INDUSTRY INSIGHTS YOUR PEERS ARE READING
BountyJobs Bites. Talent Acquisition Resources Imperative to Business Success. The Numbers: 83% of HR leaders have a goal to ‘have a measurable impact on their business’ performance – up from 57% in 2016. MORE
BountyJobs Bites. Location Desired Over Pay for Hourly Workers. The Numbers: Hourly workers reject job offers moreso due to long commute times rather than pay. 38% of hourly jobs were turned down due to location. 10% of job offers were turned down due to money. MORE
BountyJobs Bites. Unemployment Rate Reaches 4%. The Numbers: The U.S. unemployment increased from 3.9% to 4% in January. Nonfarm jobs increased by 304,000. Unemployed workers grew to 6.5 million with 175K being temporarily laid off. Source: U.S. Bureau of Statistics. MORE
BountyJobs Bites. Job Cuts Increased by a Third Year over Year. The Numbers: Between 2017 and 2018 job cuts within the U.S. labor force increased by 29% per a report from Challenger, Gray and Christmas, Inc. This was the highest increase since 2015. MORE
BountyJobs Bites. Job Growth Slows. The Numbers: S. Private payrolls increased by just 27,000 rather than the 173,000 forecasted. This is the worst performance since March 2010 when the employment market lost 113,000 jobs. MORE
BountyJobs Bites. Negative Company Ratings Have Big Impact on Applicant Volume. The Numbers: A survey from Monster found that 38% of respondents would only apply to companies that had at least a 3-star rating out of a 5-star rating system. MORE
BountyJobs Bites. Soft Skills Trump Others for Employers. The Numbers: While technological skills are critical in today’s employment market, soft skills are what employers are valuing most, per a poll from Cengage. MORE
BountyJobs Bites. Hourly Workers Value Work-Life Balance More Than Pay. The Numbers: • 77% of hourly workers said they needed ‘work-life balance to feel satisfied on the job’. Hourly workers make up 60% of the total labor force. Source: Shiftboard with Lux Insights. MORE
Manufacturing & Transportation Take a Wage Hit. The Numbers: ‘Real wages’ (adjusted for inflation) experienced negative growth to the tune of.8% over the year. MORE
BountyJobs Bites. Adds 102,000 Nonfarm Jobs in June, Slow, Further Slowdown Expected. The Numbers: 102,000 nonfarm jobs were added in the U.S. in June, signaling further slowdown. June’s outcome is up from the 41,000 added in May but down from the 255,000 added in April and 158,000 added in March. MORE
BountyJobs Bites. Tech Jobless Rate Edges Down. The Numbers: A modest 5,800 jobs were added to the tech sector in May. The jobless rate within tech dropped to 1.3%, the lowest since January 2000. Source: U.S. Bureau of Labor. Job-Hopping Helped Majority of Millennials. MORE
BountyJobs Bites. More Than 50% of D.C. Workers are Hot for Amazon Jobs. The Numbers: Three-fourths of IT professionals and 60% of Millennials would quit their job and accept a role at Amazon if offered, per a survey from Eagle Hill Consulting to workers polled in the Washington, D.C. MORE
BountyJobs Bites. 5% of Workers in each U.S. State Work Remotely. The Numbers: A map of the U.S. remote work job market from FlexJobs found that 5% of workers in each state work remotely, on average. MORE
BountyJobs Bites. Salary Negotiations Are the Norm. The Numbers: 55% of professionals attempted to negotiate a higher salary in 2018. 68% of male professionals entered into negotiations. 45% of women tried to negotiate. MORE
BountyJobs Bites. Consumer Confidence at 18-Year High. The Numbers: “The Conference Board’s consumer confidence index increased again in October following a modest improvement in September. The index rose to a reading of 137.9 1985=100), up from 135.3 in September. MORE
BountyJobs Bites. Millennials Dependent on Employers for Needed Skills. The Numbers: 70% of millennials believe they are lacking in skills required for jobs, especially those for future roles. MORE
Hires Decreased in May. The Numbers: The number of hires decreased by 266,000 in May. Most of this decrease, 262,000, was within private industry. Jobs growth was essentially flat, only decreasing by 49,000 from April. Source: U.S. Bureau of Labor Statistics. Top Execs Moderately Pessimistic in Q2. MORE
BountyJobs Bites. Unemployment Falls to 3.6%, Lowest in 50 Years. The Numbers: The unemployment rate decreased from 3.8% in March to 3.6% in April, which is the lowest rate on record since 1969. 263,000 nonfarm jobs were gained in April, a 67,000 increase in growth from March. Source: U.S. MORE
Wage Growth & the Job-Hopping Trend. Job-hopping, typically defined as switching jobs every two years or less, has become a popular trend within the current employment climate. In April, 3.5 million Americans quit their jobs. [1] MORE
CPG Employers Plan a 10% Wage Increase. The Numbers: Consumer packaged goods employers forecast an average wage increase of 10%. This data is from over 500 decision-makers surveyed within the beauty, wellness/personal care, alcohol, food and non-alcoholic drinks, and cannabis industries. MORE
BountyJobs Bites. Labor Market Tightens with Record Job Openings. The Numbers: There were 7.3 million job openings in the U.S. in December. This is a 2.4% increase from November and a 29.4% increase year over year. Source: U.S. Bureau of Labor Statistics. MORE
BountyJobs Bites. Recruiting Timelines Differ for Job Hunters and Recruiters. The Numbers: 45% of those looking for a job found that less than a week was the shortest amount of time they’ve experienced between submitting an application and accepting a job. MORE
BountyJobs Bites. Tech, Consumer Behavior Impact Major Q1 Job Cuts. The Numbers: The highest quarterly losses in almost four years were seen in Q1 2019. Cuts were also up 10% over Q4 2018. MORE
BountyJobs Bites. Half of Job Postings Focus on 39 Roles. The Numbers: 49% of job postings in 2018 by S&P 100 companies focused on only 39 roles. 51% encompassed 872 other roles. “In In the U.S., MORE
BountyJobs Bites. Report Supports Idea of Declining Gig Economy. The Numbers: Contingent workforce is getting smaller as workers were more likely to have a standard job in 2017 than in 2005. 9% of workers were in nonstandard jobs in 2005, while 10.1% were in 2017. Source: Economic Policy Institute. MORE
BountyJobs Bites. Hiring Slows for U.S. Businesses. The Numbers: Uncertain economic prospects caused U.S. businesses to slow down hiring in March. As well, private payrolls have increased the least in over a year. 129,000 jobs were added in the U.S. in March. MORE
Happy New Year! Not sure how this happened, but we are at the close of another year once again. MORE
BountyJobs Bites. Employee Loyalty on the Downturn. The Numbers: 43% of workers would leave their job for a 10% increase. That percentage is an increase from 2015 which was 23%. Poor culture is chief reason for declining loyalty. The Source: TINYpulse. Digital Disconnect Hurts Productivity. MORE
BountyJobs Bites. Money is Top Priority for Job Seekers. The Numbers: Per a report from Monster, 44% of respondents stated that better pay is a main influencer of their job search. 24% are driven to get out of a career rut. Bad bosses also play a big part. MORE
BountyJobs Bites. Hiring Forecast Strong for Q2. The Numbers: Double-digit hiring plans continue for the 7 th consecutive year. Hiring intentions remain positive for Q2 with 40 of 44 countries planning on increasing headcount. Croatia, Japan, Greece the U.S., MORE
BountyJobs
JULY 11, 2019
Hires Decreased in May. The Numbers: The number of hires decreased by 266,000 in May. Most of this decrease, 262,000, was within private industry. Jobs growth was essentially flat, only decreasing by 49,000 from April. Source: U.S. Bureau of Labor Statistics. Top Execs Moderately Pessimistic in Q2.
BountyJobs
JULY 4, 2019
BountyJobs Bites. Adds 102,000 Nonfarm Jobs in June, Slow, Further Slowdown Expected. The Numbers: 102,000 nonfarm jobs were added in the U.S. in June, signaling further slowdown. June’s outcome is up from the 41,000 added in May but down from the 255,000 added in April and 158,000 added in March.
BountyJobs
APRIL 4, 2019
BountyJobs Bites. Hiring Slows for U.S. Businesses. The Numbers: Uncertain economic prospects caused U.S. businesses to slow down hiring in March. As well, private payrolls have increased the least in over a year. 129,000 jobs were added in the U.S. in March.
BountyJobs
JUNE 27, 2019
BountyJobs Bites. Location Desired Over Pay for Hourly Workers. The Numbers: Hourly workers reject job offers moreso due to long commute times rather than pay. 38% of hourly jobs were turned down due to location. 10% of job offers were turned down due to money.
Speaker: Ben Eubanks, SPHR, SHRM-SCP, Principal Analyst at Lighthouse Research & Advisory
While we may be “people” professionals, it is part of our job to understand AI and how this technology can enable us to make smarter decisions and develop more efficient processes. Join Lighthouse Research & Advisory Principal Analyst Ben Eubanks where he will discuss how AI can be used for HR and recruiting processes, including how to create more human interactions and engagement through the strategic application of technology.
BountyJobs
JUNE 20, 2019
Wage Growth & the Job-Hopping Trend. Job-hopping, typically defined as switching jobs every two years or less, has become a popular trend within the current employment climate. In April, 3.5 million Americans quit their jobs. [1]
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BountyJobs
JUNE 6, 2019
BountyJobs Bites. Job Growth Slows. The Numbers: S. Private payrolls increased by just 27,000 rather than the 173,000 forecasted. This is the worst performance since March 2010 when the employment market lost 113,000 jobs.
BountyJobs
MAY 30, 2019
BountyJobs Bites. Hourly Workers Value Work-Life Balance More Than Pay. The Numbers: • 77% of hourly workers said they needed ‘work-life balance to feel satisfied on the job’. Hourly workers make up 60% of the total labor force. Source: Shiftboard with Lux Insights.
BountyJobs
MAY 23, 2019
BountyJobs Bites. Millennials Dependent on Employers for Needed Skills. The Numbers: 70% of millennials believe they are lacking in skills required for jobs, especially those for future roles.
BountyJobs
MAY 9, 2019
BountyJobs Bites. Unemployment Falls to 3.6%, Lowest in 50 Years. The Numbers: The unemployment rate decreased from 3.8% in March to 3.6% in April, which is the lowest rate on record since 1969. 263,000 nonfarm jobs were gained in April, a 67,000 increase in growth from March. Source: U.S.
Speaker: Jack Wei, Madeline Laurano, and Celinda Appleby
Learn how to build a robust business case for recruitment CRM with analyst Madeline Laurano. Celinda Appleby, Global Talent Attraction Director at VISA, joins her and shares her strategy for deploying a CRM in line with VISA’s talent acquisition strategy.
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BountyJobs
SEPTEMBER 27, 2018
BountyJobs Bites. Negative Company Ratings Have Big Impact on Applicant Volume. The Numbers: A survey from Monster found that 38% of respondents would only apply to companies that had at least a 3-star rating out of a 5-star rating system.
BountyJobs
MARCH 28, 2019
CPG Employers Plan a 10% Wage Increase. The Numbers: Consumer packaged goods employers forecast an average wage increase of 10%. This data is from over 500 decision-makers surveyed within the beauty, wellness/personal care, alcohol, food and non-alcoholic drinks, and cannabis industries.
BountyJobs
MAY 2, 2019
Manufacturing & Transportation Take a Wage Hit. The Numbers: ‘Real wages’ (adjusted for inflation) experienced negative growth to the tune of.8% over the year.
BountyJobs
APRIL 25, 2019
BountyJobs Bites. Half of Job Postings Focus on 39 Roles. The Numbers: 49% of job postings in 2018 by S&P 100 companies focused on only 39 roles. 51% encompassed 872 other roles. “In In the U.S.,
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BountyJobs
APRIL 18, 2019
BountyJobs Bites. Tech, Consumer Behavior Impact Major Q1 Job Cuts. The Numbers: The highest quarterly losses in almost four years were seen in Q1 2019. Cuts were also up 10% over Q4 2018.
BountyJobs
APRIL 11, 2019
BountyJobs Bites. Recruiting Timelines Differ for Job Hunters and Recruiters. The Numbers: 45% of those looking for a job found that less than a week was the shortest amount of time they’ve experienced between submitting an application and accepting a job.
BountyJobs
MARCH 14, 2019
BountyJobs Bites. Hiring Forecast Strong for Q2. The Numbers: Double-digit hiring plans continue for the 7 th consecutive year. Hiring intentions remain positive for Q2 with 40 of 44 countries planning on increasing headcount. Croatia, Japan, Greece the U.S.,
BountyJobs
MARCH 7, 2019
BountyJobs Bites. Report Supports Idea of Declining Gig Economy. The Numbers: Contingent workforce is getting smaller as workers were more likely to have a standard job in 2017 than in 2005. 9% of workers were in nonstandard jobs in 2005, while 10.1% were in 2017. Source: Economic Policy Institute.
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BountyJobs
FEBRUARY 28, 2019
BountyJobs Bites. Employee Loyalty on the Downturn. The Numbers: 43% of workers would leave their job for a 10% increase. That percentage is an increase from 2015 which was 23%. Poor culture is chief reason for declining loyalty. The Source: TINYpulse. Digital Disconnect Hurts Productivity.
BountyJobs
FEBRUARY 21, 2019
BountyJobs Bites. Salary Negotiations Are the Norm. The Numbers: 55% of professionals attempted to negotiate a higher salary in 2018. 68% of male professionals entered into negotiations. 45% of women tried to negotiate.
BountyJobs
FEBRUARY 14, 2019
BountyJobs Bites. Labor Market Tightens with Record Job Openings. The Numbers: There were 7.3 million job openings in the U.S. in December. This is a 2.4% increase from November and a 29.4% increase year over year. Source: U.S. Bureau of Labor Statistics.
BountyJobs
FEBRUARY 7, 2019
BountyJobs Bites. Unemployment Rate Reaches 4%. The Numbers: The U.S. unemployment increased from 3.9% to 4% in January. Nonfarm jobs increased by 304,000. Unemployed workers grew to 6.5 million with 175K being temporarily laid off. Source: U.S. Bureau of Statistics.
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BountyJobs
NOVEMBER 30, 2018
BountyJobs Bites. Money is Top Priority for Job Seekers. The Numbers: Per a report from Monster, 44% of respondents stated that better pay is a main influencer of their job search. 24% are driven to get out of a career rut. Bad bosses also play a big part.
BountyJobs
JANUARY 31, 2019
BountyJobs Bites. Talent Acquisition Resources Imperative to Business Success. The Numbers: 83% of HR leaders have a goal to ‘have a measurable impact on their business’ performance – up from 57% in 2016.
BountyJobs
JANUARY 24, 2019
BountyJobs Bites. Soft Skills Trump Others for Employers. The Numbers: While technological skills are critical in today’s employment market, soft skills are what employers are valuing most, per a poll from Cengage.
BountyJobs
JANUARY 17, 2019
BountyJobs Bites. More Than 50% of D.C. Workers are Hot for Amazon Jobs. The Numbers: Three-fourths of IT professionals and 60% of Millennials would quit their job and accept a role at Amazon if offered, per a survey from Eagle Hill Consulting to workers polled in the Washington, D.C.
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Even the most experienced recruiting professionals face challenges filling critical roles in their organizations from an inability to establish, nurture and grow a sustainable talent pipeline. Download this eBook to get a jump on sourcing and learn how to build a high performance recruiting pipeline.
BountyJobs
NOVEMBER 1, 2018
BountyJobs Bites. Consumer Confidence at 18-Year High. The Numbers: “The Conference Board’s consumer confidence index increased again in October following a modest improvement in September. The index rose to a reading of 137.9 1985=100), up from 135.3 in September.
BountyJobs
JANUARY 10, 2019
BountyJobs Bites. Job Cuts Increased by a Third Year over Year. The Numbers: Between 2017 and 2018 job cuts within the U.S. labor force increased by 29% per a report from Challenger, Gray and Christmas, Inc. This was the highest increase since 2015.
BountyJobs
DECEMBER 27, 2018
Happy New Year! Not sure how this happened, but we are at the close of another year once again.
BountyJobs
DECEMBER 20, 2018
BountyJobs Bites. 5% of Workers in each U.S. State Work Remotely. The Numbers: A map of the U.S. remote work job market from FlexJobs found that 5% of workers in each state work remotely, on average.
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For federal contractors, keeping up with OFCCP regulations can be a major challenge when recruiting and hiring. Download our guide to OFCCP compliance and learn the major regulations that you must adhere to.
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