September 2018 News

    STAFFING NEWS ROUNDUP

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

    September 3, 2018

    Manufacturing expanded in August

    Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 112th consecutive month, according to the Institute for Supply Management. 

    September 4, 2018

    Consumer sentiment in US is better than forecast in August

    U.S. consumer sentiment dropped from 97.9 in July to a seven-month low of 96.2 in August, according to a report from the University of Michigan. The August reading was higher than the expected reading of 95.5.

    September 5, 2018

    Companies ramp up worker retraining efforts

    Many U.S. companies are retraining less-educated workers for more sophisticated tasks. In fact, two-thirds of manufacturers plan to increase training in the next year, according to a study from the National Association of Manufacturers.

    September 6, 2018

    Self-driving technology threatens trucking jobs

    Autonomous vehicles could replace approximately 294,000 long-distance truck drivers over the next 25 years, which could substantially reshape freight-industry employment, according to a new research paper by Steve Viscelli, a sociologist out of the University of Pennsylvania.

    September 7, 2018

    Staffing employment at an 18 year high for Q2

    U.S. staffing companies employed an average of 3.2 million temporary and contract workers per week in the second quarter of 2018—the greatest number for any second quarter in 18 years. Staffing employment increased 2.3% from 2Q17 to 2Q18, marking the largest year-to-year growth for any quarter in three years.

    September 10, 2018

    Different generations agree on career aspirations but differ on tech

    Multiple generations of workers coexisting in today's labor force have different views on the use of technology and carry stereotypes about their older or younger colleagues, according to a new CompTIA report. However, they are in general agreement when it comes to career aspirations.

    September 11, 2018

    AI and Robotics will create almost 60 million more jobs than they will destroy by 2022

    Developments in artificial intelligence and automation could result in as many as 75 million jobs being displaced. However, approximately 133 million new roles may emerge, translating to around 58 million net new jobs being created by 2022.

    September 12, 2018

    Lack of information about compensation is biggest frustration in interview process

    A lack of information about a job’s total compensation package — including pay and benefits — is among the biggest frustrations for US workers and job seekers during the interview process, according to a recent Glassdoor survey.

    September 13, 2018

    Dept. of Labor announces assistance for Hurricane Florence recovery

    The U.S. Department of Labor has announced actions it is taking to assist Americans in states affected by Hurricane Florence. The Employment and Training Administration is prepared to provide Disaster Dislocated Worker Grants to help affected states assess workforce needs.

    September 14, 2018

    Forecasters say U.S.-China trade war bad for the economy

    The U.S. economy will expand at a robust pace in coming quarters but slow to 2.0% by the end of 2019, according to a poll of 113 economists by Reuters.  All 70 economists who answered an additional question said the trade conflict is bad for U.S. growth, posing downside risks to what is otherwise an upbeat outlook for the near-term.

    September 17, 2018

    Jobless claims average falls, initial claims at new 49-year low

    The US four-week moving average of initial claims for unemployment insurance fell to 205,750 last week, down 2,250 from the previous week’s unrevised average, the US Department of Labor reported. This is the lowest level for this average since Dec. 6, 1969, when it was 204,500.

    September 18, 2018

    Conference Board Leading Economic Index up in August

    The Conference Board’s US Leading Economic Index rose 0.4% in August from July to a reading of 111.2. The leading indicators are consistent with a solid growth scenario in the second half of 2018 .

    September 19, 2018

    Securing tech talent takes a mix of recruiters, flexibility, and higher salaries according to survey

    Information technology decision makers are trying a range of recruiting strategies to land the best talent for their teams, according to a survey of more than 2,500 senior managers by Robert Half. 

    September 20, 2018

    Office of Federal Contract Compliance Programs announces new policies

    The U.S. Department of Labor's Office of Federal Contract Compliance Programs has announced two directives focused on providing more transparency in OFCCP activities as an essential tool for promoting compliance.

    September 21, 2018

    Randstad US hiring more than 25,000 jobs ahead of holiday season

    Randstad US is hiring for more than 25,000 seasonal jobs across the country ahead of what is expected to be a busy holiday season for many industries. The jobs span a wide variety of job types and skills. 

    September 28, 2018

    Public staffing firms' median revenue grows near 7 year high

    Median revenue growth among the 21 publicly traded staffing firms operating in North America reached its highest rate in nearly seven years in the latest fiscal quarter, according to a new report released by Staffing Industry Analysts.

    September 29, 2018

    Employers expect healthcare costs to rise 5% next year

    On average, employers expect after-plan healthcare costs to increase 5.0% in 2019, up from 4.7% in 2018, according to Willis Towers Watson’s 23rd annual Best Practices in Health Care Employer Survey.

    September 30, 2018

    Tight labor market likely to push hourly wages higher this season

    Employers expect to fill more jobs and offer significantly higher wages than they did last year in order to attract seasonal workers in the fourth quarter, according to a survey of 1,000 employers by Snag.