June 23, 2016
The engineering segment of the US temporary staffing market is projected to decline by 1% in 2016, following a 3% fall in 2015, according to Staffing Industry Analysts’ recently published 2016 US Staffing Industry Forecast. Despite certain sub-sectors of the engineering staffing market performing well, especially automotive, chemical and mechanical, the decline is in large part driven by the difficulties in the oil and gas staffing landscape and in particular the upstream sub-sector.
Difficult oil and gas staffing climate driving M&A activity
21 June 2016
The engineering segment of the US temporary staffing market is projected to decline by 1% in 2016, following a 3% fall in 2015, according to Staffing Industry Analysts’ recently published 2016 US Staffing Industry Forecast. Despite certain sub-sectors of the engineering staffing market performing well... More
Gross margins rise at engineering, IT staffing firms
21 June 2016
Gross margins at engineering and IT staffing firms rose 70 basis points year over year on a surge in perm placement revenue, according to the 2016 TechServe Alliance Operating Practices Report.
Randstad plans to buy consulting/engineering firm
21 June 2016
Global staffing provider Randstad Holding nv announced plans to acquire France-based Ausy, an international consulting and engineering firm.
Randstad to acquire Japan-based Careo Group
21 June 2016
Global staffing provider Randstad Holding nv agreed to acquire Careo Group in Japan for an undisclosed sum, doubling its presence in the Tokyo area, and its engineering/IT business.
Increased turnover, skills shortage, concern US companies
21 June 2016
The inadequate supply of qualified and skilled talent is the second-biggest threat to US companies’ ability to meet revenue or business performance targets, second only to “increased competitive pressures,” according to the Randstad US Workplace Trends report.
Female engineers in UK say young women unaware of engineering opportunities
21 June 2016
Almost three-quarters of female engineers, 71.7%, don’t believe young women are being made aware of the career opportunities available in the sector, according to independent job site CV-Library.
US engineering jobs return to modest growth
21 June 2016
The number of engineering jobs in the US edged up 0.1% in April from March to more than 2.5 million, reported TechServe Alliance, an association of IT and engineering staffing companies. Year over year, the increase was an anemic 0.8%, adding 21,100 engineering workers.
Japanese government wants to recruit 40,000 engineers from India (The Times of India)
21 June 2016
The Japanese government wants to recruit 40,000 engineers from the Indian state of Karnataka, The Times of India reported.