ADP shows private employers added 216,000 jobs in November (MarketWatch)

Private employers hired far more workers than expected in November, suggesting the pace of hiring picked up after several months of moving sideways, MarketWatch reports. Payroll processor ADP said on Wednesday that 216,000 net new jobs were added in the month, much more than the Econoday consensus of...

Staffing agencies seek to nix revival of Exeter Hospital lawsuit (New Hampshire Union Leader)

Staffing agencies are asking a judge to deny Exeter Hospital's request to revive its lawsuit against them where the hospital alleges the staffing firms were at fault for recommending a drug-addicted technician who caused a hepatitis C outbreak, the New Hampshire Union Leader reported. The lawsuit was...

GDP revised upward, fastest pace in two years

US real gross domestic product grew at an annual rate of 3.2% in the third quarter, according to the second estimate of GDP growth released today by the US Commerce Department. The new estimate is up from the “advance” estimate, which pegged growth at 2.9%.

In the second quarter, real GDP advanced...

ManpowerGroup finance exec retires

ManpowerGroup (NYSE: MAN) announced Michael Van Handel will retire from his role as senior executive VP, effective Feb. 15. His retirement completes a succession process that began near the start of this year, with the appointment of Jack McGinnis as executive VP and CFO.

Van Handel, who has been with...

Monster names new CEO

Monster Worldwide Inc. appointed Mark Stoever as CEO, effective Dec. 1. He succeeds Tim Yates, who is departing Monster after serving as CEO for the last two years.

Yates will continue to serve on company boards and be active in private investments.

Stoever joined the company in July 2005...

US hiring managers more cautious on hiring in first half of 2017, survey finds

Most US hiring managers are more cautious with hiring plans than in the past two years, according to the annual hiring survey released today by job board operator DHI Group Inc. (NYSE: DHX). While the survey found 56% of hiring managers in the US anticipate more hiring in the first half of 2017 as compared...

Consumer confidence jumps in November; job outlook more optimistic

The Conference Board’s consumer confidence index rose significantly in November after posting a decline in October. The index rose to a reading of 107.1 (1985=100), up from 100.8 in October.

“Consumer confidence improved in November after a moderate decline in October, and is once again at pre-recession...

Infosys COO on Trump-era ‘protectionism’ — Staffing quote of the week

Anticipating a more protectionist US technology visa program under a Donald Trump administration, India’s $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from US college campuses, Fortune reported. “The world over, there’s a lot of protectionism...

Accenture CEO explains why she banned corporate memos (CNBC)

When Julie Sweet became the CEO of Accenture’s North American business in 2015, she made her mark on the $16 billion operation, CNBC reports. Some of the changes Sweet ushered in were big, such as leading important acquisitions for the global professional services business. Other changes were smaller,...

CFO survey finds mismatched skill sets are top reason for failed hires

Aside from poor performance, executives at firms of all sizes cited a mismatched skill set as the leading contributor to hiring failures, according to research released today by Robert Half Finance & Accounting.

Nearly four in 10 US CFOs interviewed, 38%, responded this way, up two percentage points...