Global Daily News

  • Temp job numbers continue recovery in July, but still down 19% over year

    The number of temporary help jobs in the US rose by 143,700 in July, according to seasonally adjusted data released today by the US Bureau of Labor Statistics. The 2.38 million temp jobs remained below the pre-pandemic level of 2.89 million in March. Still, the temp penetration rate — temporary jobs as a percent of total employment — rose in July to 1.71% from 1.62% in June.Temp job numbers had fallen dramatically in April, down 30.6% from the same period a year ago. They have been increasing since. In July, temp jobs were down by 18.9% year over year.July’s addition of 143,700 temp jobs was in line with the 143,800 added in June. May had added 46,900 jobs following a loss of 840,500 in April.One note, the BLS revised downward the number of temp jobs added in June by 5,100.“The unprecedent …

  • AMN revenue up 14% in Q2 with organic growth at 2%; travel nurse leading gain

    AMN Healthcare Services Inc. (NYSE: AMN) reported revenue rose 13.7% in the second quarter with travel nurse revenue leading the way, but revenue was up 2% on an organic basis. (US$ thousands) Q2 2020 Q2 2019 % change Revenue $608,351 $535,177 13.7% Gross profit $197,540 $179,542 10.0% Gross margin percentage 32.5% 33.5%   Net income $22,325 $28,869 -22.7% Nurse and allied revenue was up 20.8%; on an organic basis excluding the 2019 acquisition of Advanced Medical, it rose 13%,. However, travel nurse revenue was up 41% year over year and up 35% on an organic basis.Revenue in AMN’s “technology and workforce solutions” segment was up 123.4%, but the increase was 3% on an organic basis. The company acquired Stratus Video and b4health in February. Technology and workforce solutions includ …

  • Canadian job numbers continue to improve in July

    Canada added 418,500 job in July from June for total employment of more than 17.8 million, according to seasonally adjusted numbers released today by Statistics Canada. Still, employment was down 7.0% from its pre-pandemic level in July. The monthly increase was lower than the 953,000 jobs added in June.July’s gains were mostly in part-time jobs, which increased by 345,300. The number of full-time jobs rose by 73,200.Gains were mainly in the private sector, which added 375,800 jobs in July from the previous month. The number of public-sector jobs rose by 48,900 in July, but the number of self-employed fell by 6,200.Canada’s unemployment rate fell to 10.9% in July from 12.3% in June.Ontario added 150,700 jobs in July. Of those, 5,600 were full-time and 145,100 were part time.

  • People: Codesmith, Nelson, The Judge Group, Floyd Lee Locums, iO Associates

    Codesmith, a staffing provider based in Buckhead, Georgia, hired Jennifer Beck as president. Beck previously led the global interim and contract solutions practice at Korn Ferry, and she was CEO of Hire Velocity, an RPO provider, prior to that. She had also founded BHS Hire, an RPO, contingent labor and executive search firm that was acquired by Hire Velocity. Beck had also previously served as president and CEO of Impellam North America.Robert Chaudron joined Nelson, a workforce solutions provider, as senior business development manager. Chaudron will be based out of Nelson’s offices in Campbell, California, and Santa Rosa, California.The Judge Group named Dennis McDonald as senior VP of banking, financial services and insurance. It’s a newly created role for the Wayne, Pennsylvania-based …

  • Covid-19 lengthens workdays by 48.5 minutes (Bloomberg)

    The average workday lengthened by 48.5 minutes after Covid-19 hit and many more employees began working from home, Bloomberg reported, citing a study of 3.1 million people in North America, Europe and the Middle East. Researchers looked at employee behavior over two eight-week periods — before and after lockdown.

  • World – Kelly Services feels Covid-19 impact, revenue down 28% in constant currency

    Kelly Services Inc. reported Covid-19 negatively affected demand in the second quarter and revenue fell 27.7% in constant currency. Net earnings also fell; however, gross margin improved.“The impact of Covid-19 continued throughout the second quarter as closures and widespread uncertainty resulted in reduced customer demand and lower top-line growth,” President and CEO Peter Quigley said.Education and light industrial staffing businesses were the most affected. Still, Kelly Services reported continuing investment in the future and moved forward with a new front-office software platform in the US during the quarter. (USD millions) Q2 2020 Q2 2019 % change % constant currency Revenue 975.3 1367.5 -28.7% -27.7% Gross profit 189.2 244.0 -22.5% -21.7% Gross margin 19.4% 17.8%     Net …

  • Italy – Openjobmetis revenue down 15% in first half

    Openjobmetis SpA (OJM:MIL) reported revenue was down 14.9% as of 30 June, the half-year mark. The Milan-based staffing provider reported the impact from the Covid-19 pandemic negatively affected revenue as it spread in Italy during February.In April, the pandemic’s impact resulted in revenue falling 43% year over year, but things began looking up toward the end of the second half.“As early as May, the month in which the government allowed the reopening (albeit gradual) of production activities, there was a marked recovery in revenues compared to April,” according to the company. (EUR thousands) H1 2020 H1 2019 % change Revenue € 235,883 € 277,260 -14.9% Operating profit € 3,532 € 7,382 -52.2% Profit € 2,365 € 4,716 -49.9% Revenue in May was up 40% when compared to April, Openjobmetis repor …

  • World – Study finds 17% of top execs are unsuited for their companies

    When it comes to leadership, 17% of CEOs are unsuited to the companies they lead, according to research from Imperial College Business School.The study analysed the behaviour of 1,114 CEOs in Brazil, France, Germany, India, the UK and the US. It found that CEO behaviour can be broken down into two categories: leaders and managers.While managers focus on undertaking tasks and take a hands-on approach to their job, leaders prioritise high-level functions within an organisation. The research revealed that CEOs whose behaviour constitutes that of a leader generally run companies that are more productive and profitable.The 17% of CEOs not suited for their firm is largely thanks to the shortage of leader-type CEOs, according to the research.“The most important message is that there is no one-siz …

  • People – PageGroup, Dag1, HeadHunter, Gangmasters and Labour Abuse Authority, ADVtech

    PageGroup announced that it appointed Olly Harris as regional managing director of Page Outsourcing. Harris joins from Robert Walters Group where he was CEO of its Resource Solutions business. Harris will join PageGroup in September and will report to Chief Operating Officer Olly Watson.Dutch staffing firm Dag1 named Noor Hendrikx as CEO. Hendrikx officially began 3 August and takes over from Ingrid de Graaf and Maartje Daamen.Russian job board, HeadHunter Group, appointed Valentin Mashkov as non-executive director effective 5 August. Mashkov replaced Ion Dagtoglou, who is stepping down. HeadHunter also announced that Thomas Otter has been appointed as a member of the nominating and corporate governance committee.The Gangmasters and Labour Abuse Authority has appointed Ziggy MacD …

  • Germany – Job vacancies down 35.7% in Q2 (Xinhua)

    The number of job vacancies in the German labour market fell by 496,000 or 35.7%, year-on-year in the second quarter of 2020, reports Xinhua citing an analysis published by the German Institute for Employment Research, the research institute of Germany’s Federal Employment Agency. The decline in job vacancies was most severe in the manufacturing sector, where they dropped by 56% to 66,000 in Q2 of 2020.

  • Japan – UT Group, an engineering and technical staffing firm, reports fiscal Q1 revenue up 0.4%

    Engineering and technical staffing firm UT Group Co. Ltd. (2146:TYO) reported on Wednesday that revenue rose 0.4% in its first quarter ended 30 June.The Tokyo-based company reported production in the semiconductor and electronic components sector was impacted by US-China trade friction and the spread of Covid-19 has dampened demand for workers, which lasted through the first quarter. It also reported the automotive-related sector saw week demand for workers as the pandemic spread.Still, UT Group reported it was able to maintain sales levels and the top line was boosted by M&A. (JPY millions) Q1 2021 Q1 2020 % change Q1 2021 (USD millions) Net sales                    25,829     …

  • Japan – Outsourcing reported revenue down 2.8% in first half, expects to achieve original full-year budget

    Outsourcing Inc. (2427:TYO), a Tokyo-based global provider of staffing and outsourcing services, reported revenue fell 2.8% in the first half of its fiscal year to 30 June. The company noted Covid-19 impacted the first half but some business operations were unaffected, including business at US military facilities in the company’s “domestic engineering outsourcing business” in Okinawa, Japan, as well as other company segments.However, parts of the company’s overseas business were impacted by Covid-19. For example, the manufacturing outsourcing business mainly conducted in Germany, has been severely affected by the pandemic as numerous manufacturers have curtailed production due to lockdowns, and incurred expenses such as paid holidays or compensation for the period not available to work, to …

  • Japan – Crie Anabuki revenue up 1.6% in fiscal first quarter

    Crie Anabuki Inc. (4336:TYO), a provider of outsourcing and staffing, reported revenue rose 1.6% year over year in its fiscal first quarter, which ran from 1 April to 30 June. Crie Anabuki noted Covid-19 hit the economy in the first quarter with hiring freezes at companies. (JPY thousands) Q1 2021 Q1 2020 % change Q1 2021 (USD millions) Net sales              1,632,244              1,606,463 1.6%                                15,196 Gross profit               …

  • World – With nearly 4 million industrial robots by 2022, demand will rise for workers with robotics skills

    The International Federation of Robotics says there will be almost 4 million industrial robots in factories worldwide by 2022. And while that will drive demand for workers skilled in robots, countries must update their educational systems.“Governments and companies around the globe now need to focus on providing the right skills necessary to work with robots and intelligent automation systems,” said Milton Guerry, president of the International Federation of Robotics.“This is important to take maximum advantage of the opportunities that these technologies offer,” Guerry continued. “The post-corona recovery will further accelerate the deployment of robotics. Policies and strategies are important to help workforces make the transition to a more automated economy.”The organisation cited resea …

  • Japan – Altech Corp revenue and profits up in H1 2020

    Japanese technical staffing firm Altech Corp. (4641:JP) reported revenue for the first six months ended 30 June 2020 of JPY 17.48 billion (USD 165.7 million), an increase of 5.4% when compared to the same period last year. JPY millions) H1 2020 H1 2019 Change H1 2020 (USD millions) Revenue 17,483 16,589 5.4% 165.7 Operating Profit 1,785 1,644 8.6% 16.9 Net Income 1,426 1,206 18.3% 13.5 Altech Corporation, together with its subsidiaries, provides professional staffing services in the technical sector, primarily in Japan. The company operates in two business segments including the Outsourcing Service segment and the Global Segment.Both segments reported revenue growth. Operating income was up due to reductions in business travel expenses and collective training expenses.Looking ahead, Altech …

Latest Research

  • August US Jobs Report

    Event: In today’s monthly jobs report from the US Bureau of Labor Statistics (BLS), total nonfarm employment rose by 1.8 million in July on a seasonally adjusted basis. Temporary help services rose by 143,700 in July, very close to its record rise of 143,800 in June. The temporary agency penetration rate continued its robust rise, to 1.71% in July from 1.62% in June and the bottom of 1.57% in April, but remains well below pre-COVID levels of 1.9%. The national unemployment rate declined for the month, from 11.1% to 10.2%, though the decline was partially driven by a smaller labor force.12 of the 15 major industry groups gained jobs for the month. The group with the largest gain was once again leisure & hospitality, (up by 592,000) as it continues to recover from sharp declines in the e …

  • Interactive Directory of Suppliers to Staffing Firms

    This new interactive report identifies and categorizes specialist suppliers to staffing firms globally. Members can use this report to identify suppliers by both category and by geography.  With 25 different categories and over 1,300 firms, the Directory provides a comprehensive range of solutions and services that staffing firms may require to operate their businesses more efficiently and more effectively. Our categories range from specialist advisors and consultants, candidate engagement to compliance payroll & umbrella and many more.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Latin America Legal Update Q2 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across Latin America in Q2 2020.If you want information about the short-term measures governments are putting in place to deal with the coronavirus pandemic visit SIA’s Coronavirus Resource Centre:Brazil   Effective date of data protection law uncertain        Puerto Rico     New civil code amends law on contracts       Venezuela       Increase in minimum wage    Legal Disclaimer: The information contained in this report is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advice of …

  • Temporary Worker Survey 2020: Full Report

    Key Findings:The 2020 Temporary Worker Survey represents Staffing Industry Analysts’ ninth survey of the temporary worker population. A few key observations from the report: Temporary workers want permanent work with full-time hours, now and in the future. The majority of temporary workers would prefer to work in a traditional ongoing job — and only take temporary work either because they hope the temporary job will turn into a regular position or in order to supplement income while they seek permanent employment. Fifty-seven percent of temps want to work a full 40 hours per week; the remaining 43% are split roughly evenly between those who would prefer to work more than 40 hours per week and those who would prefer to work less. Nearly one in ten temporary workers earn income via the huma …

  • US Pulse Survey Report: July 2020 Selected Highlights

    Pulse survey respondents reported a median 19% y/y decline in their US temporary staffing revenue in June, which is in line with the reported 18% in May. Healthcare staffing was a bright spot in May, but this month, travel nursing (up a median 14%) was the only healthcare segment recording positive growth. Life sciences reported 3% y/y growth. All other staffing skill segments reported revenue declines in June, with the largest coming from the industrial (median -25% y/y), office/clerical (-22%), finance/accounting (-19%), and engineering/design (-19%) segments. Direct hire revenue was down a median 24% y/y. The full 41-page version of this special report contains 13 new pages showing in-demand job titles in June and July, new job titles with emerging demand, and questions on CARES Act loa …

  • Largest Direct Hire Firms in the UK

    The UK is the second largest direct hire market in the world, after the US, and the largest in Europe. We estimate this market was worth £3.1 billion (€3.5 billion) in 2019.  This report provides a ranking of the 20 largest providers of direct hire services in the UK based on revenues generated in 2019. The largest suppliers of direct hire services in the UK were Hays, PageGroup and Robert Walters. We have ranked companies by revenue, according to industry custom, but this ranking should not be taken to imply that a firm with a higher rank provides better service or more value to its shareholders. Our definition for direct hire revenue and the methodology for this report can be found on page 5. Revenue figures above represent SIA’s best estimate based on available information at the t …

  • Overview of the German Staffing Market

    • This report provides an overview of the trends and structure of the German staffing market. It provides an overview of market conditions in 2019 (p.3) and an analysis of the market conditions following the COVID 19 outbreak (pp.4 5).• The following pages offer analysis of the German labour market with a focus on the temporary agency work market (p.7) and a detailed breakdown of agency workers by occupational group (p.8). The data shows that agency work remains primarily focused on commercial segments.• Statistics on the total number and size of staffing firms in the market follows on p.10. Only 15% of licenced staffing firms in Germany employ over 100 temporary workers. In contrast, the biggest proportion of firms only employ 1 to 9 temporary workers.• Page 11 details the average assignm …

  • Salary Report for Germany

    In 2015 the German government introduced a national minimum wage (Mindestlohn) of 8.50 euros for more than 3 million workers. The minimum wage was last raised on 1st January 2020, to the current rate of EUR 9.35 per hour. Collective bargaining agreements with wages below the level of EUR 9.35 are therefore no longer permissible as of 1st January 2020. The next revision will enter into force as from 1st January 2020 when the minimum wage will increase to EUR 9.35.The federal minimum wage applies to almost all employees, including foreign workers, part-time workers, interns (under certain conditions) and people working through a probationary period. Overtime must also be paid at the same level unless it is instead used as time 'in lieu' that can be taken at a later date. The g …

  • Interactive Directory of Suppliers to Staffing Firms

    This new interactive report identifies and categorizes specialist suppliers to staffing firms globally. Members can use this report to identify suppliers by both category and by geography.  With 25 different categories and over 1,300 firms, the Directory provides a comprehensive range of solutions and services that staffing firms may require to operate their businesses more efficiently and more effectively. Our categories range from specialist advisors and consultants, candidate engagement to compliance payroll & umbrella and many more.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Middle East and Africa Legal Update Q2 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across the Middle East & Africa in Q2 2020.If you want information about the short-term measures governments are putting in place to deal with the coronavirus pandemic visit SIA’s Coronavirus Resource CentreUnited Arab Emirates     DIFC’s new data protection law  Nigeria  New visa laws to attract skilled labour     Legal Disclaimer: The information contained in this report is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advice of qualified legal counsel before acting on any of the information contained in this report.To download a pdf copy of this update, click …

  • Largest Staffing Firms in Japan and Market Overview: 2020 Update

    Japan is the second-largest staffing market in the world after the US but with a higher penetration rate than the US. Recruit is the market leader with a share of 12%, followed by Persol (9%) and, in third place, newly promoted Outsourcing Inc. with 3% of the market. The highest-ranking foreign international player is Adecco Group in fifth place. The Top five account for 28% of the market. We have ranked companies by revenue, according to industry custom, but this ranking should not be taken to imply that a firm with a higher rank provides better service or more value to its shareholders. To download a full copy of this report, click below: largest Staffing Firms and Market Overview Japan – You do not have permission to view this object.

  • Salary Guide for India

    Last year parliament passed the Code on Wages Act, 2019. The Act replaces four labour regulations – the Minimum Wages Act, 1948; Payment of Wages Act, 1936; Payment of Bonus Act, 1965; and Equal Remuneration Act, 1976. Its purpose to regulate wage and bonus payments for all the employees across industry, trades & businesses.The provisions of the Minimum Wages Act and the Payment of Wages Act used to apply only to workers drawing wages below a particular ceiling and working in scheduled employment* (roughly 40% of the entire workforce). However, under the Code, the minimum wages and the payment of wages provisions cover all establishments, employees and employers as defined unless specifically exempt (such as members of the armed forces and apprentices).Under the Code the central govern …

  • APAC Financial Results Q1 2020

    Revenue in the reported 54 publicly traded staffing firms in the Asia Pacific region rose by a median of 7.0% during Q1 2020, compared to the same period in 2019. Among the companies included in this report, twelve reported a decrease in revenue. The Covid-19 outbreak negatively impacted the results of many staffing firms during the reporting periods. Median gross margin grew by 0.1% compared to last year. Median net income rose by 4.6%. Due to the varying nature of financial reporting styles across APAC, some companies reported their revenue in only half years and other diverse periods. Japan – We include 37 Japanese-based staffing companies. These reported year-on-year median revenue growth of 6.7%. Six firms reported a decrease in revenue. Australia – The report included job board SEEK. …

  • Interactive Directory of Suppliers to Staffing Firms

    This new interactive report identifies and categorizes specialist suppliers to staffing firms globally. Members can use this report to identify suppliers by both category and by geography.  With 25 different categories and over 1,300 firms, the Directory provides a comprehensive range of solutions and services that staffing firms may require to operate their businesses more efficiently and more effectively. Our categories range from specialist advisors and consultants, candidate engagement to compliance payroll & umbrella and many more.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Overview of the Indian Staffing Market

    The vast majority of Indians work in the unorganised or ‘informal’ sector. Formal sector employment totalled 74.9 million in 2018, only 16% of the workforce (see page 3).Before COVID-19 the Indian Staffing Federation (ISF) estimated that 11.03 million more jobs will move from informal to formal between 2018-21 moving the total formal number to 102 million, a compound annual growth rate (CAGR) of 10.8% (see page4).Between 2015 and 2018 the Tripartite or ‘Flexi’ workforce (as temporary staffing is referred to in India) has increased by 1.2 million to 3.3 million. Two-thirds of this increase (0.8  million) was due to a variety of policy and reform issues (see page 6).Before the COVID-19 outbreak, the ISF estimated that temporary staffing would grow at 22.7% between 2018-2021 to reach a 6 …