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 [...]

BountyJobs Bites Unemployment Rate Plummets to a Near 49 Year Low The Numbers: September saw U.S. job growth slow considerably, most likely due to the impact of Hurricane Florence within the restaurant and retail industries. However, the unemployment rate fell to 3.7% - a near 49 year low. The monthly report from the Labor Department, released [...]

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. Almost one-third would ‘never apply’ to an employer that had negative employee reviews. Salaries Projected [...]

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. This integration extends current Greenhouse customers' recruiting reach with the power of the BountyJobs Recruitment Marketplace inside their existing Greenhouse Account. Ahead of the launch, we sat down with [...]

BountyJobs Bites Office Perks as Important as Health Benefits? The Numbers: 68% of employee respondents feel that ‘work perks’ are as valuable as health coverage, life insurance, etc. Per a survey from Zenefits, small businesses are having a hard time competing with large companies who have the resources to offer these perks. CHRO Salaries Rising [...]