Toyota invests $1 billion in fourth-largest human cloud, ride sharing platform

Toyota Motor Corp. announced today it will invest $1 billion in Grab Holdings Inc., a Singapore-based human cloud, ride-sharing firm. A new report by Staffing Industry Analysts ranks Grab as the fourth-largest business-to-consumer human cloud platform after Uber, Didi Chuxing and Lyft.

Grab’s deal includes...

Hiring plans ‘relatively stable’ in Mexico; concerns linger over election, NAFTA and skill shortage

Mexican employers continue to report steady hiring plans for the upcoming quarter, according to a survey by ManpowerGroup Inc. (NYSE: MAN). Payrolls are expected to increase by varying margins in all seven regions and all seven industry sectors.

The survey found 14% of employers in Mexico forecast an...

US economy growing at steady pace, but threats include trade war

The US economy is growing at a steady pace, but there are potential threats that could affect it, according to the University of California Los Angeles Anderson Forecast second-quarter report for 2018.

Those threats include a trade war with US trading partners; uncertainties in Italian politics and their...

ManpowerGroup survey says US hiring to remain strong in Q3

US employers’ hiring outlooks remain strong for the third consecutive quarter, according to the latest Manpower Employment Outlook Survey, released today by ManpowerGroup Inc. (NYSE: MAN). The US ranked among the strongest outlooks for hiring among the 44 countries surveyed in the report. Other...

Canadian employers still confident in economy for Q3: survey

Canadian employers continue to be confident in the economy, according to the third-quarter Employment Outlook Survey released today by ManpowerGroup Inc. (NYSE: MAN). Canadian organizations plan to add staff across all 10 industry sectors in the third quarter.

The Canada survey found 20% of...

CFO of ADP to step down

ADP (NASD: ADP) CFO Jan Siegmund notified the company of his intention to leave, according to a filing today with the US Securities and Exchange Commission. Siegmund’s departure date has not been determined and no reason was provided.

Siegmund joined ADP in June 1999 as VP, corporate strategy. In 2000,...

Millennials rank top workplaces, helping workers grow is a top factor

Millennials are less likely than baby boomers to say that creativity and fun are “extremely important” to them when applying for a job, according to data from Indeed. How an organization will help them learn, grow and further their careers is what matters most to them.

The oldest members of this millennial...

Tech pros say discrimination and bias still persist: Dice

Technology professionals in the US and UK believe discrimination and bias are still major problems in the tech industry, particularly as inclusiveness relates to gender, according to a report released today by job board Dice. The Dice Diversity Survey and Report found 85% of female technology professionals...

Perception of the contingent workforce – Quote of the week

“Because of social media and stories out there, I think the perception of the contingent workforce has been inflated,” Tom Gimbel, chief executive of Chicago-based staffing provider LaSalle Network told The New York Times in an article about the US Bureau of Labor Statistics release of new data on...

Global staffing revenue hits $461 billion, SIA forecast calls for 7% growth

The global staffing industry generated an estimated $461 billion in revenue worldwide in 2017, according to the “Global Staffing Industry Market Estimates and Forecast: May 2018 Update” released by Staffing Industry Analysts. Three countries — the US, Japan and the UK — comprised a majority of...