June 2018 News

    STAFFING NEWS ROUNDUP

    Here are our top staffing industry news picks for the month of June

    June 1, 2018

    US temp jobs fall in May

    US temporary help services jobs fell by 7,800 in May from April but increased 3.0% on a year-over-year basis, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. The temp penetration rate — temporary jobs as a percent of total employment — ticked down to 2.03% in May from April’s figure of 2.04%.

    June 4, 2018

    IT sector records 4th consecutive month of job growth

    The information technology sector added an estimated 8,700 new jobs in May, the fourth consecutive month of employment growth, according to technology industry association CompTIA. Employers posted nearly 314,000 job openings for IT occupations in May, an increase of 80,930 from April.

    June 5, 2018

    June is National Safety Month

    June is National Safety Month, and ASA is partnering with the National Safety Council to promote temporary worker safety. Watch ASA general counsel Stephen Dwyer explain how the association is working to help its members reduce workplace injuries in this video. More details can be found at this link.

    June 6, 2018

    Blockchain tops list of fastest-growing skills on Upwork platform

    Blockchain topped online staffing provider Upwork’s first-quarter list of the 20 fastest-growing skills in the US freelance job market. Blockchain’s growth exceeded 2,000% for three quarters in a row on Upwork.com, and it posted more than 6,000% year-over-year growth in the first quarter. 

    June 7, 2018

    AI and robotics will augment rather than replace humans

    Artificial intelligence and robotics may be forces changing the world of work, but some are confident they will augment human workers — not take jobs, writes Tom Davenport in Forbes. Once concern is getting people to learn new skills. 

    June 8, 2018

    Canadian jobs fall nearly flat in May, but up year over year

    Employment in Canada was little changed in May, edging down by 7,500 jobs from April to a total of almost than 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. 

    June 11, 2018

    Entrepreneurs cite hiring and staffing as top challenges of growth

    Owners of small and mid-size businesses say finding and keeping good employees is their greatest concern for 2018, according to a survey of more than 1,000 SMB owners by the Business Journals. When asked "What are the issues that you're most concerned about?," 51% said they are very concerned with finding and keeping good employees.

    June 12, 2018

    Global staffing revenue hits $461 billion, SIA forecast calls for growth

    The global staffing industry generated an estimated $461 billion in revenue worldwide in 2017, according to the “Global Staffing Industry Market Estimates and Forecast: May 2018 Update” released by Staffing Industry Analysts. Three countries — the US, Japan and the UK — comprised a majority of the revenue, and the top 17 countries combined accounted for 90% of total global staffing revenue.

    June 13, 2018

    US hiring to remain strong in Q3 according to Manpower survey

    US employers’ hiring outlooks remain strong for the third consecutive quarter, according to the latest Manpower Employment Outlook Survey, released today by ManpowerGroup Inc. The US ranked among the strongest outlooks for hiring among the 44 countries surveyed in the report. Other countries with solid hiring outlooks included Croatia, Taiwan, Japan, and Hungary.

    June 14, 2018

    Getting millennial nurses to commit to your organization 

    Millennial's have a different view of the world than that of previous generations. Gauging what is important to them and how to keep them engaged can be daunting. According to the Advisory Board, engagement for a millennial is not a predictive index of intent to stay with a company. 

    June 15, 2018

    Former CareerBuilder exec sues company for sexual harassment

    A former CareerBuilder executive sued the company in federal court claiming sexual discrimination. The suit says the company had a culture that turned a blind eye toward sexual harassment and bullying of women. An example of discrimination in the suit includes a male executive who, uninvited, followed a female executive to her hotel room.

    June 18, 2018

    Online lenders are tightening their underwriting 

    Investors in platforms like SoFi and Prosper are pushing the companies to produce better performing loans, spurring tighter underwriting standards. This is happening as banks and institutional lenders hit a record high last month for percentages of approved loans to SMEs, according to a new study.

    June 19, 2018

    Construction employment rises in most states year-to-year

    Forty-two states and the District of Columbia added construction jobs between May 2017 and May 2018, while 28 states added construction jobs between April and May, according to the Associated General Contractors of America. 

    June 20, 2018

    Web and mobile dev professionals most in-demand creative talent

    Digital initiatives will drive hiring of creative professionals in the second half of the year, according to new research by The Creative Group. Web and mobile development are the top areas for hiring and the hardest to staff.

    June 21, 2018

    Opioid crisis disproportionately affects construction industry

    Construction workers are turning to prescription medications to treat pains from years of physical labor, and the opioid crisis is affecting the industry disproportionately: in 2016, construction workers in Ohio were 7.2 times more likely than workers in other industries to die from opioid-related overdoses.

    June 22, 2018

    US economic growth moderates in May

    The Conference Board’s US Leading Economic Index edged up 0.2% in May to a reading of 109.5, following increases of 0.4% in both April and March. “While May’s increase in the U.S. LEI was slower than in recent months, the improvements in a majority of its components offset the declines in leading indicators of labor markets and residential construction."

    June 25, 2018

    Federal Reserve supports continued gradual rate increases

    Members of the U.S. Federal Reserve's rate-setting committee broadly support a continued gradual increase in interest rates because U.S. economic growth is strong, Chairman Jerome Powell said yesterday. Powell's prepared remarks for the European Central Bank's annual policy conference highlighted the risks of allowing unemployment to fall too far below the level expected to prevail over the long run.