U.S Jobs Report April 2025

March 2025 JOLTS Report & April Labor Market Highlights The April jobs report showed that the U.S. economy added 177,000 jobs, surpassing expectations of 130,000. The unemployment rate held steady at 4.2%, and average hourly earnings rose 0.2% month over month equating to a 3.8% year over year increase. However, job gains for February and […]

State of Michigan: Paid Sick Leave Changes for 2025

At Madison Resources, it is our hope that we are perceived as a true partner to your staffing firm. To that end, we are always looking to assist you in providing necessary information, to promote accuracy and efficiencies, and make helpful resources available to you. What does this mean for you? On July 31, 2024, […]

State of New Hampshire: Paid Family and Medical Leave Entitlement

At Madison Resources, it is our hope that we are perceived as a true partner to your staffing firm. To that end, we are always looking to assist you in providing necessary information, to promote accuracy and efficiencies, and make helpful resources available to you. New Hampshire employers and workers can participate in the New […]

State of Massachusetts: Health Insurance Responsibility Disclosure Requirement

At Madison Resources, it is our hope that we are perceived as a true partner to your staffing firm. To that end, we are always looking to assist you in providing necessary information, to promote accuracy and efficiencies, and make helpful resources available to you. As a reminder, the Health Insurance Responsibility Disclosure (HIRD) form […]

State of Vermont: Family and Medical Leave Insurance (FMLI)

At Madison Resources, it is our hope that we are perceived as a true partner to your staffing firm. To that end, we are always looking to assist you in providing necessary information, to promote accuracy and efficiencies, and make helpful resources available to you. Governor Phil Scott and The Hartford, a leading provider of […]

State of Maryland: Pay Statement and Pay Transparency Laws

At Madison Resources, it is our hope that we are perceived as a true partner to your staffingfirm. To that end, we are always looking to assist you in providing necessary information topromote accuracy, efficiency, and make helpful resources available to you. The State of Maryland passed two new laws in the 2024 General Assembly […]

Mastering the Balance Between Competitive Rates and Profit Margins

One of the biggest challenges staffing firms face is setting bill rates that are both competitive and profitable. Charge too much, and you might lose clients. Go too low, and your bottom line takes a hit. Finding that sweet spot is essential. Don’t Sacrifice Profitability for the Sake of Price If you’re undercutting to stay […]

How a Specialty Lender Powers Staffing Firms Through Every Stage of Growth

A specialty lender can be a game-changer for staffing firms, providing vital support through the six stages of the business cycle: launch, expansion, shakeout, maturity, economic downturn, and recovery. This model is especially effective for independent staffing owners looking to grow smarter and faster. Launch: Fueling the First Step In the early days of a […]

State of Illinois: One Day Rest in Seven Act

At Madison Resources, it is our hope that we are perceived as a true partner to your staffing firm. To that end, we are always looking to assist you in providing necessary information, to promote accuracy and efficiencies, and make helpful resources available to you. A recent increase in complaints under the Illinois One Day […]