BountyJobs Bites
U.S. Job Growth Slows
The Numbers:
- S. Private payrolls increased by just 27,000 rather than the 173,000 forecasted
- This is the worst performance since March 2010 when the employment market lost 113,000 jobs
- Small businesses with less than 50 employees were the hardest hit, losing about 50,000 jobs
- Source: ADP and Moody’s Analytics
Most CPAs Optimistic About U.S. Economy
The Numbers:
- 57% of CPAs in leadership roles are optimistic about the U.S. economy over the next 12 months
- 74% said the same in Q2 2018
- This is the third quarter in a row that optimism has been at a high level
- Source: Economic Outlook Survey
Mobile Job Application Process is Complicated for Most
The Numbers:
- Job seekers applying online complete 53% fewer applications
- These job seekers also take 80% longer to complete each application
- 58% of Glassdoor users look for jobs on their phone
- Source: Glassdoor
BountyJobs Reports: Cognitive Dissonance Series, Wage Growth: The Last Employer Holdout to Attract Candidates
The Numbers:
- In 2019, as employment grew in March and April in high-skilled jobs, labor markets continued to tighten
- Although salaries in the U.S. are forecasted to rise by 3.1%, workers will most likely not bring more total cash compensation home
- Source: BountyJobs
Majority of Lawyers Have Plans to Hire
The Numbers:
- 68% of lawyers plan to hire more this year than last
- 14% plan a large hiring increase
- 54% plan ‘somewhat of an increase’
- Source: Robert Half Legal
Single Moms at Work Increase
The Numbers:
- Employed single moms between the ages of 25 and 34 have jumped in share volume by almost four percentage points since 2015, marking the biggest increase since the 1990s
- Nursing and warehouse work saw the biggest increases in employment
- Source: New York Times
Smaller Percentage of Workers Believe AI Will Have a Negative Impact
The Numbers:
- 12% of workers are concerned that AI may have a negative impact on their jobs
- 39% feel that new technologies will have a positive impact
- 49% feel that AI will have zero change on their jobs
- Source: Robert Half
