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. 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. Average U.S. Weekly Wage Increases in First Quarter. The Numbers: Per the U.S. Bureau of Labor Statistics, the average U.S. weekly wage increased 3.7% year over year to $1,152 in the first quarter. MORE
BountyJobs Bites. Temp Revenue Growth Climbs to Highest in Three Years. The Numbers: Per the Staffing Industry Analysts’ Pulse Survey Report , U.S. temporary staffing revenue growth increased at a median 11% year over year in October from September, which is up 9% month over month as well. 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
Hard to Hire 2018: Third-Party Recruiting & the State of Talent Acquisition. Our annual survey report is hot off the presses! MORE
SourceCon February 26-28, 2018. We’ll be heading to viva Las Vegas next week for SourceCon ! When we’re not rubbing elbows and swapping interesting stats and stories with other pros in talent acquisition, we’ll be hanging with…the purple squirrel. MORE
BountyJobs Bites. Labor Market to Add 8 Million Jobs in Next 5 Years. The Numbers: Between now and 2023, the labor market is expected to add more than 8 million jobs, per a CareerBuilder report. However, only about 25% of those are thought to positively impact middle-wage earners ($14.18 to $23.59 MORE
BountyJobs Bites. Gig Work Brings In $864 Billion in Revenue in U.S. The Numbers: Workers in the gig economy made up 31% of all U.S. workers in 2017 (about 48 million workers) per Staffing Industry Analysts. That’s an increase from 29% based on 2015 data. As well, $864 billion in U.S. 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. Job Growth Slows in November. The Numbers: The U.S. labor market added 155K nonfarm jobs in November, per the U.S. Bureau of Labor Statistics’ monthly jobs report, which was 40K fewer than projected. The unemployment rate stayed at 3.7%, a 49-year low – for the third straight month. 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. Unemployment Holds at 3.7%. The Numbers: The unemployment rate held steady at 3.7% while the U.S. labor market gained 250,000 nonfarm jobs in October, per the U.S. Bureau of Labor Statistics monthly job report. MORE
BountyJobs Bites. IT Job Growth 8 Times Faster. The Numbers: Employment and wage gain slowdowns seen in other industries doesn’t seem to be impacting IT roles. IT jobs are growing eight times faster than all other jobs per a study from MIT. MORE
BountyJobs Bites. Manufacturing Sees Unprecedented Workforce Shortfall. The Numbers: The hiring crisis facing the manufacturing industry could get worse per a 2018 skills gap study from Deloitte and The Manufacturing Institute. MORE
BountyJobs Bites. Job Openings Hit New Record High. The Numbers: August saw an 18.1% increase in job openings year over year as that number hit 7.1 million. There were about 6.2 million unemployed in August as well. The U.S. MORE
BountyJobs Bites. Tech Jobs on the Rise, But Facing Lack of Talent. The TechServe Alliance stated that the lack of IT talent contributed to the lack of growth in jobs for the industry. The growth of IT jobs squeaked by with a.05% increase to more than 5.3 MORE
BountyJobs Bites. Worker Pay in 2019 Forecasts as Slight Increase. The Numbers: A Willis Towers Watson survey found that slightly larger pay increases are on the horizon for 2019 – 3.1% increase, compared to 3.0% in 2018. Pay raises have stuck around the 3% mark for the past 10 years. 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 Expands Across Industries. The Numbers: The August LinkedIn Workforce Report finds that hiring continues to expand across the U.S. The biggest gains were seen in agriculture (19.9% increase), transportation & logistics (13% increase), and energy & mining (10.9 MORE
BountyJobs Bites. Wages for U.S. Workers Rise 3.5% Year Over Year. The Numbers: “Wages for US workers increased 3.5% over the last year, raising the average wage level by 95 cents to $27.81 an hour, according to the ADP Workforce Vitality Report, released today. MORE
Q&A with Greenhouse VP of Platform and Partnerships, Dane Hurtubise. We recently announced our partnership and joint product integration with the fastest-growing talent acquisition suite, Greenhouse. 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
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.
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.
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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.
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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.
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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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
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
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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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
DECEMBER 13, 2018
BountyJobs Bites. Job Growth Slows in November. The Numbers: The U.S. labor market added 155K nonfarm jobs in November, per the U.S. Bureau of Labor Statistics’ monthly jobs report, which was 40K fewer than projected. The unemployment rate stayed at 3.7%, a 49-year low – for the third straight month.
BountyJobs
DECEMBER 6, 2018
BountyJobs Bites. Temp Revenue Growth Climbs to Highest in Three Years. The Numbers: Per the Staffing Industry Analysts’ Pulse Survey Report , U.S. temporary staffing revenue growth increased at a median 11% year over year in October from September, which is up 9% month over month as well.
BountyJobs
NOVEMBER 28, 2018
Hard to Hire 2018: Third-Party Recruiting & the State of Talent Acquisition. Our annual survey report is hot off the presses!
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The talent acquisition challenges of today are unparalleled: 90% of survey respondents feel that the current hiring market is more challenging now than in the past! Recruiting as we’ve known it is evolving - how are you keeping ahead of the competition?
BountyJobs
OCTOBER 4, 2018
BountyJobs Bites. Gig Work Brings In $864 Billion in Revenue in U.S. The Numbers: Workers in the gig economy made up 31% of all U.S. workers in 2017 (about 48 million workers) per Staffing Industry Analysts. That’s an increase from 29% based on 2015 data. As well, $864 billion in U.S.
BountyJobs
SEPTEMBER 26, 2018
Q&A with Greenhouse VP of Platform and Partnerships, Dane Hurtubise. We recently announced our partnership and joint product integration with the fastest-growing talent acquisition suite, Greenhouse.
BountyJobs
NOVEMBER 15, 2018
BountyJobs Bites. Manufacturing Sees Unprecedented Workforce Shortfall. The Numbers: The hiring crisis facing the manufacturing industry could get worse per a 2018 skills gap study from Deloitte and The Manufacturing Institute.
BountyJobs
NOVEMBER 9, 2018
BountyJobs Bites. Unemployment Holds at 3.7%. The Numbers: The unemployment rate held steady at 3.7% while the U.S. labor market gained 250,000 nonfarm jobs in October, per the U.S. Bureau of Labor Statistics monthly job report.
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BountyJobs
OCTOBER 25, 2018
BountyJobs Bites. Wages for U.S. Workers Rise 3.5% Year Over Year. The Numbers: “Wages for US workers increased 3.5% over the last year, raising the average wage level by 95 cents to $27.81 an hour, according to the ADP Workforce Vitality Report, released today.
BountyJobs
OCTOBER 18, 2018
BountyJobs Bites. Job Openings Hit New Record High. The Numbers: August saw an 18.1% increase in job openings year over year as that number hit 7.1 million. There were about 6.2 million unemployed in August as well. The U.S.
BountyJobs
OCTOBER 11, 2018
BountyJobs Bites. Labor Market to Add 8 Million Jobs in Next 5 Years. The Numbers: Between now and 2023, the labor market is expected to add more than 8 million jobs, per a CareerBuilder report. However, only about 25% of those are thought to positively impact middle-wage earners ($14.18 to $23.59
BountyJobs
MAY 17, 2018
BountyJobs Bites. Tech Jobs on the Rise, But Facing Lack of Talent. The TechServe Alliance stated that the lack of IT talent contributed to the lack of growth in jobs for the industry. The growth of IT jobs squeaked by with a.05% increase to more than 5.3
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BountyJobs
SEPTEMBER 13, 2018
BountyJobs Bites. Hiring Expands Across Industries. The Numbers: The August LinkedIn Workforce Report finds that hiring continues to expand across the U.S. The biggest gains were seen in agriculture (19.9% increase), transportation & logistics (13% increase), and energy & mining (10.9
BountyJobs
SEPTEMBER 6, 2018
BountyJobs Bites. IT Job Growth 8 Times Faster. The Numbers: Employment and wage gain slowdowns seen in other industries doesn’t seem to be impacting IT roles. IT jobs are growing eight times faster than all other jobs per a study from MIT.
BountyJobs
FEBRUARY 22, 2018
SourceCon February 26-28, 2018. We’ll be heading to viva Las Vegas next week for SourceCon ! When we’re not rubbing elbows and swapping interesting stats and stories with other pros in talent acquisition, we’ll be hanging with…the purple squirrel.
BountyJobs
AUGUST 23, 2018
BountyJobs Bites. Average U.S. Weekly Wage Increases in First Quarter. The Numbers: Per the U.S. Bureau of Labor Statistics, the average U.S. weekly wage increased 3.7% year over year to $1,152 in the first quarter.
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BountyJobs
AUGUST 16, 2018
BountyJobs Bites. Worker Pay in 2019 Forecasts as Slight Increase. The Numbers: A Willis Towers Watson survey found that slightly larger pay increases are on the horizon for 2019 – 3.1% increase, compared to 3.0% in 2018. Pay raises have stuck around the 3% mark for the past 10 years.
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