Daily News
US nonmanufacturing activity expands at slowest pace in a year, but jobless claims fall
August 3, 2017Economic activity in the US nonmanufacturing sector expanded in July at a notably slower pace than in June, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index fell in July to a reading of 53.9 from June’s reading of 57.4 and represents...
Recruitment process over-automated, candidates miss personal connections, Randstad US study finds
August 3, 2017While most candidates find value in technology, they are frustrated when it supersedes the human aspect of the process, according to a survey released today by Randstad US. Accordingly, 82% of respondents agreed they are often frustrated with an overly automated job search experience.
Respondents weighed...
Court ruling moves unionized gig economy one step closer (JD Supra Business Advisor)
August 3, 2017The battle over organizing workers in the on-demand economy continues to heat up, Benjamin Ebbink of Fisher Phillips writes in JD Supra Business Advisor. A federal court in Washington on Tuesday dismissed a lawsuit filed by the US Chamber of Commerce and others challenging the City of Seattle’s landmark...
Amazon hiring spree underway (The New York Times)
August 3, 2017Like other tech giants, Amazon is recruiting thousands of people with engineering and business degrees for high-paying jobs, The New York Times reports. But the vast majority of Amazon’s hiring is for its “fulfillment network” — the armies of people who pick and pack orders in warehouses and...
Kforce second-quarter revenue edges up but short of expectations
August 2, 2017Kforce Inc. (NASD: KFRC) reported second-quarter revenue edged up 1.6%, short of the firm’s expectations. Of the firm’s 10 industry verticals, six posted year over year growth; communication, manufacturing, retail and energy were particularly strong, the company said in a conference call...
Global Employment Solutions division acquires IT staffing firm Halo Group
August 2, 2017Fahrenheit IT Staffing and Consulting, a division of Global Employment Solutions, acquired Midwest IT staffing and consulting firm Halo Group and its affiliates Sonoma Consulting and Geneva Technical Services.
The transaction closed July 31.
The acquisition expands Fahrenheit IT further into the Midwest...
US adds 178,000 private sector jobs, only manufacturers reduce payrolls, ADP reports
August 2, 2017US private-sector employment rose by 178,000 jobs in July from June, according to the ADP national employment report. July’s gain fell short of the 191,000 gain in June, which was revised upward from 158,000.
Reuters reported US companies in July hired fewer workers than anticipated; its survey of economists...
Focus Search Partners acquires Dallas exec search firm
August 2, 2017Focus Search Partners, A Vaco company, acquired executive search firm Taylor Winfield, based in Dallas.
The deal doubles the size of the company and adds professionals with enterprise operating experience across multiple industries, including internet/digital media, technology/SaaS software, consumer/retail/...
Online job ads fall in July; all 10 largest occupational categories post decreases
August 2, 2017US online job ads fell by 157,700 in July to approximately 4.61 million, according to The Conference Board’s report on online job ads released today.
The Conference Board’s measure of online job ads is aimed at tracking demand for labor. However, the organization noted there has been a declining trend...
Denver area post lowest jobless rates among large metros
August 2, 2017The Denver metropolitan area posted the lowest unemployment rate among all large, US metropolitan areas at 2.5% in June, the US Bureau of Labor Statistics announced today.
The highest jobless rate among large metropolitan areas in May was posted by the Cleveland-Elyria area in Ohio, at 6.4%.
The lowest...