Impact Management Services, a staffing firm, found it was losing money as it became larger, according to Crain's Detroit Magazine. It grew difficult from an HR perspective to keep track of employees and make sure they were getting paid."The complexities continued to mount. We were dedicating tremendous resources and effort to solve issues there and…
Read the full storyTemporary workers are on the rise, according to the latest study by the Bureau of Labor Statistics. Temp jobs rose by approximately 14,300 in May for a total of nearly 2.9 million in total. The penetration rate for temporary jobs was 2.07 percent in May. In April, the penetration rate was 2.06 percent. Unemployment stood at…
Read the full storyLabor market conditions are good, according to the Federal Reserve's latest Beige Book report released June 4. Hiring is picking up at a "moderate" pace in many of the major U.S. cities. Consumer spending has also increased. Consumer spending is often the sign of a strong economy. Activity in what the Federal Reserve calls "the…
Read the full storyEmployment in the U.S. rose by 179,000 jobs in May, according to Automatic Data Processing's national employment report. The three month average, according to Staffing Industry Analysts, has been 198,000 per month.Year over year, May has seen higher growth, but the number of jobs added in April was 215,000."Job growth moderated in May," said Mark…
Read the full storyThe Institute for Supply Management has released its monthly report on business growth. The current Purchasing Managers Index has risen to 55.4, which indicates expansion is happening in the manufacturing industry at a faster pace than it was in April, when the reading was 54.9 percent. The number was recently corrected after a software error,…
Read the full storyThe Staffing Stream has posted a new blog with career tips for those in the temporary staffing industry. It is heartening to hear Traci Fiatte, who works as group president for a major staffing company, say her goal as someone who pairs temporary workers with jobs is to ultimately craft and shape a career where…
Read the full storyBusiness News Daily recently weighed the pros and cons of HR outsourcing services. In fact, there are many benefits to this. One is the ease of having another company doing the grunt work. A lot of time is freed up when the paperwork involved with employees is taken out of the picture. Companies can use…
Read the full storyThe staffing industry is in the best shape it's been for the last eight years, according to the American Staffing Association. Staffing companies have employed an average of 2.96 million temporary and contract workers per week, which is a 3.2 percent increase year-over-year."Businesses continue to turn to staffing companies for flexible workforce solutions and to…
Read the full storyThe American Staffing Index for the week of May 12-18 rose 3.4 percent year-over-year. The index stands at 97. This is good news for staffers because the index measures how many are employed in the staffing industry. The index is reported every nine days. The index has been steadily rising toward 97 since the week ending…
Read the full storyThe Governor of Hawaii has signed Bill 2609, which will increase the state's minimum wage to $10.10 an hour from $7.25 over a period of the next four years. This will likely help those who need extra money due to inflation."A hardworking sector of our community has gone seven years without a raise," Hawaiian Governor…
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