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Hudson reports Asia-Pacific business fuels Q2 revenue growth

August 2, 2018

RPO provider Hudson Global Inc. (NASD: HSON) reported second-quarter revenue rose 14.7% in constant currency and was driven by its Asia-Pacific operations. The New York-based firm reported that loss of a contract affected revenue in the Americas and Europe.

(US$ thousands) Q2 2018 Q2 2017 ...


Dice.com parent company reports Q2 revenue falls

August 2, 2018

DHI Group Inc. (NYSE: DHX) reported first-quarter revenue fell 20.6%. The company attributed the decrease primarily to the divestitures of its nontech businesses, including the sale in May of hospitality jobs website Hcareers for $16.5 million.

DHI also announced it will close its Dice Europe operations...


Uber names former Northrop Grumman CEO as chairman (Bloomberg)

August 2, 2018

Human cloud/ride-sharing firm Uber Technologies Inc. elected Ronald Sugar as chairman. Bloomberg reported that the selection of an experienced independent chair is a victory for CEO Dara Khosrowshahi, though there’s still plenty more to do ahead of an initial public offering expected...


Jobless average falls 3,500, ‘sustained strength’ in labor market despite trade tensions

August 2, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 214,500 last week, down 3,500 from the previous week’s unrevised average, the US Department of Labor reported today.

The four-week moving average decreases the volatility of the weekly numbers. Total initial claims...


Kforce Q2 revenue rises 5%; growth in tech temp staffing

August 1, 2018

Kforce Inc. (NASD: KFRC) reported second-quarter revenue rose 5.4%. Revenue growth came from technology, the firm’s largest single segment. However, revenue fell 9.6% in finance and accounting, the company’s second-largest segment.

Overall, second-quarter flex revenue rose 5.6% at the Tampa, Fla.-based...


ADP reports PEO revenue up 9%; acquires global payroll management services provider

August 1, 2018

PEO revenue rose 9% at ADP (NASD: ADP) in the company’s fiscal fourth quarter ended June 30 to $976.7 million, driven primarily by an 8% increase in average worksite employees for the quarter.

(US$ millions) Q4 2018 Q4 2017 % change % change organic constant currency
Revenue ...


PEO Insperity reports revenue up 16% in Q2

August 1, 2018

Professional employer organization Insperity Inc. (NYSE: NSP) reported second-quarter revenue rose 15.9%. The company reported growth was driven by a 13% increase in the average number of worksite employees paid per month.

The Houston-based company attributed worksite employee growth to increased new...


Acara is new brand for Superior Group staffing operations

August 1, 2018

Today, “Acara” was announced as the new brand for Superior Talent Resources, a provider of staffing based in Buffalo, NY. “Acara,” derived from the Sanskrit word akara, stands for tradition, custom and leadership in community.

The company is the staffing division of Aleron, which ranks on Staffing...


Online job ads increase in July after three months of decline: The Conference Board

August 1, 2018

US online job ads increased in July by 170,800 to more than 4.6 million, according to The Conference Board’s report on online job ads. Gains over the month were widespread geographically and occurred in most occupations.

The July increase follows declines in June, May and April.

All of the largest 10...


Minneapolis area posts lowest jobless rate in June among large US metros

August 1, 2018

The Minneapolis-St. Paul-Bloomington area in Minnesota and Wisconsin posted the lowest unemployment rates among all large, US metropolitan areas in June at 2.8%, the US Bureau of Labor Statistics announced today.

The Cleveland-Elyria area in Ohio posted highest jobless rate among large metropolitan areas...