A Hiring Trends survey conducted by Express Employment Professionals asked employers how easy is it to recruit and fill positions given the current economic climate. A combined 51% of respondents said recruiting and filling positions was either somewhat or very difficult to achieve. Compared with second quarter Hiring Trends data, some employers are having a slightly easier time this quarter than in the previous one. Up from 5% in the second quarter, 6% of employers said it is very easy to hire the right candidate. With the amount of time, energy, and money potentially lost by hiring the wrong candidate, employers are still cautious.
Companies Fill Jobs through Employee Referrals
Refresh Leadership, a blog for today’s business leaders, recently asked “What’s your number one source to find job candidates?” And, the results showed that companies all have their own unique way of finding top talent. The number one source with 24% of the votes was “Employee Referrals,” followed closely by “Outsourcing to an HR services or staffing firm” with 22.5%. The list rounded out with “Searching for candidates on job boards” (18%); “Networking through professional organizations and events” (8.5%); and “Utilizing social media sites like Facebook or LinkedIn” (7%). Nearly 20% of respondents submitted “Other” sources as their number one source to find job candidates, including Craigslist, newspaper ads, job fairs, and unemployment offices. Along with finding good employees, employee referral programs are great ways companies can display trust in their employees and ensure cultural fit with other team members.
RefreshLeadership.com – July 11, 2013
Employers Finding Reasons Not to Hire Candidates on Social Media
The job search and hiring processes have adapted to the digital age, and candidate evaluations have too. According to a recent survey by CareerBuilder, of the 39% of hiring managers who use social media to research a job candidate, 43% found information that deterred them from further considering an applicant. Some of the reasons cited for taking the prospect out of the running were that the candidate posted inappropriate photos, bad mouthed previous employers, or lied about qualifications. However, 19% of hiring managers said information gathered through social media either persuaded them to hire the worker or solidified their decision, citing a few of the following reasons: candidate conveyed a professional image, got a good feel for candidate’s personality, or the candidate was well-rounded with a wide range of interests.
CareerBuilder – June 27, 2013
Economic Growth Expected for Second Half 2013
The U.S. economy is expected to grow in the second half of 2013 and throughout 2014, according to survey results by Bloomberg BNA, a publisher of specialized legal, regulatory, and business news and information. The surveyors, economic forecasters from 19 leading institutions, expect the real gross domestic product to finish with 2.3% growth in 2013 and continue to grow by 3.1% in 2014. The Bloomberg BNA Midyear Economic Outlook survey is an update to the annual Economic Outlook, published in January. The results also showed that economists anticipate unemployment will fall to 7% in 2014 from an average of 7.5% in 2013. Jobs are also expected to improve an average of 167,000 per month for the remainder of 2013 and 190,000 per month in the first half of 2014.
Wall Street Journal – July 9, 2013
More than 3.8 Million Jobs in U.S. Aren�t Filled Due to Lack of Qualified Workers
Despite the current unemployment rate of 7.6%, many jobs are unfilled due to a lack of qualified workers, according to a study by Express Employment Professionals. Most of the positions are above minimum wage with a range of $11 to $30 per hour in the fields of manufacturing, accounting, medical services, administrative, sales, engineering, and information technology. “Despite the high unemployment rate, there are still good, high-paying jobs that remain unfilled due to the lack of available people with the right skills,” said Bob Funk, CEO of Express and a former chairman of the Federal Reserve Bank of Kansas City. The top cities where jobs are looking for people include Nashville, TN; Napa Valley, CA; Dallas, TX; Eau Claire, WI; Oklahoma City, OK; Portland, OR; Austin, TX; Indianapolis, IN; Tacoma, WA; and Terre Haute, IN. For more information, click here.
Express Employment Professionals – July 8, 2013
Temporary Hiring to Rise in Second Half 2013
Temporary jobs are expected to increase for the remainder of 2013 over the same period last year, according to a survey by Harris Interactive on behalf of CareerBuilder. The survey results revealed 31% of companies plan to add temporary workers, up from 21% of companies who planned on hiring temporary or contract workers in the second half of 2012. Twenty-five percent of organizations plan to hire for part-time jobs, which is up from 21% in 2012. According to CareerBuilder CEP Matt Ferguson, the results are an indication of growing confidence among companies as they experience growth, though they’re still slightly hesitant to rush “into a full-scale expansion of headcount in light of economic headwinds that still linger today.” The Conference Room on Fox Business recently highlighted the current trend of businesses in North America using staffing firms. Click here to view video.
Staffing Industry – June 12, 2013
The U.S. economy experienced strong growth in June, though the unemployment rate remained unchanged at 7.6%. The unemployment rate has edged down 0.3 percentage points since January 2013. The private sector added 195,000 jobs in June, while the Professional and Business Services industry saw the largest growth in employment of all industries, adding 53,000 positions. Learn more from the recent employment report from the Bureau of Labor Statistics and view the unemployment rate in your state.
Major Industry Employment:
- Construction: + 13,000
- Manufacturing: - 6,000
- Retail Trade: + 37,100
- Professional & Business Services: + 53,000
- Education & Health Services: + 13,000
- Information: - 5,000
- Transportation: - 5,100
- Government: - 7,000
Employment Trends is a publication of Express Services, Inc., Oklahoma City, Oklahoma. © 2013.