Daily News
Temp revenue growth decelerates to median 5% in November, Pulse survey finds
January 3, 2018US temporary staffing revenue rose a median 5% year over year in November — a deceleration from October’s 7% rate — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.
“Healthcare staffing firms continued to report robust expansion, with three sub-segments indicating...
TransForce acquires Trucking Unlimited
January 3, 2018TransForce Inc., a nationwide truck-driver staffing firm headquartered in Alexandria, Va., acquired the assets of Trucking Unlimited, effective Dec 22.
Trucking Unlimited operates www.truckdrivingjobs.com as its primary job board matching motor carriers with professional truck drivers. It has a national...
System One acquires wireless telecommunications services and staffing company
January 3, 2018Pittsburgh-based System One acquired juvo telecom, a telecom, wireless and engineering services and staffing company. The deal expands the reach of System One’s MOUNTAIN LTD. telecommunications division.
The transaction closed Tuesday; terms were not disclosed.
Based in Cary, NC, juvo telecom provides...
Online advertised job vacancies rise in December, gains widespread across states
January 3, 2018Online advertised job vacancies rose by 229,700 in December to a total of more than 4.9 million, according to the The Conference Board’s Help Wanted Online data series released today. Gains were widespread across all regions and most states.
Online labor demand rose in 48 states, decline in one and...
ISM manufacturing index rises in December but employment portion dips
January 3, 2018Economic activity in the manufacturing sector expanded in December at a faster pace than November, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. December’s index reading was 59.7, up 1 from November’s reading of 58.2.
Any reading above 50% generally...
Feds weigh change to H-1B visa program to prevent extensions (McClatchy)
January 3, 2018The Department of Homeland Security is considering new regulations that would prevent H-1B visa extensions, McClatchy reported, citing two US sources briefed on the proposal. The proposal is being drafted in memos shared between DHS department heads and could potentially stop hundreds of thousands of...
Robert Half and Kforce update guidance in wake of new tax law
January 2, 2018Robert Half International Inc. (NYSE: RHI) and Kforce Inc. (NASD: KFRC) updated fourth-quarter guidance last week following the passage of the new tax law, the Tax Cuts and Jobs Act.
Robert Half reported last week it expects a one-time noncash charge to its provision for income taxes in an estimated amount...
GEE Group revenue jumps in fiscal Q4 with SNI acquisition
January 2, 2018GEE Group Inc. (NYSE MKT: JOB) reported revenue jumped in its fiscal fourth quarter ended Sept. 30.
(US$ millions) | Q4 2017 | Q4 2016 | % change |
Net revenue | $46.4 | $21.8 | 113% |
Gross margin | 36.3% | 27.7% | |
Net income | $3.7 | $1.0 | nm |
Looking...
Staffing 360 president and CEO to step down, firm revamps organizational structure
January 2, 2018Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK, announced President and CEO Matt Briand will leave the company Jan. 31to pursue other business and personal interests. Executive Chairman Brendan Flood will become chairman and CEO of the company, effective immediately. ...
Penmac Staffing acquires Minnesota-based staffing provider Employment Resource Center
January 2, 2018Penmac Staffing Services Inc. acquired Employment Resource Center Inc., a staffing firm serving central Minnesota, effective Monday. The acquisition includes all three Employment Resource Center offices — located in Brainerd, Wadena, and Hutchinson, Minn. — as well as a vendor-on-premise location...