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Advanced RPO expands footprint with Aspirant RPO deal

May 1, 2024

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

May 1, 2024

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

May 1, 2024

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

May 1, 2024

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!

May 1, 2024

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

April 30, 2024

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

April 30, 2024

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...


Open Assembly unit, Fulcrum merge to form provider of ‘virtual bench’

April 30, 2024

Open Assembly’s “future of work” consulting arm merged with HR technology startup Fulcrum Workforce Solutions Inc. The resulting firm — Bench Talent Cloud — aims to create virtual benches of skilled freelancer talent for enterprises.

The merger was facilitated with a new investment led by Communitas...


Staffing hours remain down over year: SIA | Bullhorn Staffing Indicator

April 30, 2024

US temp staffing hours edged up 0.9% in the week ended April 20; however, they remained significantly below last year’s level, according to the latest SIA | Bullhorn Staffing Indicator report.

Commercial staffing hours rose 0.9% week over week, while professional staffing hours rose 1.0%. Both were...


Compensation gains grow faster than expected

April 30, 2024

Growth in compensation rose faster than expected, CNN reported. The Employment Cost Index for the US rose a seasonally adjusted 1.2% in the three months ended in March, up from 0.9% in the fourth. Economists had expected first-quarter growth to come in at 0.9%. There is concern that faster compensation...