February 10, 2014

Recruiting, Staffing & Employment News – February 2014

BI, IoT, Digital Media Among Hottest Industries for 2014.

 staffing, recruiting, employment news image

January placements were predominantly in the sectors of Personal Business Analytics, Disruptive Technology Platforms, Educational Analytics, and Video & Text Chat/Digital Media. Our clients hired Product Managers, Regional Account Executives and Dev Ops & Quality Assurance Engineers.

 

The general economy added a paltry 113,000 jobs last month (the private sector added 142,000, and government payrolls diminished by 29,000). At least in tech employment is still increasing! Business intelligence, Internet of Things, Healthcare, Retail, and Construction are among the hottest industries for 2014.

 

The TechAmerica Foundation reported that Tech Industry Employment Up by Over 100,000 in 1st Half of 2013, employing 6.2 million people at mid-year. Tech jobs were driven by software services, and engineering and tech services Q1-Q2. Technology manufacturing and communications services were also growth areas.

 

IT jobs grew 0.03% to 4,521,400 in the last month of 2013, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. Year over year December that is 4.56% growth for an addition of 197,100 IT workers. Engineering jobs also grew in December, up 0.13% to 2,479,300, with YoY growth of 1.39% for an increase of 33,900 engineering workers.

 

“While IT employment grew almost three times the rate of the overall job market last year, the rate of growth decelerated throughout 2013,” stated Mark Roberts, CEO of TechServe Alliance. “While employers clearly exhibited more caution in the latter half of last year, there are signs that the rate of growth of IT and engineering employment should strengthen as 2014 unfolds,” added Roberts in a TechServeAlliance Press Release.

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September 5, 2011

Staffing & Employment News

Staffing & Employment News

Losing Momentum

Friday’s BLS economic report clearly shows that momentum in the labor market has stalled: nonfarm private payrolls increased by a meager 17,000, but as government payrolls declined by 17,000 the net job creation for August was nil. This is the lowest increase in private payrolls since February 2010, and the 4th consecutive month of weak growth. In the last consecutive 18 months, the economy did add 2.4 million private sector jobs.

What is the problem?

 The pundits cite: The Verizon Communications strike that caused decline of approximately 45,000 in nonfarm payrolls last month. The recent federal debt ceiling debate fiasco, the S&P downgrade, and the stock market debacle of August. The Conference Board Consumer Confidence Index published for the month also showed a sharp decline. The lack of demand is by far the largest problem, leading to this slow pace of hiring, especially in small firms in “core” services. And yet, thankfully, for the moment layoffs have not picked up.

Staffing Professionals Predict

Staffing organizations and recruiters seem to have a more optimistic projection. (more…)

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June 1, 2010

Staffing & Employment News – June 2010

Staffing & Employment News

Most experts tell us that the recession starting in December 2007 ended in mid-2009 when real GDP and industrial production bottomed and then started growing again. According to the National Bureau of Economic Research (NBER) business cycle committee, domestic production and employment are the primary conceptual measures of economic activity.

(more…)

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