Talent dynamic compares to real estate — Staffing quote of the week

“Right now, you can assume that if an employee is talking to a company about a job, they're having a conversation with six other companies,” Melanie Monroe, regional VP for Staffing Solutions/Employbridge, told the Knoxville (Tenn.) News Sentinel. “The dynamic between how many job seekers are available...

Employment trends index signals slowing job growth through summer

The Conference Board’s US employment trends index fell in March to a reading of 127.48 from February’s downwardly revised reading of 128.54. The March reading is up 1.1% from the same month a year ago.  

“The Employment Trends Index has been showing signs of weakening in recent months,...

Construction adding jobs at twice the rate of overall economy, report finds

Construction job growth rose sharply in March by 37,000 for the month and 301,000 for the year, while construction spending in February logged a solid year-over-year increase despite a dip compared with January, according to an analysis of US Department of Labor data released by the Associated General...

Patient recruiter/staffing employee convicted in home healthcare fraud scheme

A staffing company employee and patient recruiter for several Miami-area home health agencies was convicted Friday for his role in a fraud and kickback scheme that resulted in the submission of millions of dollars in false and fraudulent claims to Medicare, the US Department of Justice announced.

Carlos...

Canadian manufacturing PMI shows return to growth

The Royal Bank of Canada’s Canadian manufacturing purchasing managers’ index rose to a reading of 51.5 in March, up from 49.4 in February and above the 50-point no-change level for the first time in eight months. Although pointing to only a moderate improvement in business conditions, the index was...

Orthopedists highest-paid physicians at $443,000

Doctors still feel rewarded by treating patients despite widespread burnout and a growing number would not choose medicine if they had a “do-over,” according to Medscape’s sixth annual Physician Compensation Report.  Additionally, physician responses show that earnings aren't the most rewarding...

Employee confidence at near-record high in Q1, Glassdoor finds

Employee confidence around the job market, job security, pay raises and future business outlook is strong, according to Glassdoor’s Q1 2016 US Employment Confidence Survey.

"In 2009, our country faced its worst recession in years and uncertainty made employment confidence weak,” said Rusty Rueff,...

US temp jobs rise by 4,000, overall job growth beats expectations

The number of US temp jobs rose by 4,000 in March after month-over-month declines since December, but the year-over-year growth rate of 1.94% in March continued a slowing trend, according to seasonally adjusted data released today by the US Bureau of Labor Statistics. Today’s revised data also increased...

First Rate Staffing revenue up, but posts net loss

First Rate Staffing Corp. (OTCQB: FRSI) reported revenue rose 82.6% for the full year last year to $32.9 million. However, gross margin fell and the company posted a net loss.

Net loss for the year was primarily due to a non-recurring, non-cash impairment charge of $641,000 associated with a former client,...

Rigzone founder charged with hacking website after sale

The founder of professional networking website Oilpro.com was arrested for allegedly hacking into Rigzone, a website he previously sold to DHI Group Inc. (NYSE: DHX), according to reports by the US Department of Justice and media outlets. David Kent, 40, was arrested on Wednesday by FBI agents in Spring,...