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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,...

P2P Staffing revenue rises 20% in Q2

July 21, 2015

P2P Staffing Corp., a privately held, Fort Lauderdale, Fla.-based professional staffing company, reported second-quarter revenue rose 20.3% year over year to $46.8 million from $38.9 million in the second quarter of last year.The company forecasts full-year 2015 revenue in the $180 million to $20...

West Virginia posts highest jobless rate in June

July 21, 2015

West Virginia posted the highest unemployment rate among all states in June at 7.4%, according to data released today by the US Bureau of Labor Statistics. Nevada and Alaska followed at 6.9% and 6.8%, respectively. The District of Columbia had a rate of 7.0%.Nebraska posted the lowest unemploymen...

List ranks largest IT staffing firms in US

July 20, 2015

TEKsystems (Allegis Group), On Assignment, Insight Global, Randstad Technologies and Experis (ManpowerGroup) rank as the five largest suppliers of IT staffing in the US, according to Staffing Industry Analysts’ 2015 list of largest IT staffing firms in the US.Allegis’ TEKsystems division ranked a...