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People 2.0 announces acquisition of IC compliance, payrolling provider

July 19, 2018

People 2.0 Global LP, a business process outsourcer providing back-office services to the human capital services sector, announced last week that it acquired independent contractor classification and payrolling firm Contingent Workforce Solutions Inc. at the end of June.

Terms of the transaction...


‘Significant dip’ in Canada’s job growth in June: ADP

July 19, 2018

Employment in Canada fell by 10,500 jobs in June from May, according to the ADP Canada National Employment Report. However, the total number of jobs added in May in the previous report was revised upward to 27,800 from 2,900.

“We saw a significant dip in job growth in Canada for the month...


Employment rising but firms face shortage of qualified labor: Beige Book

July 19, 2018

Employment rose at a modest to moderate pace in most districts in late May and June amid tight labor markets, according to the Federal Reserve’s Beige Book report released Wednesday. The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current...


‘Solid growth’ in US economy to continue: The Conference Board

July 19, 2018

The Conference Board’s US Leading Economic Index rose 0.5% in June to a reading of 109.8 (2016 = 100), following no change in May, and a 0.4% increase in April.

“The US [Leading Economic Index] increased in June, pointing to continuing solid growth in the US economy,” said Ataman Ozyildirim, director...


Jobless claims average falls, initial claims near 50-year low

July 19, 2018

The US four-week moving average of initial claims for unemployment insurance fell to 220,500 last week, down 2,750 from the previous week’s revised average, the US Department of Labor reported today. The previous week’s average was revised upward by 250.

The four-week moving average decreases the...


Counteroffers a stopgap retention strategy

July 18, 2018

Staff members who accept counteroffers typically leave the company in less than two years anyway, according to a survey by Robert Half International Inc. (NYSE: RHI).

Many companies are offering higher salaries to keep workers who state they plan to quit for a better job opportunity, but the research...


Canadian staffing index falls 4% year over year

July 18, 2018

The Canadian staffing index, which measures staffing activity in Canada, fell 4% in June on a year-over-year basis to a reading of 107.

“In June, the volume of billed hours appears roughly unchanged from last year after accounting for one fewer working day this year,” said Maxim Kupfer, research...


Booking.com's parent company invests $500 million in ride-sharing firm Didi Chuxing

July 18, 2018

Booking Holdings invested $500 million in Beijing-based human cloud, ride-hailing firm Didi Chuxing, which Staffing Industry Analysts ranks as the second-largest B2C human cloud platform after Uber.

The deal was announced today and styled as a strategic partnership.

Booking Holdings is based in Norwalk,...


Google takes job search service to UK; opportunities, pressure for ecosystem

July 18, 2018

Google launched its job search service ‘Google Jobs’ yesterday in the UK. The artificial intelligence job search tool will show job postings from sites such as Reed, Gumtree, Guardian Jobs, Haymarket and Totaljobs.com.

The service will be similar to the US version of Google Jobs, which launched last...


More than 80% open to new jobs: Accounting Principals and Ajilon

July 18, 2018

More than 80% of full-time workers are actively seeking or passively open to new job opportunities, according to a survey released by specialty recruitment firms Accounting Principals and Ajilon.

The survey 26% of respondents are actively seeking new job opportunities and over half, 55% are...