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Jobless claims average falls, total claims down 36,000

March 12, 2015

The US four-week moving average of initial claims for unemployment insurance last week fell by 3,750 to a total of 302,250 from the previous week’s upwardly revised average of 306,000, according to seasonally adjusted numbers released today by the US Department of Labor.The four-week moving avera...


RBC downgrades Canadian GDP forecast

March 12, 2015

Canada’s real gross domestic product is now expected to grow 2.4% in 2015, a reduction from the forecast of 2.7% issued in December, according to the Economic Outlook report released today by RBC Economics. The GDP forecast for 2016 is now 2.3%. While the drop in energy prices negatively affected...


Trim your waste — Staffing Stream

March 12, 2015

In any pursuit, training and dedication are vital. But the real advantages come from doing the smallest things better than anyone else, writes Tanya Keys in The Staffing Stream. Keys, head of Alexander Mann Solutions’ Americas Operations Excellence, discusses the sources of waste seen most often...


Adecco reports Q4 revenue up 2%; softness in parts of Europe

March 11, 2015

Fourth-quarter revenue rose by 2% at Adecco, the world’s largest staffing firm. The company reported softness in parts of Europe, especially France and Germany. Fourth-quarter revenue fell 5% in France. However, revenue rose 15% in North America. (€millions) Q4 2014 Q4 2013 % growth...


Adecco acquires Knightsbridge Human Capital Solutions

March 11, 2015

Adecco Group today announced its acquisition of Canada-based Knightsbridge Human Capital Solutions for an enterprise value of $C80 million.Knightsbridge, a human capital solutions firm, will join Lee Hecht Harrison, Adecco’s outplacement business. The transaction is expected to close in the secon...


ACA Supreme Court case would impact staffing

March 11, 2015

The US Supreme Court heard oral arguments March 4 in a case that could bring massive change to the Affordable Care Act and remove penalties in some states for staffing firms, staffing buyers and other employers — albeit with caveats.The case is King v. Burwell. It questions whether workers can ge...


Study finds workers want more paid time off, better benefits in 2015

March 11, 2015

As the focus on employee recruitment and retention sharpens in a recovering economy, many executives may be undervaluing a perk their workforce wants most, suggests new research from Accountemps, a division of Robert Half International Inc. (NYSE: RHI).When asked which workplace perk they think t...


Mexico Q2 hiring rate to remain stable, ManpowerGroup survey finds

March 11, 2015

A survey by ManpowerGroup Inc. (NYSE: MAN) found 16% of employers in Mexico plan to increase staff and 4% plan to make reductions, yielding a net employment outlook of 11% on a seasonally adjusted basis. The forecast indicates hiring prospects are relatively stable when compared with the previous...


Study finds supplemental nurses are cost-effective strategy

March 11, 2015

The modest use of temporary or contract nurses is a cost-efficient strategy during temporary periods of patient census swings or short-term shortages of permanent nurses at large US medical centers. This is according to a new study by researchers at the University of Rochester School of Nursing,...


Korn Ferry revenue up 7% in constant currency

March 10, 2015

Korn/Ferry International Inc.’s (NYSE: KFY) fee revenue rose 3.0% year over year, or 6.8% on a constant currency basis, to $249.5 million in its fiscal third quarter ended Jan. 31.The Los Angeles-based firm reported fee revenue increases in Futurestep and leadership and talent consulting were par...