Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Staffing firm owner jailed over factoring fraud

April 18, 2014

A former Florida staffing firm owner was sentenced to 10 years in prison in a scheme that caused a loss of more than $2.7 million to a factoring company, the U.S. Attorney’s Office announced.Otto Biltres, 42, of Tarpon Springs, Fla., submitted a series of fraudulent invoices to TempPay Inc., an O...


Feds sue over unpaid wages for hotel workers

April 18, 2014

The U.S. Department of Labor filed two lawsuits in the federal district court in Columbus seeking back wages and an equal amount in liquidated damages for 89 workers at five Columbus, Ohio-area hotels.One lawsuit addresses violations of the Fair Labor Standards Act’s minimum wage and overtime pro...


IT and government workers most prone to weight gain

April 18, 2014

Thirty-nine percent of U.S. workers have gained weight at their current job, while 16 percent said they lost weight, according to a survey released by CareerBuilder.Industries that outpaced the national average for weight gain include: Information technology – 50 percent Government – 48 per...


Corporate Resource Services delays 10-K filing

April 18, 2014

New York-based staffing firm Corporate Resource Services Inc. (NASD: CRRS) will not meet its extended deadline for filing its annual report on Form 10-K with the Securities and Exchange Commission. It expects to complete its Form 10-K and file it with the SEC within the next few weeks, according...


Rhode Island posts highest jobless rate

April 18, 2014

Rhode Island posted the highest unemployment rate among all states in March at 8.7 percent, according to data released today by the U.S. Bureau of Labor Statistics. Nevada and Illinois followed at 8.5 percent and 8.4 percent, respectively. California was next at 8.1 percent.North Dakota posted th...


People: AlphaStaff, Eagle, Whitaker

April 18, 2014

Here are recent promotions, new hires and other personnel announcements made by staffing firms. Today’s listings include announcements from AlphaStaff, Eagle Professional Resources and The Whitaker Companies.AlphaStaff, a professional employer organization based in Fort Lauderdale, Fla., appointe...


Syntel revenue rises 16%

April 17, 2014

Information technology service provider Syntel Inc. (NASD: SYNT) reported revenue rose 16.1 percent in the first quarter to $219.5 million, above analysts’ estimates. And first-quarter gross margin improved to 43.7 percent from 41.1 percent in the year-ago quarter.Banking and financial services a...


Beige Book reports skilled worker shortages

April 17, 2014

Labor market conditions were mixed but generally positive, according to the Federal Reserve’s Beige Book report released yesterday. Employers in several districts reported difficulty finding skilled workers.Information technology workers were needed, according to the New York; Richmond, Va.; and...


Jobless claims average at lowest level since 2007

April 17, 2014

The U.S. four-week moving average of initial claims for unemployment insurance fell by 4,750 in the week ended April 12 to 312,000 from the previous week’s upwardly revised figure of 316,750, according to seasonally adjusted numbers released today by the U.S. Department of Labor. This is the lowe...


SMB firms: 36% to hire contract and permanent workers

April 17, 2014

A new SMB Job Generation Outlook survey by executive search firm Lucas Group found that 36 percent of small- and medium-sized businesses plan to hire a combination of contract and permanent employees in the next quarter. And 7 percent plan to hire only contract employees in the next quarter — the...