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Scout Exchange raises $100 million from Aquent founder’s investment firm; Paro announces funding round; AHSA rebrands VMS; and more in tech roundup

March 12, 2018

In some of the latest tech news: Scout Exchange, a platform to connect companies with search firms, received $100 million from Aquent founder’s investment vehicle. Paro, an online staffing platform for finance/accounting workers, announced a series A funding round. Separately, AHSA announces new...


Millennial bosses prefer online messaging over email and phone, Korn Ferry says

March 12, 2018

As millennials increasingly move into management positions, they favor a different way of communicating with their employees, according to a survey released today by executive search firm Korn Ferry International Inc. (NYSE: KFY).

More than half of the professionals surveyed, 55%, said online messaging...


Private equity buys Emerald Health Services, a Los Angeles-based healthcare staffing firm

March 12, 2018

Private equity firm Webster Capital acquired travel nurse staffing firm Emerald Health Services. The Los Angeles-based healthcare staffing provider was founded in 2002 by Mark Stagen, who is also a founder and former president of the National Association of Travel Healthcare Organizations.

“For over...


Jobs growth index rises sharply, six-month growth rate highest since 2014

March 12, 2018

Jobs growth in the US increased sharply last month, according to The Conference Board’s Employment Trends Index. The index rose in February to a reading of 107.74 from 106.50 in January.

“The Employment Trends Index accelerated further in February, suggesting that strong job growth is likely...


Hawaii posts lowest unemployment rate in January; four states hit record lows

March 12, 2018

Hawaii posted the lowest unemployment rate among all states in January at 2.1%, the US Bureau of Labor Statistics reported. New Hampshire and North Dakota followed, both at 2.6% on a seasonally adjusted basis.

Alaska recorded the highest jobless rate among all states at 7.3% in January.

The BLS reported...


Infosys to delist shares from Paris and London stock exchanges

March 12, 2018

Infosys (NYSE: INFY), a global IT services and outsourcing provider, today announced it intends to voluntarily delist its American Depositary Shares from the Euronext Paris and Euronext London stock exchanges. The company stated the primary reason for seeking the proposed delisting is the low average...


US temp jobs rise by 26,500; temp penetration rate up

March 9, 2018

The US gained 26,500 temporary help services jobs February, a year-over-year increase of 4.15%, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. The temp penetration rate — temporary jobs as a percent of total employment — rose to 2.04% in February from...


Canada adds 15,400 jobs in February with gain in part-time positions

March 9, 2018

Canada added 15,400 jobs in February from January to a total of almost 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. A gain of 54,700 part-time jobs in February offset a loss of 39,300 full-time jobs.

Employment gains were observed in several industries,...


Staffing firm to pay $50,000 after rejecting candidate born in 1945 and saying that ‘age will matter’

March 9, 2018

IT staffing firm Diverse Lynx LLX will pay $50,000 to settle an age discrimination lawsuit that arose after it emailed an applicant he wouldn’t be considered for a job because he was “born in 1945” and “age will matter,” the US Equal Employment Opportunity Commission reported.

The Princeton,...


Canadian law to make employers accountable for temp worker injuries (The Star)

March 9, 2018

Resurrected legislation promises to hold employers who use temporary employment agencies responsible for workplace accidents. In a statement to The Star, Labour Minister Kevin Flynn said the government will revive legislation written three years ago but never enacted. The section of Bill 18...