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Long expansions alone don’t stop employment growth (The Conference Board)

April 3, 2018

With an expansion entering its eighth year and unemployment below 5%, many economists at the outset of 2017 feared rising wage growth and tight labor markets would cause a dramatic slowdown in employment growth, writes Brian Schaitkin, a senior economist in US economic outlook and labor markets at...


CHG Healthcare names new CFO

April 2, 2018

CHG Healthcare, the second-largest healthcare staffing firm in the US, named Rob Millard as its new CFO, taking over from Sean Daily, who announced his retirement after nearly two decades with the company.

Millard most recently served as CFO at Earnest Inc. in San Francisco. His previous experience also...


US temp revenue growth decelerates to median 5% in February, Pulse survey finds

April 2, 2018

US temporary staffing revenue rose a median 5% year over year in February — a slight deceleration from 6% in January — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.

“Year-over-year revenue growth in temporary staffing was moderate in February,” SIA Research...


Funk steps down as CEO of Express Employment Professionals; Bill Stoller takes on role (The Oklahoman)

April 2, 2018

Bob Funk Sr., co-founder of staffing firm Express Employment Professionals, stepped down from his role as CEO, and is being replaced by co-founder Bill Stoller, The Oklahoman newspaper reported. The transition follows a years-long legal battle between the partners that included allegations Funk diverted...


On Assignment is now ASGN, firm completes $775 million ECS acquisition

April 2, 2018

Professional staffing firm ASGN Inc. (NYSE: ASGN) completed its $775 million acquisition of government services contractor ECS Federal LLC. Concurrent with the acquisition, On Assignment changed its name to ASGN Inc. to better reflect the combined company’s business.

On Assignment first announced the...


Hudson names new CEO; separately, Command Center taps Hudson board member as its top exec

April 2, 2018

Hudson Global Inc. (NASD: HSON), an RPO-provider based in New York, appointed board chairman Jeffrey Eberwein as CEO effective Sunday after former top exec Stephen Nolan resigned. The chairman role will now be filled by Richard Coleman, Jr., who heads the board’s compensation committee. Separately,...


ISM manufacturing index for US declines in March, respondents see labor market as ‘constraint’ to production

April 2, 2018

Economic activity in the manufacturing sector expanded in March but at a slower pace than in February, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. And firms taking part in the report indicated the labor market as a constraint to production.

March’s...


April Fools’ Day prank leads to fake news; firm claims candidates not offered marijuana

April 2, 2018

Dutch staffing firm YoungCapital on March 26 issued a press release, a twitter post and an online video saying it was offering marijuana and alcohol to job candidates as a way to calm their nerves. Yesterday, the company issued a follow-up press release saying the original press release was an April...


Staffing 360 confirms Q4 revenue up 29%, but will restate Q3 earnings

March 30, 2018

Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK, confirmed fourth-quarter revenue rose 29.1% to $59.5 million, gross margin improved to 20.0% and fourth-quarter net loss was $7.5 million. The company had reported preliminary results earlier this month. In addition,...


Command Center amid CEO transition; Q4 revenue up adjusting for prior year’s extra week

March 30, 2018

Industrial staffing provider Command Center Inc. (OTCMKTS: CCNI) reported fourth-quarter revenue fell 6.0%. However, the company said revenue was up 1.2% after normalizing for an extra week in 2016. The Lakewood, Colo.-based company had announced last month that CEO Bubba Sandford would step down effective...