Daily News
Yoh’s US worker confidence index rebounds to second-highest reading
December 19, 2018Workers’ confidence in the US rebounded in the third quarter to its highest level since early 2017. After falling for the first time in a year during the second quarter, staffing provider Yoh and HRO Today magazine reported their quarterly Worker Confidence index rose by 3.1 points to a level...
OSHA keeps heightened focus on temp worker safety initiatives (Business Insurance)
December 19, 2018The US Occupational Safety and Health Administration’s heightened focus on the safety of temporary workers has not eased under the Trump administration, and both staffing companies and host employers should be aware of what the agency expects them to do to keep these workers safe, Business Insurance...
Public staffing firms’ median revenue growth decelerates at sharpest rate in seven years in Q3
December 18, 2018Revenue growth among the 21 publicly traded staffing firms that operate in North America decelerated at the sharpest rate in nearly seven years in the third quarter, according to a report released last week by Staffing Industry Analysts.
Quarterly revenue growth rose a median 4.2% year over year in the...
Private equity firm recapitalizes ZRG Partners
December 18, 2018Executive search firm ZRG Partners Inc. completed a recapitalization with RFE Investment Partners, a lower middle-market private equity firm. ZRG’s current capital partner, Northcreek Mezzanine, is exiting the investment after four years.
The transaction closed Dec. 5. Terms were not disclosed,...
Glassdoor chief economist sees power shift in 2019; employees make impact
December 18, 2018Low unemployment, a rise in concern over how technology is shaping the future of work, and a series of movements giving power to the people are among the top trends shaping workplaces worldwide, according to Glassdoor’s annual Job Market Trends Report.
“After nine years of steady growth, 2018 saw...
Canadian economy’s growth to slow to 1.9% next year
December 18, 2018The Conference Board of Canada expects the Canadian economy to grow by 1.9% in 2019, easing from an expected 2.1% gain this year.
Canada’s economy faces headwinds on several fronts, according to The Conference Board of Canada. Consumer spending will be restrained by a combination of weaker employment...
Tech workers’ unique position to lead employee activism movement — Staffing quote of the week
December 18, 2018“Tech workers feel they are special, in part because they are so in demand, in part because their employers treat them that way,” said Peter Cappelli, a professor at the University of Pennsylvania’s Wharton School, told The Washington Post in a story about tech workers fueling a new employee activism...
Visa battle could keep 100,000 people out of work (Fast Company)
December 18, 2018If the current US administration moves forward with a plan to revoke work authorization for H-4 visa holders, which include immediate family members of an H-1B worker, immigrants across the country — largely Indian women — could lose the ability to work, Fast Company reported. For tech companies,...
Federal judge rules ACA unconstitutional, but court battle far from over
December 17, 2018A federal district court judge late Friday ruled the Affordable Care Act to be unconstitutional. However, ACA obligations remain in place despite the court ruling as District Court Judge Reed O’Connor granted only summary judgment on the ACA’s constitutionality, without issuing a nationwide...
US Customs and Border Protection pays more than $13 million for two hires, report says
December 17, 2018US Customs and Border Protection last year awarded a $297 million contract to a division of Accenture (NYSE: ACN) to recruit and hire new agents and other workers. However, a report from the Office of Inspector General finds that as of Oct. 1, 2018 — 10 months into the contract — CBP has paid Accenture...