ISM manufacturing index falls from three-year high

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

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)

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...

Private equity firm to acquire CDI for $157.5 million

CDI Corp. (NYSE: CDI), a Philadelphia-based provider of IT and engineering staffing, agreed to be acquired by affiliates of AE Industrial Partners LLC, a private equity investor specializing in aerospace, power generation and specialty industrial companies. Upon completion of the transaction, which is...

Staffmark CEO takes on corresponding role at Advantage Resourcing

Recruit Holdings, one of the world’s largest staffing firms, placed its US-based companies — Advantage Resourcing and Staffmark — under one CEO. Effective July 29, Staffmark CEO Geno Cutolo also oversees Advantage Resourcing operations as CEO of Advantage Resourcing America Inc.

Cutolo took over...

SIA ranks largest IT staffing firms in US by revenue

Allegis Group’s TEKsystems division ranks as the largest supplier of IT temporary staffing in the US with a 12% market share, according to Staffing Industry Analysts’ 2017 list of largest IT staffing firms in the US released last week. On Assignment ranks No. 2 with a market share of 6% and Insight...

Hospitality Staffing Solutions expands in Denver with acquisition

Hospitality Staffing Solutions LLC — a staffing provider for the hospitality industry — acquired DEZ Staffing LLC, which provide hospitality and industrial staffing services in the Denver market.

The transaction closed today and terms were not disclosed. The DEZ Staffing brand, branch office and staff...

Embracing the gig economy: You’re already a player in it (The National Law Review)

Whether they realize it or not, the stark reality is that all companies are historically, currently, or imminently real players in the gig economy, The National Law Review reports. It examines related issues that all companies should be mindful of.

Canada targets tech sector as US tightens H-1B program (Wall Street Journal)

Canada’s pilot program to slash waiting times for work permits and temporary resident visas from one year to two weeks is attracting tech players worried about new immigration policies in the US, the Wall Street Journal reports. “A year ago, the only people I could talk to were ex-Canadians who missed...

SIA lists 110 fastest-growing US staffing firms for 2017

Staffing Industry Analysts today released its annual list of fastest-growing US staffing firms, which includes 110 firms with at least  compound annual growth in revenue from 2012 through 2016 of at least 15%.

Hayes Locums topped the list with CAGR at 147.2%.

Here are the top 10 fastest-growing staffing...