U.S. workers to see an upswing in hiringStaff writer ▼ | July 9, 2015
At the halfway point in 2015, both employers and job seekers are feeling confident in their prospects, according to CareerBuilder's Midyear U.S. Job Forecast.
Employment Nearly half of employers plan to hire full-time
At the same time, workers are looking to take advantage of a labor market that has produced 245,000 jobs per month on average in the last year1. Three in ten workers (29 percent) plan to change jobs in the next 12 months, up from 25 percent last year.
49 percent of employers plan to hire full-time, permanent employees in the second half of 2015, up from 47 percent last year
28 percent plan to hire part-time employees in the second half of 2015, up from 27 percent last year
34 percent plan to hire temporary or contract workers in the second half of 2015, up from 33 percent last year
The national surveys, which were conducted online by Harris Poll on behalf of CareerBuilder from May 14 to June 3, 2015, included representative samples of 2,321 hiring managers and human resources managers and 3,321 full-time, U.S. workers across industries and company sizes.
Nearly half of employers (47 percent) expect to increase starting salaries on job offers over the next 12 months. Around 1 in 6 employers will raise starting salaries by 5 percent or more.
Information Technology (56 percent), Health Care (56 percent), Hospitality (54 percent), Financial Services (52 percent), Manufacturing (52 percent) and Retail (50 percent) are among industries expected to outperform the national average for full-time, permanent hiring in the back half of the year.
The top functional areas where employers will be adding jobs in the second half of 2015 include:
Customer Service – 31 percent of hiring managers
Sales – 23 percent
Information Technology – 22 percent
Production – 18 percent
Accounting/Finance – 12 percent
Marketing – 11 percent
Human Resources – 9 percent
Drilling down into specifics, some of the in-demand areas employers will be recruiting for include those tied to mobile, search or cloud technology; cyber security; social media; wellness; financial regulation; managing and interpreting big data; content strategy for the Web; alternative energy sources and robotics.
Hiring managers in small businesses are indicating a greater sense of confidence when it comes to recruitment plans. Hiring is expected to increase three percentage points over last year for companies with 50 or fewer employees.
50 or fewer employees – 27 percent hiring full-time, permanent employees, up from 24 percent last year
250 or fewer employees – 37 percent hiring full-time, permanent employees, up from 35 percent last year
Among larger companies with more than 500 employees, 3 in 5 hiring managers (62 percent) plan to add full-time, permanent employees, up from 61 percent last year.
Comparing regions, the Northeast displayed the biggest increase in the percentage of employers planning to add full-time, permanent headcount in the second half of the year. Hiring in the other regions is expected to experience a slight shift or stay in line with last year.
Northeast – 52 percent hiring full-time, permanent employees, up from 48 percent last year
South – 49 percent hiring full-time, permanent employees, up from 48 percent last year
Midwest – 46 percent hiring full-time, permanent employees, on par with last year
West – 46 percent hiring full-time, permanent employees, down from 47 percent last year
Hiring in Q2 2015: Thirty-nine percent of employers added full-time, permanent headcount in the second quarter, up from 36 percent last year. Nine percent decreased headcount – an improvement from 10 percent last year – while 51 percent made no change and 1 percent were unsure.
Hiring in Q3 2015: Looking ahead, 34 percent of employers plan to hire full-time, permanent employees in the third quarter, up from 31 percent last year. Seven percent expect to downsize staffs – an improvement from 9 percent last year – while 54 percent anticipate no change and 5 percent are undecided. ■