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On Assignment closes $570 million Creative Circle deal

June 8, 2015

On Assignment Inc. (NYSE: ASGN) closed its acquisition of privately held Creative Circle LLC for $540 million in cash and $30 million in equity for a total of $570 million. On Assignment will pay up to an additional $30 million if performance targets for 2015 are achieved.  Creative Circle w...


PEO operator gets 12 years in prison, must pay $108 million 

June 8, 2015

A businessman who controlled Tampa, Fla.-based professional employer organization O2HR was sentenced to 12 years in prison and more than $108 million, the US Department of Justice reported. The businessman, Wilber Anthony Huff, had pleaded guilty in December 2014, will also be required to pay $10...


Online talent platforms could help 540 million, raise global GDP

June 8, 2015

As many as 540 million people globally by 2025 could benefit from online talent platforms such as Upwork (formerly Elance-oDesk) and Uber as well as job boards that match candidates with job advertisements, according to a report by the McKinsey Global Institute. “As many as 230  million coul...


Less than 4% of new grads are temps, self-employed

June 8, 2015

The percentage of graduates engaged in the various categories of self-employment — owning and operating a business, doing “temporary” project work or freelancing — is less than 4%, according to the new First-Destination Survey by The National Association of Colleges and Employers. However, the nu...


The Conference Board’s US employment index rises in May

June 8, 2015

The Conference Board’s US employment trends index rose in May to a reading of 128.60 from April’s downwardly revised reading of 128.10. The May reading is up 5.1% from the same month a year ago.  “In the past six months, the employment trends index has been growing at a 3.5% annual rate...


Economists expect slower US growth for 2015, new survey says

June 8, 2015

The National Association for Business Economics’ Outlook Survey for June found its members expect the economy to grow at a slower pace than they did three months ago. They also predict a slowing — but still robust — pace of improvement in the labor market. “Their views on economic growth hav...


US temp jobs jump in May, overall job growth beats expectations

June 5, 2015

The US had 20,100 more temp jobs in May than April, up from an increase of 16,100 in April based on revised numbers, according to seasonally adjusted data from the US Bureau of Labor Statistics.In addition, the temp penetration rate in May rose to 2.049% from April’s rate of 2.039%. The penetrati...


TSR leader takes medical leave of absence

June 5, 2015

IT staffing firm TSR Inc.’s (NASD: TSRI) board of directors on June 4 granted a 90-day medical leave of absence to Joseph Hughes, chairman, CEO, president and treasurer.Senior VP Christopher Hughes will be responsible for the company’s day-to-day operations and perform the duties of those roles d...


IT leaders plan more hiring in US, less in Canada

June 5, 2015

US chief information officers plan to add more IT staff in the second half of 2015 than they did in the first half, according to the new Robert Half Technology IT Hiring Forecast and Local Trend Report. However, Canadian CIOs plan to hire fewer workers.The US survey found 22% of CIOs plan to expa...


Canada adds 58,900 jobs in May

June 5, 2015

Employment in Canada rose by 58,900 in May from April, driven by gains in the number of private sector employees, according to seasonally adjusted numbers released today by Statistics Canada. Since the beginning of 2015, employment gains have averaged 20,500 per month.The number of private sector...