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Employment Trends Index highest since May 2023

February 5, 2024

The Conference Board Employment Trends Index rose in January to a reading of 113.71, up from a downwardly revised reading of 112.91 in December 2023. The index is at its highest since May 2023 and suggests job growth in the coming months.

“The ETI increased for a second consecutive month, suggesting...


US service sector activity reaches seven-month high

February 5, 2024

Business activity in the US service sector accelerated to a seven-month high in January amid an increase in new orders, according to the S&P Global US Services PMI.

“The US service sector started the year in a sweet spot, with output and demand growth accelerating while price pressures cooled markedly,”...


Canadian service economy contracts in January

February 5, 2024

Canada’s service economy contracted in January, with reductions in activity and new business, according to the S&P Global Canada Services PMI. Companies reported high interest rates and general caution among clients weighed on the sector.

The S&P Global Canada Services Business Activity Index...


Misclassification harms competition, FTC commissioner says

February 5, 2024

Independent contractor misclassification isn’t just a concern for labor rights — it’s a concern when it comes to competition, Commissioner Alvaro Bedoya of the Federal Trade Commission said in a speech Feb. 2.

“People need to know that there are places here in America where people work 60, 70,...


Survey opens for largest, fastest-growing and diversity-owned staffing firms lists

February 5, 2024

Staffing Industry Analysts’ annual survey to determine the largest and fastest-growing staffing firms for 2024 is now open. SIA compiles and publishes the lists of staffing firms each year based on this annual survey.

Distributed to both staffing buyers and investors, the lists provide free publicity...


Jobs number beats expectations in January; temp stabilizing

February 2, 2024

The US added 353,000 nonfarm jobs in January, including 3,900 temp jobs, based on US Bureau of Labor Statistics seasonally adjusted data released today. The increase in nonfarm employment was above economists’ estimates and higher than the average monthly gain of 255,000 last year. The monthly rise...


Consumer sentiment highest since 2021: University of Michigan

February 2, 2024

Consumer sentiment in the US rose in January to its highest level since July 2021, according to final results from the University of Michigan Survey of Consumers released today.

The index of consumer sentiment rose to a reading of 79.0 in January from 69.7 in December 2023, marking the second consecutive...


Returning to office improves productivity, execs say

February 2, 2024

As more organizations consider implementing a return-to-office mandate, 63% of executives said they have seen improvement in productivity since their company instituted such a policy, according to a report by ResumeBuilder.

Top areas of improvement reported by business leaders include communication (65%),...


People on the move: Heidrick, WilsonHCG, CoreMedical, Relode, Worksome, Recruitics, more

February 2, 2024

Executive search provider Heidrick & Struggles International Inc. named Sunny Ackerman as global managing partner, on-demand talent, effective Feb. 12. Ackerman will lead on-demand talent solutions across all of Heidrick globally, inclusive of Business Talent Group and Atreus. Ackerman has more than...


Family of teenage temp worker sues over fatal injury (WDAM)

February 2, 2024

The family of a 16-year-old contingent worker who died at a Mississippi poultry plant has filed a lawsuit against the client company and staffing firm, WDAM television reported. The lawsuit is seeking unspecified damages, including punitive damages. It was filed in the Circuit Court of Forrest County,...