Consumer confidence index gains, but does not point to accelerating growth

The Conference Board’s consumer confidence index increased marginally in July. The index rose to a reading of 127.4 (1985=100) from 127.1 in June.

“Consumer confidence gained marginal ground in July, after a modest decline in June,” said Lynn Franco, director of economic indicators at The Conference...

Carl Camden on barriers to pursuing independent work – Staffing quote of the week

“There is a group of people who desperately want to be employees,” Carl Camden, former CEO of Kelly Services Inc., said in an interview in Forbes. “To a large degree, the reason they want this is our country has put in so many barriers to pursuing independent work. The only way to get access to...

2018 list of largest US staffing firms: 143 with revenue of over $100 million

Staffing Industry Analysts released its annual list of largest US staffing firms, which includes 143 firms with US staffing revenue that exceeded $100 million in 2017.

“The 143 companies included in this year’s report generated a combined revenue of $83.6 billion and had an estimated 58.6% of market...

Volt forms new solutions groups

Volt Information Sciences Inc. (NYSE MKT: VISI) today announced it formed a strategic solutions group and a global solutions group. The move comes after the company announced last month it was evaluating potential strategic alternatives, including a possible sale, and President and CEO Michael...

Staffing firm among three acquisitions by Care.com

Human cloud firm Care.com (NYSE: CRCM) — a Waltham, Mass.-based firm that connects families to caregivers for children, seniors and pets — acquired three San Francisco Bay Area-based companies: Town + Country, a household staffing agency in the market; Galore, a marketplace to book classes...

‘Portable benefits’ for workers get global discussion (World Employment Confederation)

The World Employment Confederation — the global group of that represents both large staffing firms and countries’ staffing industries — discussed “portable rights” for workers as they change jobs during a global conference on labor and employment in Korea. The World Employment Confederation...

North Dakota staffing agency settles claims over nurse pay (US News & World Report)

Dakota Travel Nurse, a nurse staffing agency in North Dakota, settled a federal lawsuit over wage disputes with more than 100 nurses, according to a story in US News & World Report. The nurses alleged they weren’t properly compensated for overtime under state law and were overcharged for company-provided...

GDP grows at 4.1% in Q2, fastest rate since 2014

US real gross domestic product grew at an annual rate of 4.1% in the second quarter, the fastest rate in almost four years, according to the “advance” estimate of GDP growth released today by the US Commerce Department. It was the fastest growth since 2014.

The department also revised the increase...

BG Staffing’s Q2 revenue up 3% amid growth in real estate, light industrial staffing

Revenue at BG Staffing Inc. (NYSE MKT: BGSF) rose 3.2% in the first quarter. Gross margin improved at the Plano, Texas-based staffing provider. Revenue rose in the company’s real estate and light industrial segments, but fell in its professional staffing segment

Beware of ‘no-poaching’ deals in recruiting (Staffing Industry Review)

Agreements among competitors not to hire one another’s employees — or limit wages and benefits — can run afoul of the law, Dan Forman writes in the July/August 2018 issue of Staffing Industry Review magazine. “A failure to comply with all antitrust laws, including the bar on anti-poaching, will...