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H-1B visa data: IT outsourcers hire a lot but pay very little (Quartz India)

August 2, 2017

A small number of IT outsourcing companies get a disproportionately high number of H-1B visas and pay below-average wages to their workers, Quartz India reports in an analysis of US Citizenship and Immigration Services data. Almost 4,000 companies submitted H-1B visa applications in fiscal year 2016...


What's on the table this week for the ACA? (The National Law Review)

August 2, 2017

All efforts to repeal and replace — or to exclusively repeal — the Affordable Care Act have failed and the ACA remains the law. The National Law Review reports on “what’s on the table this week” that could potentially impact the ACA.


TrueBlue revenue falls 9%, but within guidance

August 1, 2017

TrueBlue Inc. (NYSE: TBI) reported revenue fell 9.3% in its fiscal second quarter to $610.1 million, within the guidance of $600 million to $615 million the company released with its first-quarter report.

Revenue fell 5% when excluding Amazon, the company’s largest customer. TrueBlue previously announced...


TriNet revenue rises 7%; WSE count edges up at PEO

August 1, 2017

Second-quarter revenue rose 7.3% at TriNet Group Inc. (NYSE: TNET). The professional employer organization also reported the total number of worksite employees edged up 1% year over year in the second quarter to approximately 329,000.

(US$ thousands) Q2 2017 Q2 2016 % change
Professional...


Temp staffing revenue bounces back to a median 9%, Pulse report finds

August 1, 2017

US temporary staffing revenue rose a median 9% year over year in June among staffing firms taking part in Staffing Industry Analysts’ monthly pulse survey. This is a rebound from the 6% rate reported for each of the three prior months.

“A median growth rate of 9% for temporary staffing overall, indicates...


PEO Insperity reports Q1 revenue up 12%

August 1, 2017

Professional employer organization Insperity Inc. (NYSE: NSP) reported revenue rose 12.5% in the second quarter, driven by an increase in the average number of worksite employees paid per month.

The average number of worksite employees paid per month in the quarter rose 10.2% year over year to 180,276....


CareerBuilder sold to investor group

August 1, 2017

An investor group led by affiliates of Apollo Global Management (NYSE: APO), along with the Ontario Teachers’ Pension Plan Board, yesterday closed on its acquisition of a majority of the outstanding equity interests in job board operator CareerBuilder LLC.

The acquisition was first announced in June....


ISM manufacturing index falls from three-year high

August 1, 2017

Economic activity in the manufacturing sector expanded in July at a slower pace than in June, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. July’s index reading registered 56.3, down from June’s three-year high of 57.8.

Any reading above 50% generally...


Word of the week: Outplacement

August 1, 2017

A service segment of the ‘other workforce solutions’ industry, “outplacement” is described in this year’s edition of Staffing Industry Analysts’ online lexicon of workforce solutions ecosystem terms as a service to guide a terminated employee of a company to a satisfactory new position or...


Interview about ‘sober’ candidates brings deluge of applicants for Ohio company (Fox 8 Cleveland)

August 1, 2017

Following a nationally televised interview over the weekend, Regina Mitchell says her family-owned metal fabricating and machining company in Hubbard, Ohio, has been overwhelmed with hundreds of people hoping to fill only two open positions, Fox 8 Cleveland reported. In the interview with CNN, Mitchell...