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People: Source2, Interim HealthCare, Koya, ZRG and more

September 7, 2018

Interim HealthCare Inc. — a home care, hospice and health staffing franchise firm —  appointed Tracy Clark to COO. Clark joined the company in 2017 as senior VP of operations and sales. He previously held positions as president and principal at Triple Threat Management; as CEO at Family...


Upwork files form for IPO

September 6, 2018

Online staffing provider Upwork, the largest B2B human cloud firm, today filed a Form S-1 with the US Securities and Exchange Commission for an initial public offering. The company plans to list on the Nasdaq under the symbol “UPWK.”

Number of shares to be offered and price range were not yet announced....


PEO industry employs 3.7 million: NAPEO

September 6, 2018

Employment growth in the professional employer organization industry is 14 times higher than the growth rate in the US economy overall, according to a new study released today by the National Association of Professional Employer Organizations at its annual conference in Phoenix. The 907 PEOs in...


Private sector adds 163,000 jobs in August, smallest gain since last October

September 6, 2018

US private-sector employment rose by 163,000 jobs in August from July, the lowest gain since October 2017, according to the ADP National Employment Report.

The total of jobs added in July was also revised down to 217,000 from 218,000; however, it remained the strongest hiring since February.

“Although...


Gen Z seeking ‘future-proof’ jobs, iOS developer tops list: Indeed

September 6, 2018

Members of ‘Gen Z’ demonstrate a strong interest in “future-proof” jobs, according to research released today by Indeed. Initial surveys also suggest that job stability is a priority for Gen Zers.

The oldest members of the Gen Z — born in 1997 — are graduating college this year, and Indeed’s...


US jobless claims average falls to lowest level since 1969

September 6, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 209,500 last week, down 2,750 from the previous week’s unrevised average, the US Department of Labor reported. This is the lowest level for this average since Dec. 6, 1969, when it was 204,500.

The four-week moving...


US nonmanufacturing activity accelerates in August, employment metric edges up

September 6, 2018

Economic activity in the US nonmanufacturing sector accelerated in August, according to the Institute for Supply Management’s nonmanufacturing index released today.

ISM’s nonmanufacturing index rose to a reading of 58.5 in August from a reading of 55.7 in July.

Readings above 50 generally indicate...


Procurement software firm buys VMS provider DCR Workforce

September 5, 2018

Procurement software maker Coupa Software (NASD: COUP) announced Monday it acquired DCR Workforce, a provider of a vendor management system for managing contingent workforces. Coupa reported it paid $25 million upfront for the company with an earnout potential, according to a conference call with analysts....


Private equity buys majority stake in Aequor Healthcare Services

September 5, 2018

DW Healthcare Partners, a healthcare-focused private equity firm, acquired a majority stake in New Jersey-based Aequor Healthcare Services.

Founded in 1998, Aequor provides clinical staffing of physicians, therapists, nurses, technologists and allied healthcare professionals. It counts almost 300 client...


CareerBuilder names new CEO

September 5, 2018

CareerBuilder named Irina Novoselsky as president and CEO, effective today. She replaces Matt Ferguson, who assumes the executive chairman role following 14 years as CEO.

Novoselsky joined CareerBuilder in October 2017 as president and COO. She previously was CFO and then president of tech-based...