>>By the Numbers: June 7, 2019

By the Numbers: June 7, 2019

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U.S. Job Growth Slows

The Numbers:

  • S. Private payrolls increased by just 27,000 rather than the 173,000 forecasted
  • This is the worst performance since March 2010 when the employment market lost 113,000 jobs
  • Small businesses with less than 50 employees were the hardest hit, losing about 50,000 jobs
  • Source: ADP and Moody’s Analytics

Most CPAs Optimistic About U.S. Economy

The Numbers:

  • 57% of CPAs in leadership roles are optimistic about the U.S. economy over the next 12 months
  • 74% said the same in Q2 2018
  • This is the third quarter in a row that optimism has been at a high level
  • Source: Economic Outlook Survey

Mobile Job Application Process is Complicated for Most

The Numbers:

  • Job seekers applying online complete 53% fewer applications
  • These job seekers also take 80% longer to complete each application
  • 58% of Glassdoor users look for jobs on their phone
  • Source: Glassdoor

BountyJobs Reports: Cognitive Dissonance Series, Wage Growth: The Last Employer Holdout to Attract Candidates

The Numbers:

  • In 2019, as employment grew in March and April in high-skilled jobs, labor markets continued to tighten
  • Although salaries in the U.S. are forecasted to rise by 3.1%, workers will most likely not bring more total cash compensation home
  • Source: BountyJobs

Majority of Lawyers Have Plans to Hire

The Numbers:

  • 68% of lawyers plan to hire more this year than last
  • 14% plan a large hiring increase
  • 54% plan ‘somewhat of an increase’
  • Source: Robert Half Legal

Single Moms at Work Increase

The Numbers:

  • Employed single moms between the ages of 25 and 34 have jumped in share volume by almost four percentage points since 2015, marking the biggest increase since the 1990s
  • Nursing and warehouse work saw the biggest increases in employment
  • Source: New York Times

Smaller Percentage of Workers Believe AI Will Have a Negative Impact

The Numbers:

  • 12% of workers are concerned that AI may have a negative impact on their jobs
  • 39% feel that new technologies will have a positive impact
  • 49% feel that AI will have zero change on their jobs
  • Source: Robert Half
By |2019-06-06T19:41:11+00:00June 7th, 2019|Categories: Uncategorized|Comments Off on By the Numbers: June 7, 2019

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.