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CDI subsidiary acquires recruitment business line in UK

October 9, 2015

CDI Corp. (NYSE: CDI), an engineering and IT staffing firm headquartered in Philadelphia, announced its UK subsidiary, CDI AndersElite, acquired the recruitment business of London-based Ship Shape Resources.

Financial terms were not disclosed. The acquisition is expected to be immediately accretive...


Lateral Link buys legal staffing provider

October 9, 2015

Legal staffing provider Lateral Link acquired Cadence Counsel, an ad-hoc legal staffing firm providing lawyers for project and variable term engagements.

The transaction closed Sept. 10 and was publically announced Oct. 8; terms were not disclosed.

“Like with Lateral Link in the permanent placement industry,...


Staffing firm operators indicted for falsifying credentials

October 9, 2015

Operators of a New York state staffing firm were indicted this week for falsifying credentials of people they sought to teach in a nursing school, the New York Attorney General announced.

Regina Yankey and Debra Polera falsified the employment history individuals they put forward for licensing as director...


Accountable names president of travel healthcare

October 9, 2015

Accountable Healthcare Staffing Inc., a Boca Raton, Fla.-based healthcare staffing provider, promoted Chad Blackson to president of its travel healthcare division. The newly created position is a result of the merger of Accountable’s travel nurse and travel allied business units.

 Blackson joined...


CEO confidence falls in Q3

October 9, 2015

CEO confidence declined in the third quarter after improving in the first half of the year. The Conference Board’s and PwC Network’s measure of CEO confidence fell to a level of 48 in the third quarter from 58 in the second quarter.

A reading of more than 50 reflects more positive than negative responses....


Canada adds 12,100 jobs in September

October 9, 2015

Canada added 12,100 jobs in September from August, according to seasonally adjusted numbers released today by Statistics Canada. A rise in part-time work largely offset a decline in full-time employment.

The number of full-time jobs fell by 61,900 in September, but part-time jobs rose by 74,000....


People: RiseSmart, OpalStaff and Talos, Heidrick. Korn Ferry, Odgers

October 9, 2015

RiseSmart, an outplacement firm acquired last month by Randstad Holding nv for $100 million, appointed Jared Smith as senior VP of sales. Smith most recently was senior VP at consulting and outsourcing provider Morneau Shepell. Prior to Morneau Shepell, he was VP at ACS, an outsourcing and investment...


Morgan Stanley makes majority investment in PEO CoAdvantage

October 8, 2015

Morgan Stanley Global Private Equity completed a majority investment in CoAdvantage Inc., one of North America’s largest professional employer organizations.

The private equity firm has been active in the staffing industry. In June, Morgan Stanley sold Creative Circle LLC to On Assignment Inc. (NYSE:...


Resources Connection revenue rises 3%, seeing seasonal ramp-up

October 8, 2015

Revenue at Resources Connection Inc. (NASD: RECN) rose 3.4% in its fiscal first quarter ended Aug. 29, an increase of 6.3% on a constant currency basis. US revenue rose 4.6% year over year to $121.1 million while international revenue fell 1.4% to $27.2 million (but rose 13.4% in constant currency).

Asia...


Hiring plans up for Q4, CareerBuilder survey finds

October 8, 2015

Employers expect full-time, permanent hiring in the fourth quarter to be the most robust since 2006 and seasonal hiring to outpace last year’s projections by a healthy margin, according to CareerBuilder’s fourth-quarter 2015 US job forecast released today.

The survey found 34% of employers plan to...