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US nonmanufacturing activity index decelerates in November

December 5, 2017

Economic activity in the US nonmanufacturing sector expanded in November at a slower rate than in October, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index fell in November to a reading of 57.4 from October’s reading of 60.1....


Louisiana staffing firm files for Chapter 11 bankruptcy protection (KPLC)

December 5, 2017

Coastal Staffing in Sulphur, La., filed for Chapter 11 bankruptcy protection, according to a report Monday by KPLC television in Lake Charles, La. The staffing provider had already been sued by workers claiming they were not fully paid for disaster relief work done in Texas after Hurricane Harvey. An...


No more job interviews thanks to all-knowing AI? — Staffing quote of the week

December 5, 2017

Job interviews might not be perfect, both sides could lack important information. “But if there’s a machine that knows everything — like a god — knows about your past experiences, about your projects, your culture — the machine is going to tell you that there’s a perfect fit and both parties...


Temp revenue growth accelerates to median 7% in October indicating strength of market, Pulse survey finds

December 4, 2017

US temporary staffing revenue rose a median 7% year over year in October — an acceleration from September’s 3% rate — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.

“A median growth rate of 7% for temporary staffing overall indicates strength of demand...


NABE economists still project 2.2% growth in GDP this year, but lower job growth outlook

December 4, 2017

Economists surveyed by the National Association for Business Economics maintained their growth projections for the US economy in 2017, the association announced today. The median forecast calls real GDP growth of 2.2% this year, unchanged from the September 2017 estimate. However, the economists slightly...


Infosys taps former Capgemini exec as CEO

December 4, 2017

IT services provider Infosys appointed Salil Parekh as CEO and managing director of the company, effective Jan. 2. He replaces U B Pravin Rao, who assumed the role on an iterim basis in August when Vishal Sikka resigned after a long-running feud with the company’s founders.

Rao will continue as COO...


Private equity acquires disaster restoration staffing firm Labor Source

December 4, 2017

Private equity firm Great Range Capital acquired Labor Source, a professional staffing company headquartered in Olathe, Kan. The investment team also included company management and The Bradley Family Office (Berks Group).

Brandon Sutherland, Labor Source’s founder, retains significant ownership in...


Gig economy can make it easier for some to evade child support (Governing)

December 4, 2017

Governing reported the gig economy along with the shift to contract work is making it easier for people to evade paying child support. States require employers to report new hires to a child support database to find people who owe child support, but not all states require reporting of independent contractors....


China’s ride-hailing giant Didi Chuxing eyes Latin American market (China Daily)

December 4, 2017

Latin America is part of human cloud firm Didi Chuxing’s global expansion plans, China Daily reported. “Latin America is really relevant for China, that’s why we believe we can use our technology and experience to provide the same product in China and to our users in Latin America,” said Gu Tao,...


In tech: Firms pay up to $314,746 for AI engineers, Google adds job search tools, Entelo hires, press finds Twitter temp

December 1, 2017

Companies are investing $1.35 billion in talent with artificial intelligence expertise, Paysa reported, with the annual salary for an AI engineer of $314,746 at Uber. In other recent technology and staffing news, recruiting platform Entelo hired a former Google leader to head up AI work, Google updated...