New CEO plans to take Uber public in 18 to 36 months (Business Insider)

Business Insider reports Dara Khosrowshahi, the new CEO of human cloud, ride-sharing firm Uber Technologies Inc., wants to take the ride-hailing company public in the next 18 to 36 months.

State of Salary Report: How your pay stacks up (LinkedIn)

LinkedIn’s inaugural State of Salary Report examined data from more than two million LinkedIn members — looking at how salaries vary by job title, education level and field of study, location, company size, and industry. It found medicine pays the most, but the top ranks in business are also paid...

Adecco’s Pontoon business names new president

Adecco’s Pontoon business, which provides MSP and RPO services, announced Corinne Ripoche Van Hecke will take over as president starting Friday. Current president, Mike Wachholz, is leaving to explore other opportunities after five years of leading the Pontoon business.

Van Hecke will be based at Pontoon...

US gross domestic product gets upward revision for Q2 to 3% growth

US real gross domestic product grew at an annual rate of 3.0% in the second quarter, according to the second estimate of GDP growth released today by the US Commerce Department. The new estimate is up from an “advance” estimate that pegged growth at 2.6%.

In the first quarter, real GDP advanced 1.2%....

US adds 237,000 private sector jobs, largest increase in five months, ADP reports

US private-sector employment rose by 237,000 jobs in August from July, according to the ADP national employment report. August’s gain exceeded the 201,000 gain in July, which was revised upward from 178,000.

Reuters reported the increase was the biggest monthly increase in five months and exceeded expectations;...

Gig economy has destabilizing effect on personal finance, report says

The gig economy has positive and negative aspects, but it does appear to have a destabilizing effect on personal financial security, according to a new report by Prudential Financial Inc. based on a survey of 1,491 workers in the US.

A majority of survey respondents working solely as temporary or contract...

Wage growth accelerates for first time in six months; recruiters’ median base pay rises 5%

US wage growth accelerated slightly in August, ending a six-month stretch of deceleration, according to data from Glassdoor.

The annual median base pay in the US grew 2.0% year over year in August to $51,556, up from the 1.7% revised pay growth in July and the first acceleration since US pay growth peaked...

Workforce challenges constrain growth of middle market firms, report finds

Middle market firms – those with annual revenue between $10 million and $1 billion – report difficulties with recruiting, hiring, developing and retaining workers with the skills they need, according to the “Help Wanted,” report released by the National Center for the Middle Market in conjunction...

What to expect from new Uber CEO (Fast Company)

Fast Company reported Dara Khosrowshahi, the new CEO of human cloud, ride-sharing firm Uber Technologies Inc., brings a “neat package of experience to Uber’s very messy table.” He improved Expedia’s value in the 12 years he worked at the company, and that is likely what he will do for Uber, according...

Rumors of gig economy’s death are greatly exaggerated (JD Supra Business Advisor)

While the pool of available contingent workers appears to be shrinking as the availability of more traditional employment improves, the real story is that the gig economy is adapting and evolving in response to the needs of the businesses and workers who access it and will likely continue to be...