Employment Varies State by State
It is common knowledge that the job market is difficult in these tough economic times. The Obama administration has been working hard to find ways to create new jobs for the unemployed. The efforts to increase jobs have been very effective in some states, while other states are finding it difficult to increase jobs.
The Bureau of Labor Statistics recently released a report containing state-by-state employment figures from January 2010 to January 2011. Texas topped the list, adding 253,900 jobs. Coming in behind Texas is California, which added a total of 89,400 jobs. Other states that added over 50,000 jobs are Pennsylvania, Michigan, Illinois, Ohio, and New York.
While some states are seeing big increases in jobs, others are actually seeing a decline in jobs between January 2010 and January 2011. New Jersey lost 20,900 jobs, the most out of any state. Coming in behind New Jersey, Nevada lost a total of 7,800 jobs. Other states that had a decline in jobs are Georgia, Arizona, Kansas, New Mexico, Alabama, and Rhode Island.
Thomas, Scott. “State employment totals (January 2011).” Buffalo
Business First (2011): n. pag. Web. 14 Mar 2011. <http://www.bizjournals.com/buffalo/datacenter/state-employment-totals-january-2011.html?appSession=616100782312532&RecordID=&PageID=2&PrevPageID=&cpipage=4&CPISortType=&CPIorderBy=>.
The Varying Unemployment Rate of Different Occupations
You may have read our article last month that boasts about the unemployment rate falling to 9 percent, the lowest since April 2009. This is potentially good news for many looking for jobs right now. However, this unemployment rate changes based on occupation. Some positions are going to have a much lower unemployment rate, while other will have a significantly higher rate.
The 10 occupations with the lowest unemployment rates range from .4 percent to 1.0 percent. 5 of the 10 occupations with the lowest unemployment rate are in healthcare showing that this industry is growing. The 10 occupations with the lowest unemployment rates are:
- Appraisers and assessors of real estate: 0.4%
- Therapists, all other: 0.4%
- First-line managers of police and detectives: 0.4%
- Locomotive engineers and operators: 0.4%
- Directors, religious activities and education: 0.8%
- Dentists: 0.8%
- Speech-language pathologists: 0.8%
- Detectives and criminal investigators: 0.8%
- Physicians and surgeons: 0.9%
- Occupational therapists: 1.0%
On the other hand, there are some occupations that are seeing a significantly higher unemployment rate. Of the 10 occupations with the highest rate, 7 are in construction. The 10 occupations with the highest unemployment rates are:
- Helpers, construction trades: 36.0%
- Telemarketers: 34.8%
- Structural iron and steel workers: 28.4%
- Roofers: 27.1%
- Millwrights: 25.5%
- Cement masons, concrete finishers and terrazzo workers: 25.3%
- Brickmasons, blockmasons, and stonemasons: 25.1%
- Construction laborers: 25.0%
- Drywall installers, ceiling tile installers, and tapers: 23.9%
- Interviewers, except eligibility and loan: 23.4%
*Information last updated January 12, 2011
Goldstein, Jacob. “Which Jobs Have The Highest And Lowest
Unemployment Rates?.” NPR (2011): n. pag. Web. 2 Mar 2011. <http://www.npr.org/blogs/money/2011/01/12/132859364/which-jobs-have-the-highest-and-lowest-unemployment-rates>.
Unemployment rate falls to 9 percent; lowest since April of 2009
2010 was a difficult year for those looking for a new career with a high unemployment rate and a competitive job environment. Open job positions are getting flooded with a large amount of applications making it more difficult to get chosen. However, President Obama is proud to announce that the employment rate fell to 9% in January, down from 9.4% in December. This could be a good sign for the upcoming year with hopes that the unemployment rate continues to decline.
But it is not all good news; only 36,000 jobs were added overall. This is lower than projected, meaning that people may have dropped out of the job market. However, the White House is staying positive saying, “The 0.8 percentage decline in the unemployment rate over the past two months is a welcome development… However, the rate remains unacceptably high.” The Obama administration will continue to work towards a lower unemployment rate and more jobs being added.
Source: http://content.usatoday.com/communities/theoval/post/2011/02/obama-gets-good-news-bad-news-on-jobs/1
America’s Hottest Job Markets
With a new year comes new hot job markets in the United States. Monster.com released a report showing the top ten job markets that are great places for job seekers to look. The hottest job markets are:
- Washington, D.C.
- San Francisco
- Boston
- Baltimore
- Seattle
- Minneapolis
- Cleveland
- Tampa
- Dallas
- Kansas City
Monster is also reporting that the information technology and health care industry are the winning industries to be in right now. The economic recovery has prompted many companies to spend more on IT infrastructure and install new technology. The health care industry has not been impacted much during the recession with many baby boomers, who previously had the health care skills, retiring and leaving positions wide open.
Van Der Pool, Lisa. “Survey: Boston third hottest job market.” Boston Business Journal 21 January 2011: n. pag. Web. 26 Jan 2011. <http://www.bizjournals.com/boston/news/2011/01/21/survey-boston-third-hottest-job-market.html?surround=etf&ana=e_article#ixzz1ByzW9a8y>.
Stronger Employment Trends Expected in 2011
The unemployment rates in 2010 have been the highest in well over twenty years. It has been a difficult year for the unemployed who have had trouble finding a position in their field. With many mass layoffs by United States based companies, the job market has become extremely competitive. There have been a record number of applications for many open positions, which makes it difficult to land a career in your specialized field.
However, stronger employment trends are expected in 2011. Harris Interactive conducted a survey of more than 2,400 hiring managers and human resource specialists. The results of this survey concluded that more employers plan to add more full-time employees in 2011 than in 2010. Job creation will be gradual, but steady, so the change in hiring may not become immediately apparent. Matt Ferguson of CareerBuilder explains that, “More than half of employers reported they are in a better financial position today than they were one year ago.” This is a good improvement and will allow these companies to hire more employees in 2011.
The results of the survey showed that 24% of employers plan to hire full-time, permanent in employees in 2011. This is an improvement from the 20% who said they plan to hire in 2010, and 14% in 2009. 13% of employers said they expect to hire part-time employees in 2011, which is up from 11% in 2010 and 9% in 2009.
Some fields will be in higher demand during 2011 than others. The top 10 fields can be seen below:
1) Sales – 27 percent
2) Information Technology – 26 percent
3) Customer Service – 25 percent
4) Engineering – 21 percent
5) Technology – 19 percent
6) Administrative – 17 percent
7) Business Development – 17 percent
8 ) Marketing – 17 percent
9) Research/Development – 15 percent
10) Accounting/Finance – 14 percent
“Stronger Employment Trends Expected for the New Year, According to CareerBuilder’s 2011 Job Forecast.” ShareBuilder (2010): n. pag. Web. 26 Jan 2011. <http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?id=pr611&sd=12/29/2010&ed=12/31/2010>.
Hire Velocity attends RPO Summit 2010
Filed under: Recruiting Tools, Recruiting Update
The annual RPO Summit was held earlier this week in Las Vegas. The RPO Summit brings together executive recruitment and talent acquisition decision-makers in the single largest gathering of the year. Hire Velocity was in attendance this year and had a great time meeting others in the industry.
We had a great time networking with RPO (Recruitment Process Outsourcing) buyers and with other successful RPO firms in the industry. It was especially beneficial to hear live from so many of the large enterprise buyers regarding how their relationship works and the tweaks that they have made along the way. The Summit enabled all of us to learn from each other, share insights, and work on challenges facing the industry as a whole.
This year we showcased our Hiring Suite of Services, our unique combination of recruiting technology, process, and people. The Hiring Suite of Services includes services such as Active Sourcing & Screening, Passive Candidate Development, Name Generation, Life Cycle Management, On Demand RPO, Project RPO, and Full RPO.
In an effort to document the wonderful experience at the RPO Summit, we have added a collection to our Flickr page with pictures taken during the event.
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