Vaco acquires Toronto-based Lannick, its biggest acquisition to date

Staffing provider Vaco acquired Lannick, a finance and accounting professional recruitment and consulting firm serving the Greater Toronto Area. The deal expands Vaco's geographic footprint and is the linchpin of its Northern expansion plan.

Including Lannick’s projected revenue of $40 million for 2017,...

Hudson Q2 revenue rises 4% in constant currency

Hudson Global Inc. (NASD: HSON) reported revenue edged up 0.5% in the second quarter; however, the increase as measured in constant currency was 3.6%. Net income at the staffing, recruitment process outsourcing and talent management solutions provider improved to $1.2 million from a net loss of $3.1...

US nonmanufacturing activity expands at slowest pace in a year, but jobless claims fall

Economic activity in the US nonmanufacturing sector expanded in July at a notably slower pace than in June, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index fell in July to a reading of 53.9 from June’s reading of 57.4 and represents...

Recruitment process over-automated, candidates miss personal connections, Randstad US study finds

While most candidates find value in technology, they are frustrated when it supersedes the human aspect of the process, according to a survey released today by Randstad US. Accordingly, 82% of respondents agreed they are often frustrated with an overly automated job search experience.

Respondents weighed...

Court ruling moves unionized gig economy one step closer (JD Supra Business Advisor)

The battle over organizing workers in the on-demand economy continues to heat up, Benjamin Ebbink of Fisher Phillips writes in JD Supra Business Advisor. A federal court in Washington on Tuesday dismissed a lawsuit filed by the US Chamber of Commerce and others challenging the City of Seattle’s landmark...

Amazon hiring spree underway (The New York Times)

Like other tech giants, Amazon is recruiting thousands of people with engineering and business degrees for high-paying jobs, The New York Times reports. But the vast majority of Amazon’s hiring is for its “fulfillment network” — the armies of people who pick and pack orders in warehouses and...

Kforce second-quarter revenue edges up but short of expectations

Kforce Inc. (NASD: KFRC) reported second-quarter revenue edged up 1.6%, short of  the firm’s expectations. Of the firm’s 10 industry verticals, six posted year over year growth;  communication, manufacturing, retail and energy were particularly strong, the company said in a conference call...

Global Employment Solutions division acquires IT staffing firm Halo Group

Fahrenheit IT Staffing and Consulting, a division of Global Employment Solutions, acquired Midwest IT staffing and consulting firm Halo Group and its affiliates Sonoma Consulting and Geneva Technical Services.

The transaction closed July 31.

The acquisition expands Fahrenheit IT further into the Midwest...

US adds 178,000 private sector jobs, only manufacturers reduce payrolls, ADP reports

US private-sector employment rose by 178,000 jobs in July from June, according to the ADP national employment report. July’s gain fell short of the 191,000 gain in June, which was revised upward from 158,000.

Reuters reported US companies in July hired fewer workers than anticipated; its survey of economists...

Focus Search Partners acquires Dallas exec search firm

Focus Search Partners, A Vaco company, acquired executive search firm Taylor Winfield, based in Dallas. 

The deal doubles the size of the company and adds professionals with enterprise operating experience across multiple industries, including internet/digital media, technology/SaaS software, consumer/retail/...