By the Numbers: 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. Women Decreasing in Numbers from the Talent Pipeline The Numbers: A recent study finds a ‘leaky pipeline’ with entry-level women starting out earning 20% less than men and are 21% less likely to be promoted. Women, especially those of color, are disappearing from the talent pipeline including up to the C-suite, per research from Bentley University’s Gloria Cordes Larson Center for Women and Business. Tulsa, OK to Pay You to Work From There The Numbers: Tulsa’s new initiative, Tulsa Remote, offers financial assistance and bonuses up to $10,000 for remote workers and entrepreneurs to work there, per The Washington Post. Over 6,000 have already applied – included [...]

By |2018-11-30T16:10:43+00:00November 30th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: November 30, 2018

By the Numbers: November 23, 2018

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 Resources, Talent Acquisition, Hiring Manager, and Recruitment professionals from a wide variety of industries and company sizes responded to this important survey. The talent acquisition challenges of today are unparalleled, so we ask, how are you navigating this roller coaster of recruiting while staying in front of your competition? The Realities of Today’s Hiring Landscape Today’s hiring environment is the hardest it’s been in decades! 90% of respondents feel the current hiring market is more challenging now than in the past. The culprit selected more than others? The historically low unemployment rate and gaps in skills needed for current open [...]

By |2019-01-09T20:10:53+00:00November 28th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: November 23, 2018

By the Numbers: November 16, 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. 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. Turnover is at an All-Time High The Numbers: Turnover in the U.S. was at 19.3% so far this year, which is a full percentage point up from 2017 and more than 3.5 percentage points since 2014 per a report from Compdata. The industries with the highest turnover were hospitality, healthcare, and manufacturing and distribution. Those with the lowest turnover were utilities, insurance, and banking and finance. U.S. Hiring Growth Flat The Numbers: Per LinkedIn’s November Workforce Report, U.S. hiring growth has leveled out. “Gross hiring in the US rose 3.8% year over year in September; seasonally adjusted national hiring remained [...]

By |2018-11-15T16:51:02+00:00November 16th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: November 16, 2018

By the Numbers: 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. The industries with the largest job growth were healthcare (36K), manufacturing (32K), construction (30K), and transportation/warehousing (25K). Employment Trends Index Increases in October The Numbers: “The Conference Board’s US Employment Trends Index rose in October, following a decrease in the prior month. The index in October rose 4.6% year over year to a reading of 110.72, up from the downwardly revised reading of 110.39 in September. “After last month’s decline, the Employment Trends Index bounced back and is signaling solid employment growth through the winter,” said Gad Levanon, chief economist, North America, at The Conference Board. “The main determinants of wage growth — economic growth, a tight labor market, faster inflation and labor productivity growth — are all aligning to accelerate wage growth.”” [...]

By |2018-11-09T16:26:02+00:00November 9th, 2018|Categories: Uncategorized|Comments Off on By the Numbers: November 9, 2018

By the Numbers: November 2, 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. The index remains at levels last seen in September 2000, when it was 142.5. “Consumers’ assessment of present-day conditions remains quite positive, primarily due to strong employment growth,” said Lynn Franco, director of economic indicators at The Conference Board. “The Expectations Index posted another gain in October, suggesting that consumers do not foresee the economy losing steam anytime soon. Rather, they expect the strong pace of growth to carry over into early 2019.”” U.S. Private-Sector Job Growth Bounces Back The Numbers: “The US private sector added 227,000 jobs in October, according to the ADP National Employment Report. That’s up from 218,000 in September and 162,000 in August. “The job market bounced back strongly last month despite being [...]

By |2018-11-01T20:50:38+00:00November 2nd, 2018|Categories: Uncategorized|Comments Off on By the Numbers: November 2, 2018