May 7, 2012

Staffing & Employment News: April showers?

Staffing & Employment News

April Showers Turn Out to be a Drizzle. 

 

April didn’t shower us with an abundance of jobs; with an increase of only 115,000 net, and 130,000 in private payrolls. This slow-down disappointed after March’s 154,000 new jobs and February’s 259,000. The biggest gains were in professional & business services at 62,000, retail trade increased by 29,000, health care rose by 19,000, and leisure & hospitality added 12,000. Goods-producing jobs increased by 14,000 after a 38,000 rise in March.

A May survey by CareerBuilder and HeadHunter.com shows that 31% of employers plan on hiring executive-level positions over the next six months; this is up from 23% who said the same in October. Of those respondents who plan to hire executives, 24% will hire in business development, followed by information technology (23%), sales (22%), marketing (19%) and accounting/finance (19%).

The National Association for Business Economics (NABE) April survey shows that 78% of businesses, the most in a year, project the world’s largest economy will expand more than 2 % in 2012. And, the Monster employment index increased three points in April to 146. In a particularly strong showing, transportation & warehousing led the sector pointing to rising activity in the supply chain.

The National Federation of Independent Business (NFIB) offered a less optimistic assessment, stating that six months of gains in the Small Business Optimism Index were reversed in March. Nine of the NFIB’s ten index components declined, “most notably hiring plans and expected real sales growth each taking a significant dive, in spite of owners reporting the largest increase in new jobs per firm in a year,” stated the NFIB in a press release.

ExecuNet’s March benchmark Search Firm Hiring Index indicates that 24% of responding executive recruiters report that they would be adding new professional research and consulting staff over the next three months, a one point improvement from February. Firms in especially resilient markets such as healthcare, technology and life sciences report that they are busy and expect to get busier as more companies shift to growth mode given continuing positive news about the economic recovery. Redfish Technology continues to experience increased business and has made additional hires in the second quarter of this year.

 

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