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Word of the week: Gross margin

August 8, 2017

“Gross margin” is described in this year’s edition of Staffing Industry Analysts’ online lexicon of workforce solutions ecosystem terms as the difference between the bill rate for the temporary services and the direct costs of employment (pay rate plus burden and/or mandatory benefits)....


Syracuse professor gets $52,000 to study gig economy (Syracuse University News)

August 8, 2017

A Syracuse University professor received a $52,000 grant from the National Science Foundation to study the gig economy, Syracuse University reported. “While we know that gig-based jobs are growing in popularity for workers across the spectrum, we don’t have a great understanding of what it takes...


Job openings rise 8% in June, but little change in hiring

August 8, 2017

The number of US job openings rose 8.1% in June from May, but the hires rate was little changed, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics.

The job openings rate — a measure of job openings compared with total employment — rose to 4.0% in June from...


List ranks largest US healthcare staffing firms; AMN is biggest

August 7, 2017

AMN Healthcare Services Inc. (NYSE: AHS) again ranked as the largest healthcare staffing firm in the US in terms of healthcare temporary staffing revenue, according to Staffing Industry Analysts’ 2017 report on the largest healthcare staffing firms. CHG Healthcare ranked second, followed by Cross Country...


Indeed acquires job assessment tech provider

August 7, 2017

Job search site Indeed acquired Interviewed, an HR technology company that helps employers to identify and evaluate candidates. Indeed is a subsidiary of Recruit Co. Ltd., one of the world’s largest staffing firms.

Interviewed, founded in 2015 out of San Francisco, provides a series of automated job...


Pershing Square Capital seeks control of ADP

August 7, 2017

ADP (NASD: ADP) investor Pershing Square Capital Management is seeking effective control of ADP through five board seats at ADP’s 2017 annual meeting as well as the replacement of CEO Carlos Rodriguez. The Roseland, NJ-based professional employer organization provides other services, including paycheck...


US to add 8 million jobs by 2022, but middle-wage employment to lag

August 7, 2017

The US will add a projected 8.2 million jobs from 2017 to 2022 while 302,930 will be lost, according to CareerBuilder’s analysis of labor market trends. This results in a net total of 7.9 million new jobs over this time period, or 5% growth.

While job growth is expected across pay levels, the study...


Employment Trends Index rises, more strong job gains coming

August 7, 2017

The Conference Board’s US Employment Trends Index rose in July to a reading of 133.77 from June’s downwardly revised reading of 132.42. Data indicates more strong job gains going forward.

“Those who have been following The Conference Board’s Employment Trends Index are not surprised by the strong...


SoftBank CEO seeks either Uber or Lyft investment (TechCrunch)

August 7, 2017

TechCrunch reports SoftBank CEO Masayoshi Son today told investors he is interested in pursuing a deal with human cloud firm Uber; however, he also said SoftBank is considering buying into Uber’s US competitor Lyft instead. SoftBank is the largest investor in ride-sharing firms Didi Chuxing in China,...


Manpower exec says 65% of tomorrow’s jobs don’t exist today (CNBC)

August 7, 2017

Mark Cahill, the UK managing director at Manpower, told CNBC that as much as 65% of the jobs that the next generation of workers will have do not exist today. Work automation technology will change the workplace, but it will create different kinds of jobs.