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US private sector adds 204,000 jobs in April with ‘little sign of a slowdown’

May 2, 2018

US private sector employment rose by 204,000 jobs in April from March despite a tight labor market, according to the ADP National Employment Report. March’s gain was revised downward to 228,000 from the initially reported 241,000.

“The labor market continues to maintain a steady pace of strong...


TrueBlue Q1 revenue falls 2%; sells PlaneTechs business for $11 million

May 1, 2018

TrueBlue Inc. (NYSE: TBI) revenue fell 2.4% in the first quarter with declines in its PeopleManagement and PeopleReady segments. The decline at PeopleManagement was attributed to the sale of PlaneTechs and client demand, which declined at several locations. The decline at PeopleReady was mainly attributable...


BG Staffing’s Q1 revenue up 18%, increases in professional and multifamily apartment staffing

May 1, 2018

Revenue at BG Staffing Inc. (NYSE MKT: BGSF) rose 17.6% in the first quarter and gross margin improved at the Plano, Texas-based staffing provider.

(US$ thousands) Q1 2018 Q1 2017 % change
Revenue $66,855 $56,844 17.6%
Gross profit $17,310 $13,671 26.6% ...


PEO TriNet’s revenue rises 7% in first quarter

May 1, 2018

First-quarter revenue rose 7% at professional employer organization TriNet Group Inc. (NYSE: TNET). Net income jumped, however, the San Leandro, Calif.-based firm reported, and the average number of worksite employees fell 4% year over year to approximately 315,000.

(US$ millions) Q1 2018 Q1...


Employers increase AI investments to attract talent, improve brands, Randstad Sourceright survey says

May 1, 2018

Businesses are making significant investments in artificial intelligence technologies to help attract and hire skilled workers in an increasingly tight labor market, according to information from Randstad Sourceright’s Q2 2018 Talent Trends report.

The report’s survey included more than 800...


Upwork ranks blockchain as fastest-growing skill on its platform

May 1, 2018

Blockchain topped online staffing provider Upwork’s first-quarter list of the 20 fastest-growing skills in the US freelance job market. Blockchain’s growth exceeded 2,000% for three quarters in a row on Upwork.com, and it posted more than 6,000% year-over-year growth in the first quarter. 

Staffing...


ISM manufacturing index for US declines in April, panel cites labor and skills shortages

May 1, 2018

Economic activity in the manufacturing sector expanded in April but at a slower pace than in March, 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 labor and skill shortages continue to restrain...


US finance and accounting staffing revenue to grow 4% this year on macroeconomic trends, SIA report finds

April 30, 2018

US finance and accounting temporary staffing revenue is forecast to increase 4% this year to $8.4 billion largely driven by macroeconomic growth factors, according to a new report, “Finance & Accounting Staffing Growth Assessment” by Staffing Industry Analysts.

Increases in business spending are...


Staffing 360’s preliminary results show Q1 revenue up 37% with acquisitions

April 30, 2018

Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK, reported preliminary first-quarter results today. And the New York-based firm said revenue grew 37% in the quarter to approximately $55.8 million with help from acquisitions. Staffing 360 expects to file results...


PEO Insperity reports Q1 revenue rises 15%

April 30, 2018

Professional employer organization Insperity Inc. (NYSE: NSP) reported first-quarter revenue rose 14.9% on a 12.2% increase in the average number of worksite employees paid per month.

The Houston-based company attributed worksite employee growth to strong new client sales driven by an increase in the...