Job&Talent US revenue up 22% in 2023

Job&Talent, a digital staffing platform headquartered in Madrid, Spain, reported revenue in the US market rose 22% year over year to $450 million for full year 2023. 

The growth makes the US Job&Talent’s largest and fastest-growing market in terms of revenue as well as the most profitable...

The Conference Board Leading Economic Index rises for first time in two years

The Conference Board Leading Economic Index for the US rose in February for the first time since February 2022. The index increased by 0.1% to a reading of 102.8 (2016=100), following a 0.4% decline in January 2024.

“Strength in weekly hours worked in manufacturing, stock prices, the Leading Credit...

Careers Launch Talent Group acquires Phoenix-based talent acquisition firm

Careers Launch Talent Group, an executive search and outplacement services provider based in Mesa, Arizona, acquired Signature Hire, a Phoenix -based talent acquisition firm focused on engineering, construction and manufacturing. 

The move aims to expand Careers Launch’s footprint into new markets...

Staffing employment declines in Q4: ASA

The average weekly number of temporary and contract workers employed by US staffing firms edged downward by 0.6% to 2.4 million in the fourth quarter of 2023, according to the American Staffing Association’s Staffing and Sales Survey released today. However, the fourth quarter saw the smallest quarterly...

Initial jobless claims unexpectedly fall by 2,000

US initial jobless claims fell by 2,000 in the week ended March 16 to a total of 210,000, the US Department of Labor reported today. The previous week's level was revised upward by 3,000.

Economists polled by Reuters had forecast 215,000 claims in the latest week.

“The labor market is gradually rebalancing,...

Integrity Locums names CEO, makes other executive changes

Integrity Locums, a locum tenens staffing firm based in Englewood, Colorado, promoted President Jeff Files to CEO. Files succeeds Tim Devereux, who will transition to an advisory role on the board.

Managing Partner Lacey Salzer moved to an advisory position on the board, with both Devereux and Salzer...

Firm lands $53 million funding round, plans staffing healthcare ‘AI agents’

Hippocratic AI announced a $53 million funding round on March 18. It also announced the launch of its first product for phase-three safety testing — a staffing marketplace where health systems can hire generative AI agents. Plans call for the generative AI agents to work with patients to handle tasks...

FDM revenue up 2% even as fewer consultants assigned to clients

FDM Group (Holdings) plc reported revenue rose 2% in constant currency in 2023 against a backdrop of challenging market conditions with macroeconomic and geopolitical uncertainty.

The London-based firm, which provides IT staffing on a recruit-train-deploy basis, reported preliminary results today. On...

Majority of CFOs raising average compensation by over 4%

A majority of CFOs, 71%, plan to increase average employee compensation by 4% or more this year, according to data from Gartner Inc.

That includes 58% of CFOs who plan to raise average employee compensation this year by between 4% and 9%. It also includes 13% of CFOs who plan increases of 10% or more....

Court rules against truckers in independent contractor case

A California federal judge rejected the latest effort by trucking groups to block enforcement of Assembly Bill 5, the state law designed to crack down on independent contractor misclassification. The March 15 ruling stated that courts “are not the proper bodies for imposing legislative amendments.”...