BountyJobs Bites
Hiring Cross-Industry to Continue in Q2
The Numbers:
- 24% of employers expect a hiring increase in Q2 2019
- 72% of employers interviewed don’t plan for a payroll increase in Q2
- Still, an overall positive hiring forecast of 19% is seen across the country
- Source: ManpowerGroup
Job Openings Rise in January
The Numbers:
- Job openings rose by 102,000 to almost 7.6 million, up from 1.4% in December
- Openings increased 15% on a year-over-year basis
- The top three industries with job openings in January: wholesale trade (91K), real estate (60K), and information (42K)
- Source: U.S. Bureau of Labor Statistics
IT Job Growth Decreases in February
The Numbers:
- The number of IT jobs in the U.S. decreased down to about 5.35 million jobs
- On a year-over-year basis, IT employment was up .27% in February – this is a growth of 14,300 more IT workers
- Source: TechServe Alliance
Best Jobs for 2019
The Numbers:
- Jobs on the list included those with a baseline salary of at least $75,000, at least 20 job postings per million, and jobs with the largest increase in the number of postings on Indeed between 2015 and 2018.
- Machine Learning Engineer edged up to the #1 slot, up from #4 last year, giving a nod toward increased use of AI.
- Source: Indeed
Workers Expect 16% Pay Increase for New Roles
The Numbers:
- Employers are offering higher salaries to passive candidates in order to snag them from other organizations
- Globally, candidates expect compensation increases of 15.5% when switching companies
- Source: Gartner Inc.
Majority of Employers Review Candidates’ Social Media
The Numbers:
- 60% of employers ‘always screen potential hires’ social media to discover drug use, violence, etc
- 28% only screen social media accounts if the job requires it
- Source: First Advantage
Human, Tech, and Business Skills Wanted in Graduates
The Numbers:
- Skills in 3 main areas – human, business, and digital are the most wanted from graduates across the job market
- Less than one-fifth of job seekers and employees list all three on their resumes
- Source: Burning Glass and the Business-Higher Education Forum
Workers Confident in Their Next Promotion
The Numbers:
- Overall confidence for American workers continued to be stable in Q4 and grew by 2.6 points year-over-year
- Confidence in four areas was measured – perceived likelihood of job loss, perceived likelihood of a promotion, perceived likelihood of a raise, and perceived overall trust in company leadership
- Source: Yoh and HRO Today Magazine
Majority of Companies Willing to Train Required Skillsets
The Numbers:
- 42% of HR managers found that 42% of resumes they receive are from candidates without the required skills
- 84% of HR managers stated they are open to hiring an employee whose skills can be developed through training
- Source: Robert Half International
Lower Income Workers See Higher Wages
The Numbers:
- For the first time since economic recovery began in mid-2009, lower-income workers are seeing their wages grow at a higher rate than those earning a higher income
- Retail employees saw an average 5% increase in hourly earnings in February, compared to 2% for finance workers
- Source: Goldman Sachs
U.S. Government Attempts to Lure More Workers
The Numbers:
- 63% of Americans were working or looking for work from 2015-2018
- Economists expect that percentage to decrease as millions of baby boomers retire
- The U.S. government is introducing polices that would cut the cost of child care and increase employer training, in order to entice more people to join the workforce
- Source: LinkedIn
