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Roundup: Local influencer turned designer / Mortgage rates / Walmart’s warning
Baton Rouge Business Report· 2026-02-19 20:55
Luxury sleepwear: Baton Rouge influencer Claire Couvillion Smith is turning her brand into product, launching Couv Collections, a luxury sleepwear line built on her signature feminine aesthetic. Two years of development, custom patterns and hands-on design show how creators can diversify beyond sponsored content. With her sister as operations manager, Smith is scaling while balancing motherhood and plotting home and baby lines. Read the full story from InRegister. Three-year low: The average long-term U.S. ...
Job openings drop to lowest level since 2020
Fastcompany· 2026-02-05 22:41
Group 1 - The Labor Department is expected to report an addition of approximately 70,000 jobs for January, an increase from 50,000 in December [1] - ADP reported that private employers added only 22,000 jobs last month, significantly below expectations, while Challenger, Gray & Christmas noted over 108,000 job cuts, marking the highest since October and the worst January for job cuts since 2009 [2] - The chief economist at Navy Federal Credit Union indicated that the hiring recession is likely to persist, with job openings in December dropping to their lowest level since September 2020, reflecting a lack of hiring interest in the current economy [3]
DHI Group (NYSE:DHX) Conference Transcript
2026-02-05 19:02
DHI Group (NYSE: DHX) Conference Summary Company Overview - DHI Group operates two tech-oriented recruiting platforms: ClearanceJobs and Dice, which connect employers with tech talent in the U.S. [4][5] - The company is headquartered in Denver, Colorado, and is listed on the New York Stock Exchange under the symbol DHX [4]. Financial Performance - In 2025, DHI Group reported $128 million in revenue and $126 million in bookings, with a five-year CAGR of 2% for revenue and a decline of 1% for bookings [7]. - Adjusted EBITDA was $35 million, resulting in a 27% Adjusted EBITDA margin [7]. - The company generated $21 million in operating cash flow and $14 million in free cash flow [7]. - Over 90% of revenue is recurring, with a significant portion coming from subscription contracts [6][20]. Market Dynamics - The tech staffing sector, which constitutes over 80% of Dice's revenue, is beginning to recover after a hiring recession [7][32]. - The U.S. tech workforce has grown by approximately 3% annually over the past 30 years, with a forecasted growth of at least 15% over the next decade [9][14]. - The average salary for tech professionals in the U.S. is around $111,000, significantly higher than the average worker's salary of $50,000 [11]. Competitive Advantages - DHI Group differentiates itself through specialized search algorithms that focus on tech skills rather than job titles [5]. - The company has a unique skills taxonomy that categorizes over 100,000 tech skills, which is patented and central to its value proposition [16]. - ClearanceJobs is the leading platform for accessing technology professionals with government clearances, a niche not served by competitors like LinkedIn [10]. Recent Developments - DHI Group has introduced a self-service option for managing Dice subscriptions and is testing a premium candidate experience for ClearanceJobs [6]. - The company acquired Agile ATS, an applicant tracking system optimized for government hiring, which has seen revenue growth since its integration [6][35]. - A share buyback program was reinstated, with $11.4 million worth of shares repurchased in 2025 [8]. Future Outlook - The U.S. defense budget is expected to increase significantly, providing opportunities for ClearanceJobs to expand its services to existing contractors [13][36]. - DHI Group aims to achieve a 25% Adjusted EBITDA margin for 2026 and is targeting growth in a normalized demand environment [23][30]. - The company plans to continue exploring tuck-in acquisitions to enhance its service offerings [36]. Challenges - The HR tech space has faced challenging market conditions, with bookings and revenue declining year-over-year [23][30]. - Dice's bookings have a five-year CAGR of -7%, with recent quarters showing a decline in revenue [29]. Key Metrics - ClearanceJobs revenue in 2025 was $55 million, with a five-year CAGR of 12% [28]. - Dice revenue in 2025 was $73 million, with a five-year CAGR of -4% [28]. - ClearanceJobs has a 90% revenue renewal rate and a 109% retention rate [28]. Conclusion - DHI Group is positioned to capture growth in tech hiring, supported by a strong subscription model and a focus on specialized tech recruitment [31].
U.S. Added Just 50,000 Jobs In December, Entertainment Industry Employment Falls
Deadline· 2026-01-09 14:49
Group 1 - Employers added only 50,000 jobs in December, indicating a hiring slowdown despite economic growth [1] - The unemployment rate decreased slightly to 4.4%, with job gains primarily in food services, drinking places, health care, and social assistance, while retail trade lost 25,000 jobs [2] - The U.S. is experiencing a "hiring recession," with minimal hiring outside of healthcare and hospitality, marking 2025 as the worst year for hiring outside of a recession since 2003 [3] Group 2 - The gross domestic product grew at an annualized rate of 4.3% in the third quarter, significantly exceeding expectations [4] - The Bureau of Labor Statistics revised previous job figures, reporting a loss of 173,000 jobs in October and a gain of 56,000 in November [4] - Average hourly earnings increased by 12 cents, or 0.3%, to $37.02 in December, with a year-over-year increase of 3.8% [4]
Stock Market Today: S&P 500, Nasdaq Futures Gain, Dow Flat—Accenture, Micron Technologies And FedEx In Focus
Benzinga· 2025-12-18 09:19
Market Overview - U.S. stock futures are slightly higher after a decline on Wednesday, driven by concerns over a "hiring recession" following the November jobs report [1] - The November Consumer Price Index is anticipated as a crucial inflation indicator that could influence market trends for the remaining trading days of the year [1] Treasury Bonds and Market Projections - The 10-year Treasury bond yielded 4.13%, while the two-year bond was at 3.46% [2] - The CME Group's FedWatch tool indicates a 73.4% probability that the Federal Reserve will maintain current interest rates [2] Stock Performance - The SPDR S&P 500 ETF Trust (SPY) increased by 0.23% to $672.95, and the Invesco QQQ Trust ETF (QQQ) rose by 0.55% to $603.70 in premarket trading [2] - Accenture PLC shares decreased by 0.27% ahead of its fiscal first-quarter results, with expected earnings of $3.75 per share on revenue of $18.52 billion [6] - Micron Technology Inc. shares rose by 9.61% following a better-than-expected first-quarter performance and a strong outlook for the second quarter [6] - FedEx Corp. shares fell by 0.07% pre-market, with analysts expecting earnings of $4.10 per share on revenue of $22.79 billion [6] - Nike Inc. shares increased by 0.44% ahead of its fiscal second-quarter results, with expected earnings of $0.38 per share on revenue of $12.22 billion [13] Sector Performance - On Wednesday, Information Technology, Consumer Discretionary, and Communication Services sectors performed well, while Energy, Health Care, Real Estate, and Financials sectors saw declines [8] Economic Data and Market Sentiment - Initial jobless claims and the November consumer price index report are set to be released, which will provide insights into price pressures and regional factory activity [14] - Asian markets closed mixed, with some indices in the green, while most European markets opened higher [15]