Executive search firm ZRG Partners’ industrial hiring index rises in quarter

Executive search firm ZRG partners reported its Global Industrial Hiring Index rose to a reading of 122.0 in the third quarter from the second quarter’s reading of 112.7. And it was up from a reading of 107.1 in the third quarter of last year.

“With the index matching its four-year high, there is...

Texas judge orders drilling company to pay $363,422 in independent contractor misclassification suit

A federal judge in Texas ruled a Houston-based drilling company must pay $363,422 in back wages and liquidated damages to a group of “directional drillers consultants” misclassified as independent contractors, according to court records.

The workers had sued Premier Directional Drilling arguing they...

Uber’s losses increase to almost $1.5 billion in the third quarter (Bloomberg)

Bloomberg reported that human cloud, ride-sharing firm Uber lost $1.46 billion in the third quarter, up from a loss of $1.06 billion in the previous quarter. Uber told stockholders that gross bookings — a key yardstick of demand for ride services — rose 11% quarter over quarter to $9.71 billion and...

Staffing 100 deadline coming up; why SIA seeks nominations (The Staffing Stream)

The nomination process for the Staffing 100 North America is set to close tomorrow; this list includes some of the most influential people in the staffing industry. Subadhra Sriram writes in a Staffing Stream post why SIA seeks nominations from the workforce ecosystem for its list. For a link to the...

Recruit Holdings establishes USG People as head office for staffing operations; announces promotions

USG People will become the head office for Recruit Holdings Co. Ltd.’s global staffing operations, and USG will change its name to Recruit Global Staffing, the company announced today.

Recruit acquired Netherlands-based USG People in 2016.

The company announced Hitoshi Motohara, the current head of Recruit...

Softbank offers to buy Uber shares at 30% discount

Japan-based SoftBank Group Corp. offered to purchase Uber Technologies Inc. shares at a 30% discount to their current value, according to media reports. The human cloud, ride-sharing firm approved an investment earlier this month.

SoftBank Group, an internet and telecommunications giant, and a group of...

Job seekers focusing on ‘transactional’ elements, staffing CEO says — Staffing quote of the week

“Workplace sentiments are in constant flux, and this year, it seems that job seekers have reoriented their focus squarely on the more transactional elements of the workplace — gaining new skills, career pathing, and overall professional development,” said Addison Group CEO Tom Moran regarding results...

Staffing firms benefit from administrative exemption ruling (The National Law Review)

Finding that certain account managers exercised discretion and independent judgment when matching candidates with temporary positions, the Sixth Circuit Court of Appeals recently held that these temporary staffing firm employees fell within the Fair Labor Standards Act’s administrative exemption, Patrick...

Judge gives preliminary approval to $5.6 million settlement with staffing firm

A federal judge in California on Monday gave preliminary approval to a $5.6 million settlement in a wage-and-hour class-action lawsuit against Staffmark Holdings Inc., according to court records.

The settlement class includes workers employed by Staffmark at CEVA Logistics US operating centers in California...

Consumer confidence holds at 17-year high in November, job market outlook more upbeat

The Conference Board’s consumer confidence index increased again in November after improving in October. The index rose to a reading of 129.5 (1985=100) from 126.2 in October.

“Consumer confidence increased for a fifth consecutive month and remains at a 17-year high (Nov. 2000, 132.6),” said Lynn...