Automation may require up to 375 million to reskill by 2030, McKinsey report says

Between 75 million and 375 million workers globally will have to switch occupational categories and learn new skills by 2030 because of automation such as AI and robotics, according to a new report from McKinsey Global Institute, a think tank that is part of management consulting firm McKinsey &...

Beige Book: Employment growth, tight labor markets

Employment growth increased in October and mid-November, according to the Federal Reserve’s Beige Book report released Wednesday. The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current economic conditions. Most districts characterized the employment...

University lists top 10 emerging careers for college grads in the US; interpreters top list

The University of California San Diego Extension Center for Research on the Regional Economy released its annual list of the top 10 emerging careers for college grads in the US. Interpreters and translators topped the list.

The list aimed to identify the top 10 occupations by combining the highest projected...

Minneapolis, Nashville areas post lowest jobless rates among large US metros

The Minneapolis-St. Paul-Bloomington metropolitan area in Minnesota and the Nashville-Davidson-Murfreesboro-Franklin metropolitan area in Tennessee posted the lowest unemployment rates among all large, US metropolitan areas at 2.3% each in October, the US Bureau of Labor Statistics announced today.

The...

Jobless claims average up, but initial claims fall in Thanksgiving week

The US four-week moving average of initial claims for unemployment insurance rose to 242,250 last week, up 2,250 from the previous week’s revised average, according to seasonally adjusted numbers released today by the US Department of Labor.

The previous week's average was revised up by 250.

The four-week...

Texas court upholds ruling for Robert Half in temp case (The SE Texas Record)

The SE Texas Record reported an appeals court upheld Robert Half International Inc.’s (NYSE: RHI) summary judgment in a lawsuit alleging it was negligent in recommending a temp who eventually embezzled $160,000 from the Texas construction company she was placed with by its Accountemps division. Robert...

Technology evolving, staffing firms scramble to stay in front (Staffing Industry Review)

Technology is evolving rapidly, and staffing firms must scramble to stay on top, according to an article in the latest issue of Staffing Industry Review magazine. Those technologies include artificial intelligence, online staffing, chatbots and other automation. However, some also add that while technology...

GDP growth in Q3 gets upward revision to 3.3%, fastest pace in three years

US real gross domestic product grew at an annual rate of 3.3% in the third quarter, according to the second estimate of GDP growth released today by the US Commerce Department. The new estimate is up from the previous estimate that pegged growth at 3.0%; it reflects upward revisions to nonresidential...

Bullhorn acquires Peoplenet, announces closing of its own sale to private equity firm

Bullhorn, the staffing and recruitment software firm, acquired Peoplenet, an Atlanta-based timekeeping software firm. Bullhorn said the acquisition will help accelerate its cloud-based strategy for staffing firms with solutions for time, attendance and expense management.

The deal closed last week and...

Staffing buyer says challenges remain after losing 35% of agency workers in wake of US government audit

A Switzerland-based staffing buyer, Aryzta AG, is struggling with a bakery operation it owns in the US after losing 35% of its contingent workers earlier this year because of missteps at a staffing provider.

The Chicago Tribune newspaper reported the company said challenges remain as it works with its...