By the Numbers: July 27, 2018

BountyJobs Bites: Graduating Class Salaries Flat The Numbers: Per NACE’s ‘Summer 2018 Salary Survey’, starting salaries for those graduating in 2017 continue to be flat. Those with bachelor’s degrees increased by only .3% compared to 2016. The overall average salary is $50, 516 which is on par with 2016 at $50,359. Health sciences majors bucked this trend with a 7.5% increase to their average starting salary which went from $50,124 in 2016 to $53,872 this year. Hawaii Posts Lowest Jobless Rate in June While Alaska Posts the Highest The Numbers: Per the U.S. Bureau of Labor Statistics, Hawaii posted the lowest unemployment rate for June at 2.1%. North Dakota came in second at 2.6% and Colorado, Iowa, and New Hampshire all came in at 2.7%. Alaska was the highest at 7.1%. The Art of Recruiting Passive Candidates: BountyJobs Reports The Numbers: Millennials have surpassed Generation X and are currently the largest generation within the U.S. [...]

By |2018-07-26T16:38:05+00:00July 27th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: July 27, 2018

By the Numbers: July 20, 2018

BountyJobs Bites GDP Growth Continues with a Tight Labor Market The Numbers: Per the ‘July 2018 NABE Business Conditions Survey’, 87% of panelists forecast real GDP growth higher than 2% over the next 12 months. “All panelists expect continued economic growth over the next 12 months, with most panelists anticipating inflation-adjusted gross domestic product — real GDP growth — to exceed 2%,” said NABE Business Conditions Survey Chair Sara Rutledge, an independent real estate economist. “Labor market conditions are tight, with skilled labor shortages driving firms to raise pay, increase training, and consider additional automation.” U.S. Facing a Severe Shortage of Pilots The Numbers:  The Federal Aviation Administration reports that in 1987 there were about 827k pilots in the U.S. That number has now decreased by 30%. At the same time, the International Transport Association predicts that the demand for air travel will double over the next two decades. The demand is already being felt [...]

By |2018-07-19T19:34:10+00:00July 20th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: July 20, 2018

By the Numbers: July 13, 2018

Tools and Reports in Talent Acquisition: Making an Impact With over a decade’s worth of data and expertise, throughout the year we at BountyJobs publish valuable reports with the main goal of adding to the talent acquisition professional’s toolbox. We create these white papers, special reports, webinars, and infographics to support those working in this crazy era of recruiting. The hiring landscape is ever-changing with a historically low unemployment rate that continues to fall, salaries on the rise (depending upon the role and industry), the continuation of jobs growth, and on top of it all…leaps in technology and data tracking at the ready to assist those in hiring that are spread way too thin. As we head into the second half of 2018, we thought it an opportune time to compile the reports we’ve posted year-to-date, as an easy a la carte menu of tools to fit a multitude of challenges facing those in the [...]

By |2018-07-05T20:44:02+00:00July 13th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: July 13, 2018

By the Numbers: July 6, 2018

BountyJobs Bites More Jobs Added in June Than Expected, Unemployment Rises The Numbers: Per the June jobs report from the U.S. Bureau of Labor Statistics, the U.S. economy added 213,000 jobs in June, above the 195,000 forecast by economists. The unemployment rate was expected to hold steady at 3.8% but instead rose to 4%. Labor force participation rose from 62.7% in May to 62.9% in June- these 601K new entrants to the labor force in June pushed the unemployment rate up. Average hourly earnings rose 2.7% year over year and 0.2% over the prior month of May. What's Really Behind the Employment Skills Gap: BountyJobs Reports The Numbers: According to the National Federation of Independent Business, 45% of small businesses are experiencing a challenge when trying to find candidates with the necessary skills. In addition, Forbes reports that there were 6.2 million jobs left unfilled in 2017, which is up from 5.6 million in 2016. [...]

By |2018-07-06T14:22:31+00:00July 6th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: July 6, 2018