>>By the Numbers March 22, 2019

By the Numbers March 22, 2019

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Hiring Cross-Industry to Continue in Q2

The Numbers:

  • 24% of employers expect a hiring increase in Q2 2019
  • 72% of employers interviewed don’t plan for a payroll increase in Q2
  • Still, an overall positive hiring forecast of 19% is seen across the country
  • Source: ManpowerGroup

Job Openings Rise in January

The Numbers:

  • Job openings rose by 102,000 to almost 7.6 million, up from 1.4% in December
  • Openings increased 15% on a year-over-year basis
  • The top three industries with job openings in January: wholesale trade (91K), real estate (60K), and information (42K)
  • Source: U.S. Bureau of Labor Statistics

IT Job Growth Decreases in February

The Numbers:

  • The number of IT jobs in the U.S. decreased down to about 5.35 million jobs
  • On a year-over-year basis, IT employment was up .27% in February – this is a growth of 14,300 more IT workers
  • Source: TechServe Alliance

Best Jobs for 2019

The Numbers:

  • Jobs on the list included those with a baseline salary of at least $75,000, at least 20 job postings per million, and jobs with the largest increase in the number of postings on Indeed between 2015 and 2018.
  • Machine Learning Engineer edged up to the #1 slot, up from #4 last year, giving a nod toward increased use of AI.
  • Source: Indeed

Workers Expect 16% Pay Increase for New Roles

The Numbers:

  • Employers are offering higher salaries to passive candidates in order to snag them from other organizations
  • Globally, candidates expect compensation increases of 15.5% when switching companies
  • Source: Gartner Inc.

Majority of Employers Review Candidates’ Social Media

The Numbers:

  • 60% of employers ‘always screen potential hires’ social media to discover drug use, violence, etc
  • 28% only screen social media accounts if the job requires it
  • Source: First Advantage

Human, Tech, and Business Skills Wanted in Graduates

The Numbers:

  • Skills in 3 main areas – human, business, and digital are the most wanted from graduates across the job market
  • Less than one-fifth of job seekers and employees list all three on their resumes
  • Source: Burning Glass and the Business-Higher Education Forum

Workers Confident in Their Next Promotion

The Numbers:

  • Overall confidence for American workers continued to be stable in Q4 and grew by 2.6 points year-over-year
  • Confidence in four areas was measured – perceived likelihood of job loss, perceived likelihood of a promotion, perceived likelihood of a raise, and perceived overall trust in company leadership
  • Source: Yoh and HRO Today Magazine

Majority of Companies Willing to Train Required Skillsets

The Numbers:

  • 42% of HR managers found that 42% of resumes they receive are from candidates without the required skills
  • 84% of HR managers stated they are open to hiring an employee whose skills can be developed through training
  • Source: Robert Half International

Lower Income Workers See Higher Wages

The Numbers:

  • For the first time since economic recovery began in mid-2009, lower-income workers are seeing their wages grow at a higher rate than those earning a higher income
  • Retail employees saw an average 5% increase in hourly earnings in February, compared to 2% for finance workers
  • Source: Goldman Sachs

U.S. Government Attempts to Lure More Workers

The Numbers:

  • 63% of Americans were working or looking for work from 2015-2018
  • Economists expect that percentage to decrease as millions of baby boomers retire
  • The U.S. government is introducing polices that would cut the cost of child care and increase employer training, in order to entice more people to join the workforce
  • Source: LinkedIn
By |2019-03-21T18:09:01+00:00March 21st, 2019|Categories: Talent Acquisition Trends|Comments Off on By the Numbers March 22, 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.