Daily News
Employers compete for seasonal workers in ‘tough’ hiring environment: CareerBuilder
June 1, 2018Companies’ summer hiring expectations stay on par with last year’s strong plans, according to a survey released by CareerBuilder. The percentage of employers planning to hire seasonal workers for the summer remains at 41%.
Employers are targeting various workforce segments to fill their summer jobs:...
Confidence in US economy tempers among CPA execs, but hiring plans improve
June 1, 2018Optimism about the US economy tempered among certified public accountants who hold leadership positions in their companies — such as CEO, CFO or controller — since the last quarter, according to the second-quarter Economic Outlook Survey released by the American Institute of CPAs. However, hiring...
People: Heidrick, Sterling, Korn Ferry, Impellam and Xcentri
June 1, 2018Executive search provider Heidrick & Struggles (NASD: HSII) appointed Corinna Christophorou as senior VP and chief marketing officer. Based in London, Christophorou has been working as VP for market development with Heidrick & Struggles in Europe and Africa, leading the firm’s business development,...
CEO compensation up 8.7%, largest increase since 2010: Korn Ferry
May 31, 2018CEOs at the largest companies in the US in 2017 received the highest compensation increases since the Great Recession, according to the annual CEO Compensation Study released by Korn Ferry (NYSE: KFY). Median total direct compensation for CEOs increased 8.7% to $13.4 million — double...
Canadian GDP rises at slower pace in first quarter
May 31, 2018Canada’s real gross domestic product rose 0.3% in the first quarter following increases of 0.4% in each of the previous two quarters, Statistics Canada reported. Expressed at an annualized rate, real GDP rose 1.3% in the first quarter; in comparison, real GDP in the US rose at an annualized rate...
Hedge fund acquires stake in Dice.com's parent company; willing to acquire DHI
May 31, 2018TCS Capital Management LLC acquired a large stake in the DHI Group Inc. (NYSE: DHX), which operates Dice.com and other job boards, according to a filing with the US Securities and Exchange Commission. The hedge fund also expressed interest in a cash buyout.
The filing stated that TCS informed DHI’s...
Beige Book: Filling positions difficult as labor market remains tight
May 31, 2018Employment rose at a modest-to-moderate rate across most districts in late April and early May, according to the Federal Reserve’s Beige Book report released Wednesday. The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current economic conditions. ...
Jobless claims average up, initial claims fall 13,000
May 31, 2018The US four-week moving average of initial claims for unemployment insurance rose 222,250 last week, up 2,500 from the previous week’s unrevised average, the US Department of Labor reported.
The four-week moving average decreases the volatility of the weekly numbers. Total initial claims for unemployment...
H-1B visa fraud hotline gets more than 5,000 tips (Newsweek)
May 31, 2018US Citizenship and Immigration Services received more than 5,000 tips reporting alleged H-1B visa fraud and abuse through a hotline set up last year, spokesperson Philip Smith told Newsweek. The Fraud Detection and National Security Directorate, which fronts USCIS’s efforts to combat immigration...
Aya Healthcare acquires San Diego-based locum tenens staffing firm
May 30, 2018Aya Healthcare, a provider of travel nursing and workforce solutions to hospitals, acquired Locums Unlimited, a San Diego-based locum tenens staffing company. Locums Unlimited places physicians in locum tenens and temp-to-perm jobs nationwide.
Aya Healthcare ranks No. 7 on Staffing Industry Analysts’...