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The latest news, trends and information to help you with your recruiting efforts.

Posted September 18, 2013 by

Are You Seeing 2020? A Look into the Future of the Job Market and More

While all of us should take one day at a time, you might be thinking about the future too.  The following infographic shows what the job market and other areas in the United States may look like in the year 2020. (more…)

Posted May 03, 2013 by

10 Top Industries For Job Seeking College Grads

Upward arrow with staircase

Upward arrow with staircase graphic courtesy of Shutterstock

Which industries are seeing the most growth in entry-level jobs for college-educated workers? Industries with the largest year-over-year growth for entry-level jobs are: (more…)

Posted April 03, 2013 by

Private Sector Employment Increased 158,000 in March

Mark Zandi, chief economist of Moody's Analytics

Mark Zandi, chief economist of Moody’s Analytics

Another good month of employment reports, this time from ADP and Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. Revisions to job gains in the two prior months were offsetting; February’s gain of 198,000 jobs was revised up by 39,000 to 237,000, and January’s 215,000 gain was revised down by 38,000 to 177,000.

Goods-producing employment rose by 7,000 jobs in March, its slowest pace of growth in six months. Construction added no net jobs over the month; this follows average monthly gains of 29,000 in the three months prior. Meanwhile, manufacturers added 6,000 jobs.  (more…)

Posted January 04, 2013 by

Employers Add 155,000 Jobs in December; Private Sector Up 168,000

Bureau of Labor StatisticsU.S. job growth slowed slightly in December as Congress fought over tax increases and spending cuts. In a nutshell, the report was quite positive as U.S. nonfarm payrolls increased by a seasonally adjusted 155,000 last month, the U.S. Bureau of Labor Statistics reported earlier today. Given population growth, that’s about how many jobs need to be added to the economy in order to keep the employment rate steady. In 2012, job gains averaged 153,000 per month, the same as in 2011. In December, employment rose in health care, food services and drinking places, construction, and manufacturing.

Health care employment increased by 45,000 over the month, with gains in ambulatory health care services (+23,000), in hospitals (+12,000), and in nursing and residential care facilities (+10,000). Health care added 338,000 jobs over the past 12 months.

Employment in food services and drinking places rose by 38,000 in December. In 2012, the industry added an average of 24,000 jobs per month, essentially the same as in 2011.

Construction employment rose by 30,000 in December, with gains in construction of buildings (+13,000) and in residential specialty trade contractors (+12,000).

In December, manufacturing employment grew by 25,000, with small gains in a number of component industries. In 2012, manufacturing added 180,000 jobs; most of the growth occurred during the first quarter of the year.
Within retail trade, employment in clothing and accessories stores fell by 19,000 in December, following gains that totaled 55,000 over the prior 3 months. In December, employment continued to trend up in automobile dealers and in food and beverage stores.

Average hourly earnings of all employees on private nonfarm payrolls rose by 7 cents in December to $23.73. Over the past 12 months, average hourly earnings have risen by 2.1 percent. From November 2011 to November 2012, the Consumer Price Index for All Urban Consumers (CPI-U) increased by 1.8 percent.

Most major indicators from the survey of households showed little or no change in December. The unemployment rate, obtained by a separate survey of U.S. households, was 7.8 percent, the same as the November figure. The rate has been at or near that level since September. In December, the number of unemployed persons was little changed at 12.2 million. Among the unemployed, 39.1 percent had been jobless for 27 weeks or more. The employment-population ratio, at 58.6 percent, also was essentially unchanged over the month, and the labor force participation rate held at 63.6 percent.

Among persons who were neither working nor looking for work in December, 2.6 million were classified as marginally attached to the labor force, about unchanged from a year earlier. These individuals wanted a job, were available for work, and had looked for a job within the last 12 months. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, was little changed in December from a year earlier at 1.1 million.

Posted September 06, 2012 by

Excellent News: Private Sector Jobs Rocket Up by 201,000 in August

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 201,000 from July to August, on a seasonally adjusted basis. The estimated gain from June to July was revised up from the initial estimate of 163,000 to 173,000. (more…)