Command Center to list on Nasdaq

Industrial staffing provider Command Center Inc.’s (OTCMKTS: CCNI) application to list its common stock on the Nasdaq Capital Market received final approval; it expects to begin trading on Nasdaq at the opening of the market on June 6 under the ticker symbol “CCNI.”

The Lakewood, Colo.-based...

ISM manufacturing index for US accelerates in May, employment portion up despite labor and skills shortages

Economic activity in the manufacturing sector expanded in May at a faster pace than in April, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. And the panel of firms taking part in the report indicated production and employment continue to expand despite...

Employers compete for seasonal workers in ‘tough’ hiring environment: CareerBuilder

Companies’ 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

Optimism 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

Executive 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

CEOs 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

Canada’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

TCS 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

Employment 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

The 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...