Uber files for IPO registration, racing Lyft to stock market

Uber Technologies Inc. filed a confidential registration for an initial public offering with the US Securities and Exchange Administration, according to media reports.

The human cloud/ride-sharing firm filed the paperwork on Thursday, the same day as its competitor, Lyft Inc.

Staffing Industry Analysts...

TSR to pursue acquisitions following decision against buyout

IT staffing provider TSR Inc. (NASD: TSRI) announced it will pursue at least one strategic acquisition following its review of strategic alternatives. The acquired firm would be in the same business sector as TSR or a complimentary business sector.

TSR’s board in July formed a special committee to review...

Employment Trends Index edges down in November, but ‘gloom and doom’ views exaggerated

The Conference Board’s US Employment Trends Index declined slightly in November following an increase in October; however, the year-over-year change remains positive. The index slipped to a reading of 110.41 in November from 110.73 in October.

“The Employment Trends Index declined slightly this month...

Job openings see little change in October

The number of US job openings edged up in October, according to data released today by the US Bureau of Labor Statistics. The number of hires also rose, while separations edged down.

There were 7.1 million job openings in October, up 18.8% year over year and 1.7% from August.

Job openings increased by...

Temp penetration rate reaches record high in November; temp jobs up by 2.9%

US temporary help services jobs rose by 2.9% in November on a year-over-year basis, and the temp penetration rate rose to a record high, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics.

In total, the US added 8,300 temporary help services jobs in November.

“Regarding...

Canada adds 94,100 jobs in November, unemployment rate lowest since 1976

Employment in Canada rose by 94,100 jobs in November, driven by gains in full-time work, according to seasonally adjusted numbers released today by Statistics Canada. Full-time jobs increased by about 89,900 and part-time employment rose by about 4,100.

The total number of jobs was 18.8 million in November,...

PeopleFluent’s VMS gets new name

Waltham, Mass.-based PeopleFluent’s vendor management system division has been renamed VectorVMS.

Learning Technologies Group plc on May 31 acquired PeopleFluent for approximately $150 million. The company said VectorVMS is now a portfolio brand but will continue to collaborate with PeopleFluent’s...

CPAs’ confidence in US economy drops

Optimism about the US economy fell sharply among certified public accountants who hold leadership positions in their companies — such as CEO, CFO or controller — since the last quarter, according to the fourth-quarter Economic Outlook Survey released by the American Institute of CPAs. However, they...

People: AMN, Heidrick, CareerBuilder and more

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing provider, announced Dr. Cole Edmonson will join the company as chief clinical officer. He will fill the position held by Dr. Marcia Faller, who is retiring at the beginning of 2019; Faller will continue with AMN in a consulting...

Third-largest B2C human cloud firm Lyft files for IPO

Human cloud/ride-sharing firm Lyft announced today that it has filed a confidential registration for an initial public offering with the US Securities and Exchange Administration.

“The number of shares to be offered and the price range for the proposed offering have not yet been determined,” according...