RCM Technologies Q4 revenue up 16%

Fourth-quarter revenue rose 15.5% at RCM Technologies Inc. (NASD GM: RCMT), a Pennsauken, NJ-based staffing provider. However, gross margin narrowed, and the company reported a $3.5 million goodwill impairment charge associated with its IT segment.

US private sector adds fewer jobs in February than previous month, but market still ‘red hot’

US private sector employment rose by 235,000 jobs in February, down from the gain of 244,000 in January but still “red hot,” according to the ADP National Employment Report.

“The labor market continues to experience uninterrupted growth,” said Ahu Yildirmaz, VP and co-head of the ADP Research...

Strong economy, strong staffing market; eight trends affecting staffing

From the global economy to the gig economy, and from the rise of Asia to the skills shortage, Staffing Industry Analysts released a new report that takes a high-level view of eight trends affecting the staffing industry in 2018.

Here’s a brief look at eight trends affecting staffing this year. The full...

Yoh acquires German IT recruitment firm GECO Deutschland

Technology staffing firm Yoh acquired GECO Deutschland, a Hamburg, Germany-based specialty IT recruitment firm. Yoh reported the acquisition expands its IT specialty staffing practice area internationally.

The transaction closed March 1; terms were not disclosed. GECO Asia and GECO Systems were not included...

Less than half of employees say their firms are diversity employers of choice, Randstad US survey finds

Less than half of male and female employees consider their companies to be diversity employers of choice at 47% and 45% respectively, according to a survey released today by Randstad US.

The research also found majority of employees, 78%, say a workplace where people are treated equally — regardless...

Trillium buys Florida-based event staffing firm

Trillium Staffing acquired Tampa, Fla., based Roy’s Staffing Inc., effective Feb. 5. Trillium reported the acquisition marks the largest expansion into the hospitality staffing and event staffing sector for the Trillium Hospitality brand, which provides servers, bartenders, chefs, cooks, supervisors,...

US wage growth edges up in February, fastest in San Francisco

US wage growth accelerated slightly in February, according to data from Glassdoor. The annual median base pay in the US grew 1.0% year over year in February to $51,975, up from the 0.6% revised pay growth in January. Pay growth peaked more than a year ago in January 2017 at a revised 3.4%.

Among the 10...

Word of the month: Recruitment process automation

“Recruitment process automation” is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as the use of technology, and more specifically artificial intelligence, to automate parts of the recruitment process from sourcing through to matching, shortlisting,...

ManpowerGroup owes $25 million more, claim 7S sellers

Sellers of Germany-based staffing firm 7S to ManpowerGroup (NYSE: MAN) claim they are owed an additional $25.0 million plus interest in contingent consideration related to the acquisition, according to a 10-K filing with the US Securities and Exchange Commission.

ManpowerGroup acquired 7S in 2015, but...

Private equity firm invests in Lyneer Staffing Solutions

Private equity firm Palm Beach Capital invested in national staffing company Lyneer Staffing Solutions LLC.

Todd McNulty and Jim Radvany are Lyneer’s principal owners. Financial terms were not disclosed.

Headquartered in Ewing Township, NJ, Lyneer targets the commercial, professional, financial, direct...