Stock market correction on Monday impacts staffing shares

Shares in some of the largest US staffing firms by revenue saw shares fall in Monday’s market correction, according to data from Yahoo.

Robert Half International (NYSE: RHI) closed down 3.25% on Monday, Kelly Services (NASD: KELYA) closed down 0.24%, and ManpowerGroup closed down 4.19%

However, as of...

CEO of defunct gig economy platform WrkRiot pleads guilty

The founder and CEO of job-seeking platform WrkRiot pleaded guilty Monday to defrauding several employees of the now-defunct Silicon Valley technology startup company, the US Department of Justice announced.

Isaac Choi — who also went by four other names — pleaded guilty to one count of wire...

Upwork CEO says rethink talent models — Staffing quote of the week

“For companies to survive digital transformation they must rethink their talent models. Hiring is hard and will only get harder, with extreme competition for talent and positions at enterprise companies open more than 40 days on average,” said Stephane Kasriel, CEO of Upwork and co-chair of the World...

US job openings edge down to seven-month low

The number of US job openings was edged down slightly on the last day of December from the previous month, according to the latest numbers released today by the US Bureau of Labor Statistics. The number of hires also changed little in December.

Bloomberg reported job openings in the US unexpectedly declined...

Nashville area post lowest jobless rate in December among large US metros

The Nashville-Davidson-Murfreesboro-Franklin metropolitan area in Tennessee posted the lowest unemployment rate among all large, US metropolitan areas at 2.4% in December, the US Bureau of Labor Statistics announced today.

The highest jobless rate among large metropolitan areas in December was posted...

ManpowerGroup appoints exec to lead new Assessment Center of Excellence

ManpowerGroup (NYSE: MAN) appointed Tomas Chamorro-Premuzic as chief talent scientist to lead its new Assessment Center of Excellence, effective March 1. The new center of excellence will focus on innovation and offerings in data-driven insight, upskilling and leadership development.

“This investment...

Jobs growth index shows no signs of slowing, encourages more to join labor force: The Conference Board

Jobs growth in the US shows no sign of a slowdown, according to The Conference Board’s Employment Trends Index, which rose in January to a reading of 106.93 after an increase in December as well.

“The Employment Trends Index continues its solid path upwards and shows no sign of slowing down,”...

Exec search firm Heidrick announces new CFO and COO, makes other executive changes

Heidrick & Struggles International Inc. (NASD: HSII) announced a new CFO and chief operating officer among other executive changes. The Chicago-based executive search and leadership assessment firm also named a new managing partner for its Centers of Excellence.

Mark Harris joined the firm to succeed...

PEO CoAdvantage’s new CEO comes from firm it acquired

CoAdvantage Corp., one of North America’s largest professional employer organizations, appointed Clinton Burgess as CEO of the combined CoAdvantage organization.

The appointment took effect in November 2017. Burgess replaces Mike Maseda, who is no longer with the company.

Burgess previously was CEO of...

About a third of workers tried to negotiate starting pay, Robert Half survey says

Only about one-third of employees, 39%, tried to negotiate pay with their last job offer, according to a survey by Robert Half International Inc. (NYSE: RHI). Among people in the 27 US cities surveyed, those in New York, Dallas and San Francisco were most likely to ask for more pay.

In terms of gender,...