Addison Group acquires accounting/finance consulting and staffing firm DLC Group

Addison Group announced it has acquired DLC Group, a provider of finance and accounting consulting and staffing based in Southern California. Addison aims to complement its existing finance/accounting consulting and staffing business the Bay Area and Chicago with the deal.

DLC’s primary market is Los...

Businessperson pleads guilty to H-1B visa fraud in case involving hundreds of petitions

A businessperson from North Carolina pleaded guilty to conspiracy to commit visa fraud for submitting false and misleading information in support of at least 183 initial H-1B petitions and 100 H-1B extension petitions, according to the US Attorney’s Office for the Eastern District of North Carolina....

Nashville posts lowest jobless rate among large US metro areas

The Nashville metropolitan area in Tennessee posted the lowest unemployment rate in December among the 51 largest metro areas in the US with a jobless rate of 2.3%, the US Bureau of Labor Statistics reported today. The formal designation of the area is the Nashville-Davidson — Murfreesboro — Franklin...

SIA report: Healthcare and IT most popular staffing segments for acquisition; potential acquirers listed

Healthcare and IT staffing firms are the most popular targets for acquisition last year by other staffing firms looking to acquire, according to a survey of 128 staffing firms by Staffing Industry Analysts. Data from the survey are included in a report “Selling Your Staffing Firm: M&A Advisors,...

US tech salaries flat in 2018, Dice reports

Salaries for US technology professionals were roughly flat in 2018, according to a new report by tech jobs website Dice. The average salary for US tech professionals was $93,244 last year, an increase of just 0.6% from the previous year.

However, in individual skill areas where salaries were rising, Drupal...

Employee assessment firm gets $50 million in funding

The Predictive Index, a provider of an employee assessment platform, last week announced it received $50 million in growth-stage capital from venture capital firm General Catalyst provided the investment. The company, whose customers include Nissan and Citizens bank, plans to use the funding to double...

Solomon Page acquires fashion industry search firm E.A. Hughes & Co.

Staffing firm Solomon Page announced today it acquire executive search firm E.A. Hughes & Co., which specializes in the fashion, retail and beauty markets.

Elaine Hughes, who founded E.A. Hughes & Co. in 1991 will continue to lead her team of eight, according to a report in WWD. Terms of the deal...

Consumers more pessimistic this month on business conditions, labor market

Consumers were more pessimistic about business conditions over the next six months as well as in the labor market, according to The Conference Board’s Consumer Confidence Index. In addition, the recent government shutdown may have influenced the index.

A survey for the index found that fewer consumers,...

‘Not trying to get rid of the human’ — Staffing quote of the week

“This is not trying to get rid of the human,” Accenture Operations Group CEO Debbie Polishook told Bloomberg, “but to make them as productive as possible and get them to focus on the work that a human really needs to do.” Polishook was discussing its new selling automation software that has already...

SThree plc revenue up 13% for year; reports beta launch of AI platform

SThree plc reported revenue rose 13% in constant currency for its fiscal year ended Nov. 30; the strongest revenue growth came from its operations in Continental Europe, where revenue was up 24.3% on a reported basis.

CEO Gary Elden previously announced he would be leaving the London-based professional...