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Employment trends index hits highest level since 2012

September 10, 2018

The Conference Board’s US Employment Trends Index rose 6.9% year over year in August to a reading of 110.88, up from a downwardly revised reading of 109.58 in July. It was the largest increase in more than six years.

“The Employment Trends Index continues to accelerate, with this month’s year-over-year...


Temp jobs rise by 10,000 in August, overall employment up 201,000

September 7, 2018

US temporary help services jobs rose by 2.9% in August on a year-over-year basis, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. Compared to July, the number of US temp jobs rose by 10,000. And in a revision to the previous month, temp jobs rose by 10,900...


Korn Ferry fiscal Q1 revenue rises 15.7% in constant currency

September 7, 2018

Korn Ferry International Inc. (NYSE: KFY) yesterday reported total fee revenue rose 15.7% in constant currency in its fiscal first quarter ended July 31. The increase on a reported basis was 16.0%. The Los Angeles-based provider of executive search and consulting reported the organic growth was driven...


Different generations agree on career aspirations but differ on tech: CompTIA

September 7, 2018

Multiple generations of workers coexisting in today's labor force have different views on the use of technology and carry stereotypes about their older or younger colleagues, according to a new CompTIA report. However, they are in general agreement when it comes to career aspirations.

The nonprofit...


Volt revenue falls 6.6% in fiscal third quarter

September 7, 2018

Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 11.1% in its fiscal third quarter ended July 29. On a same-store and constant currency basis, net revenue fell 6.6% year over year, excluding net revenue contributed from businesses sold or exited during the past year.

Gross margin...


Canada loses 51,600 jobs in August after two months of gains

September 7, 2018

Following two months of increases, the number of jobs in Canada fell by 51,600 in August when compared to July for a total of 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. The unemployment rate rose to 6.0% from 5.8% in July.

The job losses came...


People: Source2, Interim HealthCare, Koya, ZRG and more

September 7, 2018

Interim HealthCare Inc. — a home care, hospice and health staffing franchise firm —  appointed Tracy Clark to COO. Clark joined the company in 2017 as senior VP of operations and sales. He previously held positions as president and principal at Triple Threat Management; as CEO at Family...


Upwork files form for IPO

September 6, 2018

Online staffing provider Upwork, the largest B2B human cloud firm, today filed a Form S-1 with the US Securities and Exchange Commission for an initial public offering. The company plans to list on the Nasdaq under the symbol “UPWK.”

Number of shares to be offered and price range were not yet announced....


PEO industry employs 3.7 million: NAPEO

September 6, 2018

Employment growth in the professional employer organization industry is 14 times higher than the growth rate in the US economy overall, according to a new study released today by the National Association of Professional Employer Organizations at its annual conference in Phoenix. The 907 PEOs in...


Private sector adds 163,000 jobs in August, smallest gain since last October

September 6, 2018

US private-sector employment rose by 163,000 jobs in August from July, the lowest gain since October 2017, according to the ADP National Employment Report.

The total of jobs added in July was also revised down to 217,000 from 218,000; however, it remained the strongest hiring since February.

“Although...