Employment Trends and Where They May Lead
When comparing the staffing landscape to September of 2014, there was an increase of about 3.7% more employees for the same period this year.* The The U.S. Bureau of Labor (BLS) Statistics also noted that temporary employment showed a small amount of change from August to September of this year, at about 0.2%, based on seasonally adjusted data.
The BLS also revealed non-seasonally adjusted data on the actual number of jobs in the economy and showed that temporary staffing increased about 1.5% from August to September, 2015. This month also saw an increase of 142,000 jobs in total U.S. non-farm payroll, while updates from July and August show a decrease of about 59,000, with the total monthly gains average hovering at 167,000 for the past three months time.
Richard Wahlquist, president and chief executive officer of the American Staffing Association, stated that:
“The news behind the headlines is that demand continues to outpace the supply of qualified candidates for staffing and recruiting firms across several industry sectors,”
He also noted that a 62.4% labor force participation rate drop, lowest since 1977, indicates that there needs to be much more focus on ensuring that the workforce in America has the skills and qualifications to support growth in the U.S. while maintaining a high level of competitiveness.
When it comes to unemployment, the number held at about 5.1% in September 2015. The BLS also revealed some preliminary data from August for placement services showing an increase in 0.5% from July adjusted to the season. Overall, search and placement jobs racked up 327,500 jobs in the same month, which is 8.6% higher than the same month in 2014.
Kane Partners is constantly on the lookout for the top quality talent that can be elusive to many employers throughout the country. Demanding jobs in IT and technology overall can result in a lack of qualified individuals for direct placement. If your company is struggling to locate the right candidate, it might be time to bring our firm to aid in the search.
Our recruitment process is defined by years of experience in the industry. When you need that urgent hire, we can tap into a large resource of talent that allows us to quickly analyze and suggest a possible match based on company culture, experience level, and location. Temporary hiring solutions are also available should you need to bring someone in to help with work overload or fill an immediate vacancy.
Are you a potential candidate that is struggling to find work in a demanding job market? It might be time to determine if the Kane Partners team can help speed up your job search. Visit our jobs page to see if there is anything you might be qualified to handle, or simply contact us today. Send over your resume and qualifications and we can help you prepare for the next big interview. We’ll connect you with a great company that suits your needs and gets you moving into the next phase of your career.