Daily News
US temporary help jobs fall in May, overall jobs up 223,000
June 1, 2018US temporary help services jobs fell by 7,800 in May from April but increased 3.0% on a year-over-year basis, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics.
The temp penetration rate — temporary jobs as a percent of total employment — ticked down to 2.03%...
Command Center to list on Nasdaq
June 1, 2018Industrial 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
June 1, 2018Economic 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
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. ...