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Kforce second-quarter revenue edges up but short of expectations

August 2, 2017

Kforce 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, 2017

Fahrenheit 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, 2017

US 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, 2017

Focus 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, 2017

US 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, 2017

The 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...


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...