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Volt’s Q3 revenue down 9%, but gross margin improves

September 6, 2019

Volt Information Sciences Inc. (NYSEAMERICAN: VISI) reported revenue fell 9.6% in its fiscal third quarter ended July 28. However, it noted revenue was down 7.1% when measured on a same-store basis excluding currency fluctuations and exited businesses.

Gross margin improved 20 basis points year-over-year;...


Disys to acquire healthcare IT staffing firm ALTEK

September 6, 2019

Digital Intelligence Systems LLC, or Disys, agreed to acquire Altek Information Technology.

Based in Frederick, Maryland, with an office in Chicago, Altek provides health information technology for both the government and commercial sectors. Founded in 2004, it is privately held and a woman-owned...


Canada adds 81,100 jobs in August, largely in part-time work

September 6, 2019

Following three consecutive months of little change, Canada added 81,100 jobs in August, according to seasonally adjusted data released today by Statistics Canada. On a year-over-year basis, the number of jobs was up by 471,300.

Job gains in August were largely in part-time work; the number of full-time...


US workers’ confidence falls to lowest level in a year: Yoh

September 6, 2019

Workers’ confidence in the US fell to its lowest level since the second quarter of 2018. Following an all-time-high at the start of the year, staffing provider Yoh and HRO Today magazine reported their quarterly Worker Confidence index fell to 104.9 the second quarter — down 5.8 points...


US private sector adds 195,000 jobs in August, largest gain in four months: ADP

September 5, 2019

The US labor market bounced back in August with the private sector adding 195,000 jobs, according to the ADP National Employment Report released today.

“In August we saw a rebound in private-sector employment,” said Ahu Yildirmaz, VP and co-head of the ADP Research Institute. “This is the first...


Economy expanding at 'modest' pace, staffing firms report tight labor markets pressuring wages: The Beige Book

September 5, 2019

On balance, the economy expanded at a “modest pace” through the end of August, according to The Beige Book report released Wednesday by the Federal Reserve. Although concerns regarding tariffs and trade policy continued, the majority of businesses remained optimistic about the near-term outlook.

The...


PeopleShare acquires Chicago-based staffing firm

September 5, 2019

PeopleShare, a Collegeville, Pennsylvania-based company that provides temporary staffing and outsourced HR services on the East Coast, acquired Best Practices Staffing of the Greater Chicago area.

Founded in 2008, Best Practices Staffing, now operating as Best Practices Staffing, a PeopleShare...


TotalMed buys Indiana-based healthcare staffing firm

September 5, 2019

TotalMed, a nationwide clinical travel solutions and MSP services provider, acquired Medical Staffing Solutions LLC. TotalMed said the deal combines Medical Staffing Solutions’ talent pipeline with TotalMed’s job pairing technology.

Both brands will remain. Medical Staffing Solutions will continue...


US nonmanufacturing activity expands at faster rate, but employment pace slows

September 5, 2019

Economic activity in the US nonmanufacturing sector expanded in August at a faster pace than in July, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s nonmanufacturing index rose in August to a reading of 56.4 from July’s reading of 53.7, representing...


Brazil court rules Uber drivers are not employees (Reuters)

September 5, 2019

A Brazilian high court ruled that Uber drivers are freelancers, not employees of the human cloud, ride-sharing company. Reuters reported the decision bolsters Uber's business model in its second-largest market. The ruling, published on Wednesday, was the first time a Brazilian superior court has ruled...