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US leading economic index rises for first time since April, but growth in second half to moderate

August 22, 2019

After two months of declines, The Conference Board reported its US Leading Economic Index rose in July, portending growth for the second half of this year but at a slower rate.

“The US [Leading Economic Index] increased in July, following back-to-back modest declines,” said Ataman Ozyildirim, senior...


Recruiter.com’s Q2 revenue rises on acquisition, but loss from operations widens; announces stock split

August 22, 2019

Recruiter.com Group Inc. (OTCMKTS: RCRT) — a website that links job seekers, recruiters and employers — this week reported second-quarter revenue rose to $1.5 million from $283,885 in the year-ago quarter, but the increase was a result of its March 31 acquisition of Genesys Talent LLC, a Houston-based...


Canadian staffing index falls 2% year over year, decline in volume continues

August 22, 2019

The Canadian staffing index, which reflects the volume of demand for temporary staffing in Canada, fell 2% in July on a year-over-year basis to a reading of 111, despite July 2019 having more working days.

“The index was down 2% in July versus last year in a month with 5% more working days,” said...


Finance execs say tech skills hardest to find when hiring: Robert Half

August 22, 2019

Technology experience and aptitude top the list of most difficult attributes to find in accounting and finance job candidates, according to a survey of US CFOs released today by Robert Half Finance & Accounting.

CFOs cited the following attributes as the hardest to find in accounting and finance job...


Bernie Sanders announces plan to fight IC misclassification, codify Browning-Ferris into law

August 22, 2019

Presidential candidate Sen. Bernie Sanders announced a “Workplace Democracy Plan” that would make it more difficult for firms to classify workers as independent contractors. It would also codify the Browning-Ferris joint-employer standard into law and increase workers’ rights and expand unions....


Initial jobless claims fall to four-week low

August 22, 2019

Initial US jobless claims fell by 12,000 to a level of 209,000 in the week ended Aug. 13 from the previous week’s revised level, the US Department of Labor reported today. The previous week’s level was revised upward by 1,000.

Filings for US unemployment benefits dropped to a four-week low, offering...


Job mobility for Canada’s TFWs would punish ‘good employers’: Alberta hotel group (CBC)

August 22, 2019

New rules that could make it easier for temporary foreign workers to leave their jobs but remain in the Canadian workforce would unfairly punish “good employers,” says an industry group representing Alberta hotel and motel owners in an open letter to federal employment officials. The Alberta Hotel...


Recruitment marketplaces aren’t a new idea, but they may still disrupt staffing

August 21, 2019

“Recruitment marketplaces” are a business model that has existed for some 20 years but may still prove to be among the most disruptive parts of the workforce solutions ecosystem, according to a report by Staffing Industry Analysts.

“Most recruitment marketplaces are growing their businesses ahead...


Empresaria revenue falls 2% in first half

August 21, 2019

Revenue at UK-based staffing provider Empresaria Group plc fell 2% in the first half of the year ended June 30, the company reported today. The decrease was 2% in constant currency as well. Profit also fell, but gross margin improved.

Empresaria reported revenue fell amid a change in mix between temp,...


Bureau of Labor Statistics lowering US jobs estimate by 501,000

August 21, 2019

The US Bureau of Labor Statistics announced plans to lower its estimate of total nonfarm jobs in the US for March 2019 by 501,000 as part of its annual benchmark revision.

“Each year, the Current Employment Statistics survey employment estimates are benchmarked to comprehensive counts of employment...