BountyJobs Bites U.S. Unemployment Decreases Again The Numbers: U.S. unemployment rate decreased from 3.9% to 3.8% in May Monthly employment report showed an increase of 223K nonfarm jobs in May In May – Retail increased by 31K jobs, Healthcare by 29K, Construction by 25K Labor Department Reports More Jobs Than Candidates The Numbers: 6.7 million [...]
BountyJobs Bites Summer Hiring is Up A survey from Snag finds that 46% of employers are increasing pay as competition for summer help is tight. 74% are planning on offering $11 an hour while only 53% of employers last year were doing so. 95% are adding more shifts to these season jobs – other tactics [...]
BountyJobs Bites San Francisco, NY, and Boston Increase Tech and Digital Jobs According to the Digital Jobs index, the San Francisco Bay Area increased the number of tech jobs by 4,375 for a 2.1% employment gain. NYC saw a 1.8% increase with 1,280 jobs while Boston had growth of 1.1% with 650 jobs. The growth [...]
BountyJobs Bites U.S. Tech Jobs on the Rise, But Facing Lack of Talent The TechServe Alliance stated that the lack of IT talent contributed to the lack of growth in jobs for the industry. The growth of IT jobs squeaked by with a .05% increase to more than 5.3 million jobs – year over year [...]
BountyJobs Bites Job Openings Hit Record in March The Job Openings and Labor Turnover Survey reported that March saw a record 6.6 million job openings. That’s estimated to be one job for each unemployed person – up from 1.9 people per job at the beginning of the Great Recession. In addition, the ‘quits rate’ which [...]
BountyJobs Bites Unemployment Hits 17 Year Low The U.S. unemployment rate dipped to 3.9% in April, though some analysts state this is due to a decline in the labor force participation rate. The Fed forecasts the rate will decrease to 3.6% in 2019. The economy added 164k jobs last month. What Impacts Grads Accepting or [...]
We are so excited to be partnering with Namely, a leader in HR platforms for mid-sized companies! Pushing the Talent Acquisition Envelope This strategic partnership with Namely is part of our initiative to pursue innovation in Talent Acquisition. We're building a network of like-minded technology providers that are focused on improving the way companies recruit, [...]
BountyJobs Bites AI to Help Train, Not Reduce Employees Research from SAP and the Economist Intelligence Unit via the report, ‘Making the Most of Machine Learning: 5 Lessons from Fast Learners’, finds that for the most part, machine learning will help to retrain workers – not replace them. 75% of senior executives responding stated they [...]
BountyJobs Bites More Overtime the Answer for Skills Gap? Data from the U.S. Bureau of Labor Statistics reports that average weekly overtime hours decreased slightly March over February 2018. In industries such as construction as well as mining and logging, however, have higher year-over-year rates for overtime to make up for labor shortages. Talent Acquisition [...]
BountyJobs Bites March Hiring Continues Positive Trend Per the LinkedIn Workforce Report for April 2018, hiring was up 19.3% year over year in the U.S. Hiring saw a large burst during the summer months last year, so those year over year comparisons should be interesting. Financial Services and Insurance, Aerospace/Automotive/Transportation, and Manufacturing/Industrial all had the [...]