Daily News
Next Staffing Industry Daily News is Wednesday
June 30, 2017There will be no Americas Staffing Industry Daily News on Monday and Tuesday due to the Independence Day holiday. The next Daily News will be on Wednesday, July 5.
US gross domestic product gets upward revision to 1.4%
June 29, 2017US real gross domestic product grew at an annual rate of 1.4% in the first quarter, according to the third estimate of GDP growth released today by the US Commerce Department.
The new estimate is up from a second estimate that pegged growth at 1.2% and double the initial “advance” estimate of 0.7%...
Contract watch: Randstad Sourceright signs Asia-Pacific MSP deal with Johnson & Johnson
June 29, 2017Randstad Sourceright announced a managed service provider agreement with Johnson & Johnson to oversee sourcing, hiring and management of the company’s contingent workforce in 12 countries in the Asia Pacific region.
“Asia Pacific is one of the fastest-growing regions for Johnson & Johnson...
ShiftPixy staffing and PEO firm raises $12 million amid IPO
June 29, 2017Restaurant and hospitality staffing firm and PEO provider ShiftPixy Inc. (NASD: PIXY) announced today it raised $12 million in an initial public offering through the sale of 2 million shares at $6 per share. The company begins trading Friday.
The company reported 94 clients as of April 30 and 2,902 active,...
In Tech: Catalant lands $41 million, Fiverr acquires Veed.me, Entelo does series C round
June 29, 2017In technology news this week, online staffing firm Catalant announced $41 million in funding, fellow online staffing provider Fiverr announced the acquisition of online videographer platform Veed.me and its Fiver Pro offering, and online talent search platform Entelo announced $20 million in funding....
Companies to rethink approaches to securing critical skills, Allegis Group report finds
June 29, 2017Skills shortages, new models of engagement, and demographic shifts, as well as economic and political forces, are pushing companies to rethink their approaches to securing critical skills, according to The Global Workforce Trends Report released today by Allegis Group.
“Workforce trends not only vary...
LandrumHR adds CTO
June 29, 2017LandrumHR, a Pensacola, Fla.-based PEO and staffing provider, named David McCullough as its new chief technology officer, effective June 1. While the firm had a CTO in the past, it has operated without one for several years.
McCullough has extensive experience in the HRIS/payroll technology space as both...
Canada’s GDP to exceed 2% in 2017, but acceleration will be temporary
June 29, 2017A return to growth in Canada’s resource-rich provinces and continued robust performances in the rest of the country will support strong economic growth in 2017, according to The Canadian Long-Term Outlook: Mid-Year Update released by The Conference Board of Canada.
The Canadian economy will see solid...
Brazilian Senate approves labor reform bill (plus55)
June 29, 2017The Senate’s Justice Committee last night approved the Brazilian government’s labor reform bill in a 16-9 vote, plus55 reported. The text is a major overhaul of the current labor legislation, altering 110 rules of the labor code. Among its core points is a bill that allows businesses to outsource...
Taking advantage of ‘hybrid’ MSPs (CWS 3.0)
June 29, 2017Most programs have yet to take full advantage of what hybrid MSPs offer, writes Peter Reagan in a new CWS 3.0 newsletter article. Reagan, director of contingent workforce strategies and research (EMEA & APAC) at Staffing Industry Analysts, provides an overview of the numerous hybrid possibilities...