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Court rules joint-employment test is too broad (The Hill)

January 2, 2019

The DC Circuit Court of Appeals ruled Dec. 28 that a National Labor Relations Board decision in 2015 to expand joint employment was too broad, The Hill reported. The case involved Browning-Ferris Industries and its staffing firm Leadpoint Business services; the NLRB’s decision had caused waves in the...


Federal judge stays own order declaring ACA unconstitutional (Politico)

January 2, 2019

A federal district court judge in Texas — who ruled last month the Affordable Care Act was unconstitutional — allowed the law to remain in place while his decision is appealed, Politico reported. The move means the ACA will likely remain the law of the land for another year and may set up a Supreme...


CPC Logistics acquires California-based driver and logistics staff provider

January 2, 2019

CPC Logistics, a provider of truck driver and warehouse personnel services, acquired Sacramento, Calif.-based Quality Driver Solutions Inc., or QDS.

QDS provides temporary and long-term drivers in California, Texas, Denver, Memphis, Nashville, Phoenix, Charlotte and Atlanta.

The transaction closed today;...


Canadian staffing index falls 5% year over year, decelerating economy could impact staffing this year

January 2, 2019

The Canadian staffing index, which measures staffing activity in Canada, fell 5% in November on a year-over-year basis to a reading of 117.

“November continues the trend of flat to negative year-over-year growth in billed hours suggested by the index since April of this year, after adjusting for...


IT job growth ekes out small gain but ‘headwinds’ to growth in 2019: TechServe Alliance

January 2, 2019

IT job growth eked out a small gain in November from October after declining in the prior month, according to the TechServe Alliance, a trade group of IT and engineering staffing and solutions firms. It reported the number of IT jobs in the US edged up by 0.18% sequentially in November to more than...


Consumer confidence index falls in December, suggests economic growth will moderate

January 2, 2019

The Conference Board’s consumer confidence index decreased in December, following a modest decline in November. The index fell to a reading of 128.1 (1985=100), down from 136.4 in November.

“Consumer confidence decreased in December, following a moderate decline in November,” said Lynn Franco,...


Temp revenue growth decelerates to 7%: Pulse report

December 21, 2018

US temporary staffing revenue growth decelerated at a median 7% year over year in November from October, falling from a three-year high of 11% in October, according to Staffing Industry Analysts’ Pulse Survey Report of staffing firms released Thursday.

The latest report also found the net proportion...


Bureau revises down US third-quarter GDP estimate to 3.4%

December 21, 2018

US real gross domestic product grew at an annual rate of 3.4% in the third quarter, according to the third estimate of GDP growth released today by the US Commerce Department. The new estimate is down from the previous estimate of 3.5%.

The general picture of economic growth remains the same; positive...


Paychex completes $1.2 billion acquisition of Oasis Outsourcing

December 21, 2018

Paychex Inc. (NASD: PAYX) today completed its acquisition of Oasis Outsourcing Acquisition Corp., one of the largest professional employer organizations in the US. The purchase price was $1.2 billion, subject to customary closing adjustments.

Paychex and Oasis will continue operating as separate...


US-based private equity firm invests in Canada's seventh-largest staffing firm

December 21, 2018

Quad-C Management Inc., a Virginia-based middle market private equity firm, invested in IT staffing provider S.i. Systems.

The company’s founder and CEO, Derek Bullen, maintains a “significant” ownership position, according to the firms, and continues to lead S.i. Systems as CEO following the Quad-C...