Companies shift strategies to compete for talent, 30% hire contingent labor: Cielo

Competition for talent is causing shifts in corporate strategy, according to the 2018 Talent Acquisition 360 study released today by RPO provider Cielo. It is also the source of disagreements among business functions regarding their companies’ approaches to talent acquisition.

“Although leaders in...

Job growth for middle-wage positions will lag: CareerBuilder

The US is expected to add 8.3 million jobs from 2018 to 2023, but only one-fourth of these jobs will fall within the middle-wage category, according to a CareerBuilder study released today. Factored into the total job growth is an expected loss of 369,879 jobs over the same time period, with middle wage...

People: Boyden, Uber, Vaco, Witt/Kieffer, Koya and more

Boyden, an executive search firm operating in more than 40 countries, named Victor Escandón as its CFO. He will be responsible for all of the firm’s strategic financial activities and initiatives, and report directly to President and CEO Trina Gordon. Most recently, Escandón was senior director of...

Size of global gig economy is $3.7 trillion: SIA

The size of the global gig economy was estimated at $3.7 trillion in 2017, said Staffing Industry Analysts President Barry Asin in a keynote speech this morning at the Collaboration in the Gig Economy conference in Dallas.

SIA considers contingent work and the gig economy to be synonymous, and it includes...

Resources Connection revenue up 26.5%

Professional staffing provider Resources Connection Inc. (NASD: RECN), which operates as Resources Global Professionals, reported revenue rose 26.5% in its fiscal first quarter 2019 ended Aug. 25.

The results include revenue from Chicago-based Accretive Solutions Inc., which was acquired...

Retailers to hire more temp workers this holiday season

The National Retail Federation expects retailers to hire between 585,000 and 650,000 temporary workers this holiday season, up from last year’s 582,500.

Several companies have already announced plans to increase seasonal holiday hiring this year.

The retail trade association also expects holiday retail...

Mitchell Martin acquires staffing firm specializing in the Salesforce ecosystem

Mitchell Martin Inc. acquired TwentyPine, an IT staffing firm specializing in the Salesforce ecosystem. The acquisition is part of Mitchell Martin’s strategy to penetrate high-growth niche markets and will expand the scope of its consultant network.

TwentyPine’s clients include existing Fortune 500...

ZipRecruiter lands $156 million investment, valuation now at $1.5 billion

Jobs website ZipRecruiter today announced a $156 million investment. The company said the Series B financing will be used to accelerate its growth and further develop its artificial intelligence-powered matching technology and mobile apps.

Wellington Management Co. and returning investor IVP co-led the...

Jobless claims average edges up, but still indicates labor market strength

The US four-week moving average of initial claims for unemployment insurance edged up to 207,000 last week, up 500 from the previous week’s average, the US Department of Labor reported. The previous week’s average was revised upward by 250.

The four-week moving average smooths the volatility of the...

Global CEO confidence falls to lowest level in two years: The Conference Board

Global CEO confidence fell in the third quarter following a slight decline in the second quarter, according to The Conference Board. Its measure of CEO confidence decreased to a level of 55 from 63 in the second quarter.

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

“CEO...