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Instacart won’t replace gig workers with automation (Business Insider)

February 14, 2024

Instacart doesn’t plan to replace its shoppers — the majority of which are independent contractors, according to a regulatory filing — with automation, CEO Fidji Simo said in an earnings call, Business Insider reported. Simo was responding to a question about automating the shopping process at...


Randstad cites uncertain environment; Q4 revenue down 8.6%

February 13, 2024

Randstad nv reported challenging macroeconomic conditions in the fourth quarter resulted in decreased hiring by clients. Revenue in the quarter fell 8.6% year over year per working day on an organic basis.

“The global macroeconomic environment remains uncertain, and this is influencing the decision-making...


Private equity acquires UK business of Staffing 360

February 13, 2024

Staffing 360 Solutions Ltd. (NASDAQ: STAF) divested its UK business, selling it to private equity firm IPE Ventures.

“This acquisition aligns with our longstanding pursuit of a buy-and-build investment platform in the IT/engineering sector,” Adam Fletcher, group CEO of IPE Ventures, said in a press...


Temp hours rise in week of Feb. 3: SIA | Bullhorn Staffing Indicator

February 13, 2024

US temp staffing hours rose 2.8% in the week ended Feb. 3 compared to the previous week, but they were down 13% year over year, according to the latest SIA | Bullhorn Staffing Indicator report.

...


Staffing firm settles allegations of excluding non-US citizens

February 13, 2024

The US Department of Justice reached a settlement with Latitude Inc., a staffing firm based in Hanover, Maryland.

Latitude allegedly refused to recruit or hire any non-US citizens for several positions at a client company from at least April 2022 through July 2023, according to the department. The client...


The Conference Board’s online job index falls in January

February 13, 2024

The Conference Board-Lightcast Help Wanted OnLine Index of job ads fell in January to a reading of 150.7 (July 2018=100), down from December 2023’s upwardly revised reading of 152.0.

January’s decrease follows a 1.1% increase between December and November; overall, the index is down 8.7% from a year...


CPI’s inflation gauge rises more than expected (Yahoo Finance)

February 13, 2024

January saw consumer prices rise more than expected, Yahoo Finance reported. The Consumer Price Index, or CPI, rose 0.3% over the previous month and was up 3.1% year over year. Economists had forecasted a month-over-month increase of 0.2% and a year-over-year increase of 2.9%.


Tandym makes fourth acquisition in 2 years with Kolter Solutions

February 12, 2024

Tandym Group, a New York-based IT and locum tenens staffing provider, acquired Kolter Solutions, a Maitland, Florida-based IT staffing firm. Both companies ranked on SIA’s Fastest-Growing Staffing Firms list. The deal marks Tandym’s fourth acquisition in two years.

“Today is an exciting day for...


NABE members say external shock could bring recession

February 12, 2024

Only about a quarter of NABE members believe the US will be in a recession by the end of this year, according to the National Association for Business Economics’ new Economic Policy Survey released today. However, 22% expect a US recession in 2025 and 36% expect a recession in 2026 or later. However,...


Candidates cite job-search process challenges

February 12, 2024

Time to apply and fatigue ranked among the top challenges for pursuing a new job, according to study by CompTIA that included all types of roles.

The data comes from CompTIA’s Job Seeker Trends study, which included a survey that took place from Jan. 10 through Jan. 17 and included 1,001 job seekers....