Daily News
AI platform that matches candidates to job descriptions announces $18 million in funding (TechCrunch)
February 16, 2018Uncommon.io announced it raised $18 million in a Series A funding round and launched its online platform that uses artificial intelligence to match résumés with job ads, TechCrunch reported. Companies would pay based on the number of candidates that meet their criteria, not per click.
On Assignment revenue up 9% in Q4, growth is in Apex division
February 15, 2018On Assignment Inc. (NYSE: ASGN) reported revenue rose 9.4% in the fourth quarter. The increase was 8.6% excluding revenue from Stratacuity, a Boston-based provider of clinical and scientific staffing that On Assignment acquired in August.
The Calabasas, Calif.-based staffing provider reported revenue...
CTG acquires Paris-based Soft Co. in $16.5 million deal
February 15, 2018CTG (NASD: CTG) announced today it acquired Paris-based Soft Company, a consulting and engineering firm with expertise in both business and information systems. The all-cash transaction is valued at $16.5 million, not including potential future earnouts, for Soft Company’s $30 million in annualized...
ManpowerGroup names country manager for Canada
February 15, 2018ManpowerGroup Inc. (NYSE: MAN) appointed Darlene Minatel as the new country manager for Canada, overseeing all of its brands: Manpower, Experis, Right Management and ManpowerGroup Solutions. Minatel will also continue her role as brand leader for Manpower, reporting directly to Becky Frankiewicz,...
CIO/CTO tops list of highest tech salaries in 2018
February 15, 2018Chief information officers and chief technical officers top this year’s list of highest-paid technology professionals, according to the annual technology salary guide released by Mondo, an IT and digital marketing staffing provider headquartered in New York.
CIO and CTO salaries range from $160,000...
Companies trending toward paid internships, NACE survey finds
February 15, 2018Companies increasingly pay college students taking part in internships, according to a report from the National Association of Colleges and Employers.
NACE’s Class of 2017 Student Survey found 61% of graduating seniors took part in an internship or co-op experience during their college careers; among...
Jobless claims moving average rises 3,500
February 15, 2018The US four-week moving average of initial claims for unemployment insurance rose to 228,500 last week, up 3,500 from the previous week’s revised average, the US Department of Labor reported. The previous week’s average was revised upward by 500.
The four-week moving average decreases the volatility...
2018 Staffing 100 influencers now online
February 14, 2018The Staffing 100 list of the most influential people in staffing is now online. The 100 come from all parts of the workforce solutions ecosystem; the majority of the honorees, however, hail from staffing companies across the US. This seventh annual list of North American leaders gives a contemporary...
GEE Group posts revenue of $45 million in fiscal Q1
February 14, 2018GEE Group Inc. (NYSE MKT: JOB) reported revenue rose to $45.2 million in its fiscal first quarter ended Dec. 31.
(US$ millions) | Q1 2018 | Q1 2017 | % change |
Net revenue | $45,232 | $21,006 | 115.3% |
Gross profit | $15,774.0 | $5,443.0 | 189.8% |
Gross margin | 34.9% ... |
Recruit revenue up 11% in fiscal Q3; Indeed revenue up 61%
February 14, 2018Recruit Holdings Co. Ltd., which ranks as one of the world’s largest staffing firms, reported revenue rose 11.2% as measured in yen in its fiscal third quarter ended Dec. 31, 2017. The Tokyo-based firm owns the Indeed jobs website, and reported fast growth on the site with Indeed revenue rising 60.6%...