Daily News
Report finds 21% of millennials switched job in the last year
May 13, 2016The millennial generation — those born between 1980 and 1996 — deserve their reputation as job hoppers, according to research reported by the Harvard Business Review. The research found 21% of millennial workers had left their job in the last year to do something else, a number that is more than...
Lyft settlement more than doubles to $27 million
May 12, 2016Lyft will pay $27 million in a newly proposed settlement — more than twice as much as a previous settlement rejected by the court — to end an independent contractor compliance case brought by California drivers, according to court filings.
Drivers would remain independent contractors — as in the...
Class of 2016 grads optimistic on jobs, survey finds
May 12, 2016The class of 2016 is optimistic about job prospects despite a growing trend in underemployment, according to the fourth annual Accenture Strategy 2016 US College Graduate Employment Study released today by Accenture (NYSE: ACN).
Twenty-one percent of this year’s college graduates accepted a job before...
SuperShuttle sues California over independent contractor status, report says
May 12, 2016Airport ground transportation company SuperShuttle is suing to defend its model of classifying independent contractors as employees, the Los Angeles Times reports. The company shifted to the independent contractor model after Sept. 11, 2001, but it has come under fire from several lawsuits. “It’s...
Jobless claims average rises; initial claims at highest level in more than a year
May 12, 2016The US four-week moving average of initial claims for unemployment insurance rose to 268,250 last week, up 10,250 from the previous week’s unrevised average, according to seasonally adjusted numbers released today by the US Department of Labor.
The four-week moving average decreases the volatility of...
‘Ban the box’ laws and what to do
May 12, 2016More and more states and other jurisdictions are enacting “ban the box” laws. Jason Kunschke discusses the situation and what staffing firms should consider in the current issue of Staffing Industry Review magazine. Kunschke is an attorney with Michael Best and Friedrich LLC.
Canada records 353,000 job vacancies in Q4
May 12, 2016Canadian employers reported 353,000 job vacancies in the fourth quarter, Statistics Canada reported today. The job vacancy rate — a measure of job openings compared with total employment — was 2.3%.
Full-time work accounted for almost two-thirds of job vacancies in Canada.
Among the 10 broad occupational...
Kelly revenue up 2%, gross margin improves
May 11, 2016Kelly Services Inc. (NASD: KELYA) revenue rose 2.2% in the first quarter, or 4.6% in constant currency, and gross margin improved to 17.3%.
First-quarter revenue in Kelly’s OCG segment rose by 13%, fueled by growth in business process outsourcing and contingent workforce outsourcing. Kelly OCG provides...
Canadian temp staffing revenue to edge up 1%
May 11, 2016The Canadian temporary staffing industry will see a slight increase in revenue this year, according to the “Canadian Staffing Industry Outlook: 2016 Update” report released by Staffing Industry Analysts. The industry will see revenue edge up 1% year over year in 2016 to reach a market size of...
RCM revenue falls 2%
May 11, 2016RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue fell 1.6% in its first quarter ended April 2. Net income also declined.
(US$ thousands) | Q1 2016 | Q1 2015 | % growth |
Revenue | $47,176 | $47,966 | -1.6% |
Gross profit ... |