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