Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Online staffing platform Jitjatjo raises $11 million

March 22, 2019

Online staffing platform Jitjatjo raised $11 million in Series A funding led by Morningside Technology Ventures. Mick Sawka of Morningside Technology Advisory LLC will join Jitjatjo’s board.

Founded in 2016, New York-based Jitjatjo is an on-demand staffing platform that connects hospitality business...


Economists raise 2019 job growth forecast but expect slowdown in 2020

March 22, 2019

Economists raised their estimate for job gains this year but expect a slowdown in 2020, according to the first-quarter Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia.

The projections for the annual average level of nonfarm payroll employment now suggest job...


Department of Labor publishes new overtime rule; comment period ends May 21

March 22, 2019

The Office of the Federal Register on Thursday published the US Department of Labor’s Notice of Proposed Rulemaking that would make more employees who work in an “executive, administrative and professional” capacity eligible for overtime.

The US Department of Labor’s Wage and Hour Division...


Four states tie for lowest unemployment rate in February at 2.4%

March 22, 2019

Iowa, New Hampshire, North Dakota and Vermont tied for the lowest unemployment rate among all states in February at 2.4% each, according to seasonally adjusted data released today by the US Bureau of Labor Statistics. Hawaii followed at 2.7%.

On the other hand, Alaska recorded the highest jobless rate...


Collaboration in the Gig Economy Europe conference is next week

March 22, 2019

The Collaboration in the Gig Economy conference is next week in London. The event brings together technology suppliers, HR executives, procurement executives and others to discuss the latest trends in the human cloud and explore strategies for improving the performance of the talent supply chain.

Industry...


People: AMN, Cielo, Robert Half and more

March 22, 2019

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing provider, announced Jennifer Knippenberg joined AMN as senior VP, recruiting process outsourcing solutions. She most recently was the global leader, client strategy, at PeopleScout. Knippenberg...


Staffing 360 revenue up 25% in Q4 with acquisitions

March 21, 2019

Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK, reported fourth-quarter revenue rose 24.6% to $74.1 million. 

Fourth-quarter revenue includes $19.8 million from four acquisitions, the company said in a conference call with investors: Clement May and ...


CEOs lower outlook for GDP, hiring plans; economic outlook remains solid

March 21, 2019

CEOs now expect 2019 US gross domestic product growth of 2.5%, down from their estimate of 2.7% made in the fourth quarter, according to the Business Roundtable’s first-quarter 2019 CEO Economic Outlook Survey.

CEOs’ first-quarter hiring plans also declined. Expectations for sales and plans for capital...


US Leading Index rises for first time in five months

March 21, 2019

The US economy will likely continue to expand in the near term, The Conference Board forecasts in its US Leading Economic Index, released today. The index in February increased for the first time in five months.

February’s index reading rose 0.2% to 111.5 (2016 = 100). That follows no change in January,...


Canada adds 36,200 jobs in February: ADP

March 21, 2019

Canadian employment rose by 36,200 jobs in February from January, according to the ADP Canada national employment report released today.

“We saw continued strength in employment growth this month,” said Ahu Yildirmaz, VP and co-head of the ADP Research Institute. “There were significant increases...