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US nonmanufacturing activity decelerates in July, but employment metric increases

August 3, 2018

Economic activity in the US nonmanufacturing sector decelerated in July, according to the Institute for Supply Management’s nonmanufacturing index released today.

ISM’s nonmanufacturing index fell 3.4 percentage points in July to a reading of 55.7 from June’s reading of 59.1.

Readings above 50 generally...


People: Crowdstaffing, Kinetix, MRINetwork, Phaidon, AtWork Group, Medix, IDR and more

August 3, 2018

Crowdstaffing, a hiring marketplace and technology platform headquartered in San Jose, Calif., announced Scott Giroux joined the company as VP of operations. Giroux most recently was on the executive team of Volt Workforce Solutions, where he led North American staffing operations.

Kinetix, a recruitment...


Temp staffing revenue growth slows to median 6%: US Pulse report

August 2, 2018

US temporary staffing revenue growth decelerated to a median 6% year over year in June from 7% in May, according to Staffing Industry Analysts’ latest Pulse report survey of staffing firms.

“Six months into the year, temporary staffing continued the moderate expansion showed since the beginning of...


Cross Country revenue falls 2% in Q2, some large customers pull back

August 2, 2018

Cross Country Healthcare Inc. (NASD: CCRN) reported a pull-back on spend from some its larger customers in the second quarter, and reported revenue fell 2.3%. The Boca Raton, Fla.-based firm reported the decrease would have been 12% without its acquisition of Advantage RN in July 2017.

(US$ thousands) ...


Hudson reports Asia-Pacific business fuels Q2 revenue growth

August 2, 2018

RPO provider Hudson Global Inc. (NASD: HSON) reported second-quarter revenue rose 14.7% in constant currency and was driven by its Asia-Pacific operations. The New York-based firm reported that loss of a contract affected revenue in the Americas and Europe.

(US$ thousands) Q2 2018 Q2 2017 ...


Dice.com parent company reports Q2 revenue falls

August 2, 2018

DHI Group Inc. (NYSE: DHX) reported first-quarter revenue fell 20.6%. The company attributed the decrease primarily to the divestitures of its nontech businesses, including the sale in May of hospitality jobs website Hcareers for $16.5 million.

DHI also announced it will close its Dice Europe operations...


Uber names former Northrop Grumman CEO as chairman (Bloomberg)

August 2, 2018

Human cloud/ride-sharing firm Uber Technologies Inc. elected Ronald Sugar as chairman. Bloomberg reported that the selection of an experienced independent chair is a victory for CEO Dara Khosrowshahi, though there’s still plenty more to do ahead of an initial public offering expected...


Jobless average falls 3,500, ‘sustained strength’ in labor market despite trade tensions

August 2, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 214,500 last week, down 3,500 from the previous week’s unrevised average, the US Department of Labor reported today.

The four-week moving average decreases the volatility of the weekly numbers. Total initial claims...


Kforce Q2 revenue rises 5%; growth in tech temp staffing

August 1, 2018

Kforce Inc. (NASD: KFRC) reported second-quarter revenue rose 5.4%. Revenue growth came from technology, the firm’s largest single segment. However, revenue fell 9.6% in finance and accounting, the company’s second-largest segment.

Overall, second-quarter flex revenue rose 5.6% at the Tampa, Fla.-based...


ADP reports PEO revenue up 9%; acquires global payroll management services provider

August 1, 2018

PEO revenue rose 9% at ADP (NASD: ADP) in the company’s fiscal fourth quarter ended June 30 to $976.7 million, driven primarily by an 8% increase in average worksite employees for the quarter.

(US$ millions) Q4 2018 Q4 2017 % change % change organic constant currency
Revenue ...