BountyJobs Bites
Upskilling a Priority But Many Don’t Have Option
The Numbers:
- Upskilling employees is a must for most due to digitization and automation among other technological solutions
- More than two-thirds of employees agreed that their companies provide training and instruction for upskilling
- However, one-third of employees aren’t getting what they need in order to contribute to their place of work as the business quickly evolves
- Source: Peppercomm and Echo Research
U.S. in Recession Driven by Covid-19
The Numbers:
- The U.S. is now in a recession ending the economic expansion that began in July 2009
- Normal activity is forecasted to resume in Q4 with a growth rate of 4%
- The economy is expected to grow 1.5% in 2021 and a full recovery in 2022
- Source: UCLA/Anderson Forecast
Amazon Hiring 100,000 New Workers Due to Covid-19
The Numbers:
- Amazon says it is hiring 100,000 new full and part-time workers in the U.S. at its fulfillment centers and delivery network
- Workers are needed due to the surge in demand from the Covid-19 pandemic
- Workers will be paid an additional $2 per hour through April
- Source: Amazon
BountyJobs Reports – The New Dynamics of Recruiting: Critical Hiring in Talent Acquisition Survey Report
The Numbers:
- Almost half (46%) of employers are hiring for Operations roles with Customer Service & Support and Engineering & IT following close behind at 43% and 42% respectively
- 40% of employers have over 100 open roles to hire for
- 42% of third-party recruiters are planning to fill more jobs in 2020 than they did in 2019
- Source: BountyJobs Survey
U.S. Workers More Likely to Stay Put
The Numbers:
- Almost 53% of U.S. workers in Q4 felt they would stay with their current employers
- The U.S. ranked number 1 across 40 countries, with the highest level of employee intent to remain with their current employers
- Source: Gartner
Jobless Claims Fall, But Not Due to Coronavirus
The Numbers:
- S. jobless claims fell by 4,000 on a seasonally adjusted basis from the previous week to 211K
- This number signified that Covid-19 had not yet had an impact on the U.S. labor market
- Source: U.S. Department of Labor
15 Million U.S. Jobs at Risk from Coronavirus
The Numbers:
- These workers are mostly independent contractors, on-call workers, temporary help agency workers in industries ranging from healthcare to law
- Source: Deutsche Bank
Companies Needing Workers Now
The Numbers:
- In addition to Amazon, grocery chains such as Safeway, Albertsons, Kroger and HEB are hiring
- Roles needed are cashiers, stockers, delivery drivers
- Many businesses are experiencing shortages, closures, etc due to the coronavirus
- Source: LinkedIn
Steep Unemployment Claims Hit Various States
The Numbers:
- Ohio saw over 48K unemployment claims over Monday and Tuesday, a large lift over the 1,825 claims they saw over the same timeframe the previous week
- Rhode Island received almost 7K new unemployment claims, up from 160 the week before
- New York’s labor department reported a 65% increase in calls over the last week, and their website crashed due to the number of claims being filed
- Source: State Reports