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Online job ads rise in October, but measure still under review

November 1, 2017

US online job ads rose by 81,500 in October to more than 4.56 million, according to The Conference Board’s report on online job ads released today.

The organization has noted a declining trend in the number of online job ads that may not reflect the broader trend in the US labor market. “Based on...


Kforce third-quarter revenue edges up; flex revenue up 1.7%

November 1, 2017

Kforce Inc. (NASD: KFRC) reported third-quarter revenue rose 1.4%, within the firm’s guidance. Flex revenue rose 1.7% in the third quarter at the Tampa, Fla.-based professional staffing provider, but direct-hire revenue fell 6.4%.

(US$ thousands) Q3 2017 Q3 2016 % change
Revenue ...


US job market healthy despite hit to service-providing sector by weather, ADP report says

November 1, 2017

US private-sector employment rose by 235,000 jobs in October from September, according to the ADP National Employment Report. The report also noted the increase in September was revised downward by 25,000 jobs to a total increase of 110,000.

“The job market remains healthy and hiring bounced back with...


ADP plans SEC complaint against investor (Bloomberg)

November 1, 2017

Bloomberg yesterday reported Automatic Data Processing Inc. (NASD: ADP) plans to file a complaint with the US Securities and Exchange Commission over an 18-page letter activist investor Bill Ackman sent to Institutional Shareholder Services Inc. in an escalating proxy fight. In Monday’s letter, Ackman...


TrueBlue total revenue falls 5% in Q3, but rises 10% in PeopleScout RPO and MSP division

October 31, 2017

TrueBlue Inc. (NYSE: TBI) reported revenue fell 5.2% in its fiscal third quarter to $660.8 million. Revenue fell 2% when excluding Amazon, formerly the company’s largest customer.

(US$ thousands) Q3 2017 Q3 2016 % change
Revenue $660,780 $697,097 -5.2%
Gross profit ...


BG Staffing revenue rises 6% in Q3

October 31, 2017

Revenue at BG Staffing Inc. (NYSE MKT: BGSF) rose 5.7% in the third quarter. Gross margin and net income also improved at the Plano, Texas-based staffing provider.

(US$ thousands) Q3 2017 Q3 2016 % change
Revenue $71,282 $67,407 5.7%
Gross profit $18,248 $16,432 ...


Kelly Services names chief human resources officer and chief legal officer

October 31, 2017

Kelly Services Inc. (NASD: KELYA) promoted Kristin Supancich to chief human resources officer and named Hannah Lim-Johnson as chief legal officer.

Supancich most recently held the position of VP and managing director of global services at Kelly Services. Prior to that, she held VP roles managing Kelly’s...


While average starting salary falls for bachelor’s grads, computer science majors get $74,183

October 31, 2017

Salaries for the class of 2017 gained ground for several majors from this point last year but salaries for other majors dipped, according to preliminary salary survey data released by the National Association of Colleges and Employers.

The average overall salary for class of 2017 grads with bachelor’s...


Consumer confidence at 17-year high in October

October 31, 2017

The Conference Board’s consumer confidence index increased in October after a marginal improvement in September. The index rose to a reading of 125.9 (1985=100) from 120.6 in September.

“Consumer confidence increased to its highest level in almost 17 years (Dec. 2000, 128.6) in October after remaining...


‘Fabricated résumé’ and academic misrepresentation in misclassification suit — Staffing quote of the week

October 31, 2017

“In this case, he produced a fabricated résumé. He represented that he got his degree from this three-year program, which he did not complete. That’s dishonest,” US Magistrate Judge Jacqueline Scott Corley told attorney Shannon Liss-Riordan in describing the client in the GrubHub independent...