms, was shot down Thursday by a federal judge in Texas.

The rule targeted overtime pay for employees who work in an “executive, administrative or professional capacity.” Under current regulations, those employees must receive...

In tech: Upwork launches ‘human layer’; Gigster raises $20 million, Michael Jordan is investor

In recent tech news, Upwork is launching a “human layer” with its new Talent Services division and Gigster adds Michael Jordan as an investor in a $20 million funding round. In addition, eHarmony sold its job-matching website; and Zūm, an Uber for children, raised $5.5 million.

Here’s some of the...

Resources Connection acquires German firm in $7 million deal

Resources Connection Inc. (NASD: RECN) acquired a German professional services firm called “taskforce - Management on Demand AG.” The move is part of an effort bolster its European business and provide more integrated solutions.

The transaction included initial consideration of €6.0 million (approximately...

ISM manufacturing index hits six-year high

Economic activity in the manufacturing sector expanded in August at a faster pace than in July, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. August’s index reading registered 58.8, up from July’s reading of 56.3.

Any reading above 50% generally...

People: Gifted Healthcare, Update Legal, Heidrick, Alliance Resource Group

Nurse staffing firm Gifted Healthcare announced Donna Bowers joined the Tulsa, Okla., office as the division director. She most recently was a nurse navigator at Cancer Treatment Centers of America and previously worked at Saint Francis Health System in a variety of roles, most recently as an administrative...

Is ShiftPixy just a ‘struggling staffing agency’? (Seeking Alpha)

ShiftPixy, a social networking app to match workers with jobs is “nothing but a struggling staffing agency trying to look like it has a revolutionary ‘Uber-like’ technology,” White Diamond Research writes in a Seeking Alpha article. The report also discusses executives at the firm, saying a co-founder...

Canada GDP accelerates to best reading in years (Financial Post)

The Financial Post reported Canada’s economy unexpectedly accelerated in the second quarter to a 4.5% annualized pace. The better-than-expected result was due to stronger consumption growth than the 3.7% pace economists had predicted.

Next Staffing Industry Daily News is Tuesday

There will be no Americas Staffing Industry Daily News on Monday due to the Labor Day holiday. The next Daily News will be on Tuesday, Sept. 5.

Pulse report: Temp staffing revenue edges up a median 1%, lowest rate since June 2016

US temporary staffing revenue rose a median 1% year over year in July among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey. This is the lowest growth level reported since June 2016.

“Year-over-year median revenue growth rates decelerated across virtually all skill segments...

Construction Labor Contractors acquires Trade Solutions

Construction Labor Contractors LLC, a provider of temporary staffing of skilled tradesmen for the commercial construction market and a portfolio company of Silver Oak Services Partners LLC, acquired Trade Solutions Inc.

The deal strengthens Construction Labor Contractors’ presence in Ohio, expands its...