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Goldman Sachs Predicts Unemployment Will Continue to Drop

In Industry News by Caitlin Delohery0 Comments

The unemployment rate will continue to plummet, reaching as low as 3.5% by the end of 2019, according to Goldman Sachs. If these predictions are accurate, the US will soon see the highest employment rate since 1969. Unemployment is currently at a 17-year low of 4.1%. The investment firm says that post-hurricane rebuild will bolster much of this growth and that the …

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Job Searches for “No Experience Required” Increased by 1140% in 2017

In Industry News by Caitlin Delohery0 Comments

More and more candidates are looking for jobs by searching for “no experience required” on Indeed, according to the job search website. Searches for jobs related to “hurricane relief” surged by 682%, Here are more interesting job search trends in the United States: “Tech/software” searches increased 467%. “Cannabis/Marijuana” related job searches increased 401%. “Remote/work from home” searches increased by 385%. …

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US Job Creation 16% Short of Expectations for October

In Industry News by Caitlin Delohery0 Comments

The US created 261,000 jobs in October, well short of the 310,000 predicted by Wall Street. The unemployment rate fell to 4.1%. According to Tony Bedikian, head of global markets at Citizens Bank, says the report “still points towards the positive trend that we’ve seen in payroll growth over the last several months and the last couple of years actually. …

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71% of US Employees Report that They Are Looking for a New Job

In Industry News by Caitlin Delohery0 Comments

The majority of US employees (71%) are looking to change employers, according to a report by Mental Health America and the Faas Foundation. In a survey of 17,000 workers across 19 industries, the majority reported being unhappy with their job. The top reasons cited were: 70% say their company has unrealistic workload expectations 66% say their coworkers do not give …

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2017 Holiday Hires Strong, Despite a Rocky Year in Retail

In Industry News, Staffing and Recruiting Trends by Caitlin Delohery0 Comments

The majority of large retailers (80%) expect to hire for the holidays at the same rate as last year, according to a survey from executive search and recruiting firm Korn Ferry. Though brick-and-mortar stores experienced a rough year full of store closures and layoffs, the strength of the economy overall bodes well for holiday hiring. Retailers face a tight job market. …

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Nearly Half of Women Say They’ve Experienced Sexual Harassment at Work

In Industry News by Caitlin Delohery0 Comments

Nearly half of currently employed women have experienced physical or verbal sexual harassment in the workplace, according to a new poll by NBC News and the Wall Street Journal. Though young, white, and college-educated women report harassment at a slightly higher rate than average, the poll suggests that men are harassing women of all ages, races, and political beliefs in …

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Tech Staffing Expected to Grow in 2018

In Industry News, Tech Talent Acquisition by Caitlin Delohery0 Comments

More than 60% of large companies (500+ employees) and 70% of enterprise companies (5,000+ employees) expect to see significant tech staffing increases in 2018, according to a new global survey by Spiceworks, the robust network of millions of IT pros. These tech experts forecast the following for the upcoming year: Increase in staffing: 45% No change in staffing: 48% Decrease in …

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6 Cultural Attributes That Are Most Important to Top Talent

In Industry News by Caitlin Delohery0 Comments

A well-defined sense of purpose and opportunities for growth are the two most important aspects of workplace culture, according to a new survey of 10,000 employees in 12 countries. Here’s the complete list: Purpose: The majority of employees say their organization’s purpose motivates them. Opportunities: Not relegated to promotions, employees value organizations that help them learn and grow. Success: Employees …

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U.S. Employment Fell for the First Time in Seven Years

In Industry News by Caitlin Delohery0 Comments

Employment fell by 33,000 jobs in September, marking the first decline in payrolls since September 2010, according to the Department of Labor. This fall is largely attributed to Hurricanes Harvey and Irma. The leisure and hospitality sectors were particularly hard hit, plunging 111,000 jobs, the largest plummet since such data began being kept in 1939. Overall, though, the labor landscape still …

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76% of Employers Have Trouble Attracting Top Talent

In Industry News by Caitlin Delohery0 Comments

According to a new survey from Glassdoor, 76% of hiring decision makers say that attracting top talent is their #1 challenge. Some of the reasons for this problem are: Old school recruiting strategies are no longer effective in getting the attention of informed candidates. Passive candidates are wary of networking sites like LinkedIn and have stopped responding to inquiries. Budget …