Jobless claims steady, near historical lows

US initial jobless claims remained unchanged in the week ended April 27 from the previous week at 208,000, the US Department of Labor reported today. However, the previous week’s level was revised upward by 1,000.

The Associated Press noted the number of people applying for unemployment remains...

US companies add 192,000 jobs in April with broad-based gains

The average pace of hiring has accelerated over the last three months after slowing late last year, almost matching gains made in the first half of 2023, according to the ADP National Employment Report released May 1. However, pay growth continues to slow.

Employment in the US private sector rose by 192,000...

Job openings fall to lowest level in 3 years

US job openings fell 3.7% month over month in March to 8.5 million after increasing in February, according to seasonally adjusted data released Thursday by the US Bureau of Labor Statistics. On a year-over-year basis, the decrease was 11.8%.

Over the month, the number of hires fell 4.9% to 5.5 million....

Advanced RPO expands footprint with Aspirant RPO deal

Advanced RPO, a Chicago-based provider of recruitment process outsourcing, acquired Aspirant RPO, a Pittsburgh-based RPO provider.

The acquisition strengthens Advanced RPO’s market position with an expanded chemical and manufacturing industry footprint and additional client offerings, including employer...

Biden admin aims to reclassify marijuana as lower risk

The US Drug Enforcement Administration plans to reclassify marijuana as a lower-risk drug, Crain’s New York Business reported, citing anonymous sources. The shift in classification could affect drug testing policies of contingent workforce programs and their staffing providers.

The DEA is expected to...

Nashville metro posts lowest jobless rate in March

The Nashville, Tennessee, metropolitan area posted the lowest jobless rate among US metro areas with a population of 1 million or more in March at 2.4%, the US Bureau of Labor Statistics reported today.

Conversely, the Las Vegas-Henderson-Paradise area of Nevada and the Riverside-San Bernardino-Ontario...

Half of workers eager for new careers

Workers feel they have a lot less control over their careers than they did at the height of the Great Resignation, according to a survey recently released by LHH, the Adecco Group division that provides outplacement services. More than half of workers surveyed pointed to external factors and a “fear...

40 Under 40 list: Last day to nominate!

Nominations continue to be accepted for this year’s 40 Under 40 list of up-and-coming executives in the staffing industry. The nominations can be made online through 11:59 pm EST May 1.

The list recognizes the achievements, ambition and influence of up-and-coming staffing professionals who...

Kforce sees positive trends in March, though Q1 revenue slips

First-quarter revenue at Kforce Inc. (NASDAQ: KFRC) fell 13.3% to $351.9 million. Performance was generally consistent with expectations, though the professional staffing cited encouraging new assignment trends in March in its tech business.

Speaking in a conference call with analysts, Kforce President...

Consumer confidence at lowest level since July 2022

The Conference Board Consumer Confidence Index fell for the third consecutive month this month and is now at its lowest reading since July 2022. However, The Conference Board noted the index’s reading remains in a relatively narrow range that’s held steady for more than two years.

“Confidence retreated...