For the second consecutive month, the Conference Board Employment Trends Index (ETI) declined in November, dropping to 117.65 after coming in at 118.74 in October (downward revision). This downward trend suggests slower job growth in the coming months.
“The labor...
From Cognizant’s upcoming acquisition of AustinCSI to DISYS’ acquisition of Grand Circus, here are some of the latest mergers and acquisitions in the staffing industry.
Cognizant
Cognizant entered into an agreement to acquire management consulting firm AustinCSI, which specializes in enterprise...
From ZRG’s acquisition of Hub Recruiting to DHR Global’s acquisition of Boyden’s Prairies, here are some of the latest mergers and acquisitions in the staffing industry.
ZRG Acquires Hub Recruiting
Global talent advisory firm ZRG recently announced its acquisition of boutique...
Staffing jobs increased 2.1% year-to-year in Q3 2022, according to new data from the American Staffing Association (ASA), and U.S. staffing companies employed an average of 2.8 million temporary and contract workers per week. Temporary and contract staffing sales...
Continuing its downward trend, the US Conference Board Leading Economic Index (LEI) fell 1.0% to 113.5 in November, after a 0.9% decrease in October (revised). Over the past six months, the LEI has declined 3.7%, a significantly higher drop...
Protiviti’s acquisition of R2i and Pearson’s acquisition of PDRI are among the latest mergers and acquisitions in the staffing industry.
Protiviti Acquires R2i
Global consulting firm Protiviti announced its acquisition of R2integrated (R2i), a digital experience agency. The acquisition will support...
The number of quits inched up to 4.2 million during the month of November, according to the most recent BLS Job Openings and Labor Turnover Summary. This is slightly more than the 4.0 million quits reported in October. The...
Employment growth in the private sector rose slightly in December with the addition of 235,000 jobs, according to the latest ADP National Employment Report. This follows a gain of 127,000 jobs in November.
“The labor market is strong but fragmented,”...
Nonfarm payroll employment added 223,000 jobs in December, following an increase of 256,000 jobs in November (downward revision), according to the latest data from the Bureau of Labor Statistics (BLS).
This brings the total increase in payroll employment for 2022...
The Conference Board Employment Trends Index (ETI) fell again in December, down to 116.31 from 117.14 in November (downward revision).
This marks the third consecutive month the index has decreased, suggesting that job growth will continue to moderate in the...
