Temp staffing revenue maintains growth pace, Pulse survey finds

US temporary staffing revenue rose a median 10% year over year in January among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey, unchanged from the rate reported in December.

“Temporary staffing overall continued to hold the momentum in January, with most segments showing...

ISM manufacturing index hits highest level since 2014

Economic activity in the manufacturing sector expanded in February at a faster pace than January, according to the Institute for Supply Management’s purchasing managers index for US manufacturing, released today. February’s index reading was 57.7, up from January’s reading of 56.0. Readings above...

PEO operator pleads guilty in workers’ comp scheme (Business Insurance)

The operator of Powell, Tenn.-based HR Comp LLC, a professional employer organization, pleaded guilty to conspiracy in a $5.9 million workers’ compensation scheme that involved collecting premiums for nonexistent comp policies. Business Insurance reports Andrea Rudd faces up to five years in prison...

Monster prevails in shareholder lawsuit over Randstad deal (Bloomberg BNA)

Monster Worldwide prevailed in a lawsuit by a Monster shareholder seeking internal documents regarding the $429 million sale of Monster to Randstad, Bloomberg BNA reported. The investor had been trying to investigate whether Monster directors breached their legal duties in connection with Randstad’s...

Heidrick net revenue up 14% in constant currency, exceeds guidance

Fourth-quarter net revenue rose 14.0% in constant currency at Heidrick & Struggles International Inc. (NASD: HSII). On a reported basis, net revenue rose 10.6% at the Chicago-based executive search and leadership consulting firm and exceeded forecasted guidance.

GDP growth remains at 1.9% in new Q4 estimate

US real gross domestic product grew at an annual rate of 1.9% in the fourth quarter, according to the second estimate of GDP growth released today by the US Commerce Department. The new estimate is unchanged from the “advance” estimate.

In the third quarter, real GDP increased 3.5%.

Real GDP grew slower...

Trillium acquires construction and cabling staffing firm in San Diego

Trillium Staffing acquired San Diego-based Impact Solutions LLC, a provider of strategic construction and low-voltage cabling staffing services. Trillium reports the acquisition complements its existing Trillium Construction Services brand targeting construction trades and low-voltage cabling...

Nearly half use some form of a flexible workforce, Upwork report finds

Nearly half of companies, 48%, utilize at least some form of a flexible workforce, according the “Future Workforce: How Companies Embrace Flexible Teams to Get Work Done” report released today by online staffing provider Upwork.

The survey found 35% of departments use temporary workers, 34% use freelancers...

Consumer confidence rises in February, jobs outlook improves

The Conference Board’s consumer confidence index rose in January following a moderate decline in January. The index rose to a reading of 114.8 (1985=100), up from 111.6 in January.

“Consumer confidence increased in February and remains at a 15-year high (July 2001, 116.3),” said Lynn Franco, director...

Creating healthcare policy is ‘unbelievably complex’ — Staffing quote of the week

“I have to tell you, it’s an unbelievably complex subject. Nobody knew that healthcare could be so complicated,” President Donald Trump said at a meeting of state governors, The New York Times reported. Trump was discussing creating healthcare policy in a talk that included the Affordable Care...