>>By the Numbers: October 11, 2019

By the Numbers: October 11, 2019

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Skilled Workers Behind Freelancer Growth

The Numbers:

  • In 2014, 17% of workers worked as independent contractors full time, this percentage has now jumped to 28%
  • Freelancers are now most likely skilled professionals within IT, programming, marketing and business consulting with a median rate of $28 an hour
  • Source: Freelancing in America 2019

Healthcare and Food Service Jobs to See Large Increase

The Numbers:

  • Healthcare jobs to see the largest increase in employer demand by 2026
  • Foodservice jobs including cooks and waiters are to be a close second
  • Those with the smallest demand increase look to be marketing analysts, customer service reps, landscapers, truck drivers, and maintenance/repair, workers
  • Source: The Knowledge Company/Glassdoor

Unemployment Now Lowest in 50 Years

The Numbers:

  • The unemployment rate dropped to 3.5% after holding steady at 3.7%
  • 5% is the lowest rate seen in 50 years
  • Industry job growth was up overall in September, impacting healthcare most
  • Source: U.S. Department of Labor’s Bureau of Labor Statistics
  • BountyJobs Reports: The New Dynamics of Recruiting 2019 Survey

    • 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.

Employment Growth to Level Out Over Next 10 Years

The Numbers:

  • Healthcare jobs are forecasted to represent 18 of the 30 fastest-growing occupations between 2018-2028
  • An annual growth rate in employment of .5% is projected between 2018-2028, slower than the annual growth rate of .8% between 2008 and 2018
  • Source: U.S. Bureau of Labor Statistics

Almost Half of Workers Leave Jobs Due to a Bad Boss

The Numbers:

  • 49% of workers have quit a job due to a bad boss
  • 66% of employees in Sacramento, CA have left a job due to a bad boss
  • 58% of those in Miami and Tampa have left for the same reason
  • Minneapolis had the lowest amount of employees leaving a job because of a bad boss at 36%
  • Source: Robert Half International Inc.

Low Unemployment Rate Doesn’t Necessarily Equal Candidate’s Market for All

The Numbers:

  • In spite of the lowest unemployment rate seen in 50 years (3.5%) many unemployed Americans are still struggling to find their next role
  • 321,000 Americans have gone four weeks without looking for a job as they are discouraged and feel there is currently not a role out there for them
  • Source: Labor Department

Work From Home Employees Earn More

The Numbers:

  • Employees who work remotely earn an average $2,000 a year more than those that commute
  • This is mostly due to the fact that many remote roles are white-collar and tech-focused jobs that typically correlate to higher salaries
  • 3% of U.S. employees work from home full-time
  • Source: Census Bureau
By |2019-10-10T20:12:45+00:00October 11th, 2019|Categories: Uncategorized|Comments Off on By the Numbers: October 11, 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.