Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Abercrombie settles religious discrimination case

July 22, 2015

Abercrombie & Fitch Stores Inc. settled a US Equal Employment Opportunity Commission lawsuit charging religious discrimination. The clothing company paid $25,670 in damages to a Muslim job applicant and $18,983 in court costs. The settlement ends the case, which had gone to the Supreme Court....


Millennials know job hopping looks bad, 86% would still do it

July 22, 2015

Although millennials know job hopping looks bad, they would not hesitate to leave their job, according to the national Millennial Outlook Survey released by RecruitiFi. The survey of millennials found 83% acknowledge that job hopping on their resume has the potential to be negatively perceived by...


General Employment expects to raise $7 million in public offering

July 22, 2015

General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing provider, priced an underwritten public offering of 11.2 million shares of its common stock at 70 cents per share. The company estimates the net proceeds from this offering, after deductions and expenses...


Median earnings of full-time workers rise 2.7% over year in Q2

July 22, 2015

Median weekly earnings of US full-time wage and salary workers rose 2.7% year over year in the second quarter to $801 (not seasonally adjusted), the US Bureau of Labor Statistics announced.Women who usually worked full time had median weekly earnings of $726, or 81.9% of the $886 median for men.F...


Medical residents report average salary of $55,400

July 22, 2015

Despite large debts and long hours, most medical residents are satisfied with their compensation, professional relationships and career choices, according to Medscape’s 2015 Residents Salary & Debt Report released today. The majority of respondents report their compensation to be fair, but th...


CareerBuilder acquires semantic recruitment technology firm

July 21, 2015

Jobs website CareerBuilder acquired a majority stake in Textkernel, an Amsterdam-based software company providing semantic recruitment technology to the human resources market.The transaction closed July 15; terms were not disclosed. The Textkernel brand will remain. Executives will also remain w...


Starting a staffing firm and being bold — staffing quote of the week

July 21, 2015

“I didn’t have a lot of what people typically have to start a business but I did have a lot of intelligence,” Forbes quoted CEO Janice Bryant Howroyd, founder of staffing firm Act-1, as saying in a profile of its 2015 ranking of America’s richest self-made women. “Sometimes when you don’t have an...


ManpowerGroup Q2 revenue rises 6.6% in constant currency, but falls in US

July 21, 2015

The strong US dollar affected second-quarter earnings at ManpowerGroup Inc. (NYSE: MAN), one of the world’s largest staffing firms. While revenue fell 8.7% in the second quarter to $4.86 billion, it was up 6.6% when measured in constant currency. Gross margin improved to 17.1% from 16.9% in...


ASA index up over week, but down compared to year ago

July 21, 2015

The American Staffing Association’s index measuring employment in the US staffing industry for the week of July 6 to July 12 rose 1.27% compared to the previous week, but was down 2.99% compared with same week last year. The index value fell to 94.34.


Canadian staffing index higher over month, but year-over-year trend is down

July 21, 2015

The Canadian staffing index, a measure of staffing activity in Canada, rose to a reading of 103 in June, up from an index value of 101 in May. However, the index fell 8% year over year from a reading of 112 in June 2014.The index value of 100 corresponds to the size of the industry in July 2008,...