>>By the Numbers: August 9, 2019

By the Numbers: August 9, 2019

BountyJobs Bites:

Majority of Candidates Don’t Negotiate Salaries

The Numbers:

  • 67% of job seekers stated they were ‘unable to negotiate for their current salary’ per a recent survey
  • 5% stated that they were told by their company what their salary would be
  • 3% received a lower salary than what was requested
  • Source: Monster

Telecommuting Sees Large Increases

The Numbers:

  • Telecommuting has increased 159% over the last 12 years
  • Telecommuters are defined as ‘non-self-employed’ workers who principally work from home at least half of the time’
  • Source: Global Workplace Analytics and FlexJobs

Blue-Collar Workers Stay for Reasons Different Than Choosing the Job Initially

The Numbers:

  • Initially, hourly, blue-collar workers focus on pay, job security, and benefits when considering a new job
  • When weighing to stay at a current job those factors change to culture, schedule, and the ability to learn new skills
  • More than 25% of hourly workers are looking for their next opportunity
  • Source: EmployBridge

BountyJobs Reports: When Recruiter Priorities Compete; Fill Speed, Growing Recruiter Req Loads, and Diversity

The Numbers:

  • The financial and business services sector faces the biggest skills gaps, with an estimated deficit of 10.7 million workers by 2030
  • The U.S. national average across all industries and employer sizes fluctuates between 30 and 40 reqs per recruiter
  • 78 percent of talent leaders view diversity as a top trend that is shaping the future of recruiting

FedEx and UPS Sunday Drivers Paid Less

The Numbers:

  • A group seen as a ‘lower-paid army of delivery drivers’ will be leveraged to staff Sunday deliveries for FedEx and UPS
  • Ground crews and the lower-paid tiers of their workforces will be utilized
  • Source: The Wall Street Journal

Current U.S. Job Market – Hot or Not?

The Numbers:

  • 164K jobs were created in the U.S. in July 2019 with a record low unemployment rate of 3.7%
  • However, the monthly average job growth for the past three months was 140K compared to 211K in 2018.
  • Real average annual wage growth has been 1.6% compared to 4% before the recession
  • Source: Axios

Born in a Big City Equals Better Pay

The Numbers:

  • Per a recent study, those born in a big city (London) earned more than those born in less populated areas
  • Those born in London earned 6.6% than those in Manchester
  • Those born in London earned 9.3% more than those born in Liverpool
  • Source: Journal of Urban Economics

Tech Employment Increases in July

The Numbers:

  • U.S. employment in tech increased by about 11,400 jobs in July
  • Telecom companies eliminated around 5,100 jobs
  • This is the ninth consecutive month that telecom has experienced an employment decline
  • Source: CompTIA

Wages for Retail Workers Hit a 15 Year High

The Numbers:

  • Wages for retail workers his a 15-year inflation-adjusted high, increasing 5.1% last year
  • Still, retail is still one of the lowest-paid industries with non-supervisory hourly workers making 29% less than other industries, on average
  • Source: U.S. Bureau of Labor Statistics
By |2019-08-08T17:45:30+00:00August 9th, 2019|Categories: Talent Acquisition Trends|Comments Off on By the Numbers: August 9, 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.