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. Several industries saw employment growth [...]

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. This is the highest increase known since 2015. [...]

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. Women Decreasing in Numbers from the Talent [...]

Hard to Hire 2018: Third-Party Recruiting & the State of Talent Acquisition Our annual survey report is hot off the presses! ‘Hard to Hire 2018: Third-Party Recruiting & the State of Talent Acquisition’ covers the valuable data captured from our annual survey and serves it up to you in an easy-to-digest report. Over 500 Human [...]

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. The skills gap impacting the manufacturing industry is forecasted to increase from about 488,000 open jobs today to around 2.4 million jobs in 2028. [...]

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. The industries with the largest job growth were healthcare (36K), manufacturing (32K), construction (30K), and transportation/warehousing (25K). Employment Trends [...]

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. The index remains at levels last seen in September 2000, when it was 142.5. “Consumers’ assessment of [...]

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. The growth was driven by strong wage gains for workers in the professional [...]

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. Bureau of Labor Statistics reported that the number of job openings in August not only hit [...]

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 per hour). High wage [...]