Canadian employment services revenue rises 6.8% in 2017

Operating revenue for Canada’s employment services industry group rose 6.8% year over year to C$14.5 billion (US$11.55 billion) in 2017, according to the latest data released today by Statistics Canada. The group includes employment placement agencies and executive search services; temporary help...

Jobless claims average posts highest reading in a year

The US four-week moving average of initial claims for unemployment insurance rose to 231,750 last week, up 6,750 from the previous week’s average and the highest level for this average since Jan. 27, 2018, when it was 234,000, the US Department of Labor reported. The previous week’s average was revised...

Kelly Services Q4 revenue up 0.6% in constant currency; ‘challenging talent supply’ in US

Fourth-quarter revenue at Kelly Services (NASD: KELYA) rose 0.6% on a constant currency basis. However, revenue was down 0.5% on a reported basis. The Troy, Mich.-based staffing firm reported a “challenging talent supply environment” in the US. The company noted Americas staffing revenue reflects...

Recruit Holdings revenue up 6%; HR tech segment leads growth

Recruit Holdings Co. Ltd., one of the world’s largest staffing firms, reported revenue rose 6.0% in its fiscal third quarter ended Dec. 31. The fastest growth took place in the Tokyo-based company’s “HR Technology” segment, which includes job board Indeed and recently acquired Glassdoor. Revenue...

Jobvite gets $200 million investment, acquires three companies

K1 Investment Management made a majority investment in Jobvite, a provider of recruitment software, including an applicant tracking system.

An undisclosed portion of K1’s $200 million-plus investment was used by Jobvite to acquire three firms: recruitment marketing company Talemetry; online...

Online staffing platform Fiverr acquires content marketing platform ClearVoice

Online staffing provider Fiverr acquired venture-backed ClearVoice, a subscription-based content marketing platform.

The acquisition brings a portfolio of writers to Fiverr, where content marketing-related services are currently among its most in-demand services. Content creation is also one of the...

Indeed names new CEO

Jobs website Indeed named Chris Hyams as its new CEO, effective April 1. He will replace Hisayuki Idekoba, who has served in that role since October 2013.

Hyams has been president of Indeed since October 2015, and has been responsible for innovation and growth. He had previously served as senior...

Third of Americans to seek new job this year: Monster

One in three Americans, 33%, plan to look for a new job this year, according to data from Monster Worldwide Inc.’s 2019 State of the Candidate report. The survey found the percentage is even higher among 18- to 34-year-olds; 48% in this age category plan to look for a new job this year.

Ninety percent...

Randstad Q4 revenue flat; Europe slows, firm records impairment for Monster

Randstad NV reported fourth-quarter revenue was stable, edging up 0.3% on an organic basis — which excludes the impact of acquisitions, divestitures and currency. The Netherlands-based company noted robust growth in the North America, but cited slowing activity in Europe.

Net income fell 2% in the fourth...

Global Employment Solutions names former Pontoon exec as CFO

Global Employment Solutions and its Fahrenheit IT division today announced Klaus Geiser joined the company as CFO. 

Geiser had been with The Adecco Group since 2005 and joined Pontoon when it launched in January 2013. He was global CFO with Adecco’s Pontoon Solutions business, which provides MSP...