Hiring news and trends

More Job Seekers Are Turning to AI to Write Resumes
artificial intelligence // August 16, 2024

Artificial intelligence (AI) has emerged as the go-to resume writer for most job seekers, a striking change that is reshaping the job market landscape. About half of the candidates searching for new positions are now turning to AI to craft their resumes. This marks a...

KarmaCheck Raises $45 Million for Background Check, Credentialing Platform
Investments // June 27, 2024

KarmaCheck has raised $45 million in a Series B funding round to accelerate the development of its technology-based solution for background checks, credentialing and compliance. The company will also scale its service levels and expand into new industry verticals, KarmaCheck said in a Thursday (June...

Information Sector Loses 4,000 Jobs While Overall Employment Grows
Economy // May 01, 2024

Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs during the month, the human resources (HR) and payroll solution provider said in a Wednesday (May 1) press release detailing...

AI Driving Layoffs: How Technology is Transforming the Workforce
artificial intelligence // February 09, 2024

Artificial intelligence (AI) is rapidly advancing and transforming industries across the globe. While it promises to enhance productivity and efficiency, there is growing concern about its impact on jobs. Companies like United Parcel Service Inc. (UPS) and BlackRock Inc. have recently undergone significant layoffs, according...

Interviews & Exclusives
Square Talks Temp Payroll

December 21, 2018
The holiday season always brings with it a major crush of hiring for temporary employees — and the year 2018 was widely forecasted to be one for the record books on that account. According to a Challenger, Gray & Christmas analysis, employers were predicted to bring in around 700,000 seasonal workers for the December holidays, […]

Tilr CEO: Why Algorithms Make The Best Recruiters

April 04, 2018
The art and science of using the internet as a tool to recruit employees hasn’t just fundamentally changed once in the last 15 or so years – it has actually...

Solving The Trust Factor For Resumes…With Blockchain

March 29, 2018
In hiring, here’s the eternal conundrum…how to make sure someone has the experience under their belt that they claim. Blockchain and smart contracts can help companies and employees find one...

Quick Reads
Ex-Klarna UK CEO Alex Marsh Named Chair of Salad Money

December 18, 2024
British financial institution Salad Money has named Klarna’s former U.K. CEO to chair its board. Alex Marsh, whose appointment was announced Wednesday (Dec. 18) in a news release provided to PYMNTS, succeeds Sir Tim Melville-Ross, who has held the chair position since Salad launched in 2019. “Alex brings over 20 years of leadership experience in […]

KarmaCheck Raises $45 Million for Background Check, Credentialing Platform

June 27, 2024
KarmaCheck has raised $45 million in a Series B funding round to accelerate the development of its technology-based solution for background checks, credentialing and compliance. The company will also scale...

Information Sector Loses 4,000 Jobs While Overall Employment Grows

May 01, 2024
Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs during the month, the human...

AI Driving Layoffs: How Technology is Transforming the Workforce

February 09, 2024
Artificial intelligence (AI) is rapidly advancing and transforming industries across the globe. While it promises to enhance productivity and efficiency, there is growing concern about its impact on jobs. Companies...