- The percentage of consumers stating that jobs are ‘plentiful’ increased to 51.2% in August, up from 45.6% in July
- Those that felt that jobs were ‘hard to get’ decreased to 11.8% this month, down from 12.5% in July
- 19.7% expected more jobs as they looked ahead, down from 19.9% in July
- Source: The Conference Board
- 61.2% of employees said a salary boost of at least 9% would ‘entice them to leave their current jobs’
- 30.2% stated that being underpaid would also prompt them to leave
- Source: The Adecco Group
- San Francisco posted the highest year-over-year increase in average weekly wages among the 356 largest U.S. counties in the first quarter
- The average weekly wage rose 10.2% in San Francisco to $2,759, second overall to New York at $3,153.
- Source: U.S. Bureau of Labor Statistics
- Each year we carefully craft a survey for professionals in talent acquisition to express what they’re experiencing in the current talent market – challenges, solutions, forecasts. We take these valuable responses and publish a report later in the year with the results – actionable insights that help all in talent acquisition.
- 67% of full-time employees stated interest in ‘gig work’ over their current jobs
- Another 15 million supplemented their traditional, full-time work with freelancing
- 85% of those in the gig economy stated they would be ‘interested in continuing such work over the next five years versus a more traditional role’
- Source: MetLife Inc.
- Employers are getting creative with job ads in this tight labor market
- For example, a start-up in Chicago posted a job listing that was a 1,600-word letter from their CEO, which ended up attracting more high-quality applicants than a traditional post
- Source: The Wall Street Journal
- Temporary and contract employment decreased by 3.4% in Q2 of 2019 compared with a year ago
- Staffing firms in the U.S. employed 3.1 million contract and tem workers each week in Q2 2019. This level has kept the number above 3 million for 21 consecutive quarters
- Source: American Staffing Association
- 62% of U.S. adults prefer in-person interview over virtual
- 68% of college grads and 57% with a high school diploma or less also prefer in-person interviews
- Source: Yoh Staffing Firm