Why computer occupations are behind strong STEM employment growth in the 2019–29 decade
Science, technology, engineering, and mathematics (STEM) occupations are projected to grow over two times faster than the total for all occupations in the next decade. The U.S. Bureau of Labor Statistics (BLS) 2019–29 employment projections show that occupations in the STEM field are expected to grow 8.0 percent by 2029, compared with 3.7 percent for all occupations.
Unemployment rate falls to 6.3% in January 2021
The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic and efforts to contain it. In January, notable job gains in professional and business services and in both public and private education were offset by losses in leisure and hospitality, in retail trade, in health care, and in transportation and warehousing.
Jacksonville and Tampa Workforce Confidence Among Top 10 in the Nation
According to George Anders, LinkedIn’s Senior Editor at Large, Tampa and Jacksonville are among the top 10 cities in the country for worker confidence. LinkedIn’s #WorkforceConfidence Index measures how workers feel about their present job security, finances and career outlooks.
Scores for the top 10 markets in the nation ranged from +37 to +46, with +31 being the national average. In the most recent index analyzed for the July-September quarter, Jacksonville reflected a +40 rating and Tampa received +43. Five of the top 10 markets were located in the southeast, including Greenville (+42), Memphis (+41) and Atlanta (+37). The highest reading came from Colorado Springs, CO (+46).
Some of the least confident cities included Tucson (+18), Milwaukee (+19), Las Vegas (+24), Chicago (+26), Portland (+26) and Austin (+26). Another Florida city, Orlando, checked in with a +27, a low outlier among many southeastern cities due to its large service-industry workforce.
Jacksonville—with its diversified workforce of technology, accounting & finance (including fintech), logistics, transportation & distribution, real estate, education, and healthcare—has helped to keep many workers employed and confident even throughout the COVID-19 pandemic. Tampa has enjoyed steady job growth demands in industries such as financial services, hospitality and pharmaceuticals. Like other cities throughout the southeast, Tampa and Jacksonville are also experiencing a rising population due to an influx of new residents moving in from other areas of the country.
Unemployment Rate Surges to 4.4 Percent, March 2020 Jobs Report
The Labor Department announced that the US economy shed 701,000 jobs in March as the unemployment rate leapt up to 4.4 percent amid the coronavirus pandemic.
Alluvion Supports Announcement by Governor Ron DeSantis of More Than $3.6 Million for FinTech Training Program
Alluvion President, David Reichard, was present on Feb. 12, 2020 as Governor Ron DeSantis announced he is awarding more than $3.6 million for a FinTech initiative in Northeast Florida. Financial technology is a growing job field that includes building apps, machine learning and cloud-based data management, among others. Read more on Governor DeSantis’ FinTech Training Program
New Florida Employee Overtime Rules Go Into Effect January 1, 2020
On January 1, 2020, the final overtime rule for Florida employers went into effect, making over 1.3 million workers eligible for overtime pay. This amendment might also mean a hike in costs for Florida business owners, depending on the types of workers they employ.
312,000 Jobs Added in December 2019 – The Biggest Gain in 10 Months
Although the national unemployment rate jumped to 3.9 percent, the economy ended the year by adding more jobs than private analysts had projected. Several sectors saw a pickup in hiring in December including manufacturing, construction, retail, health care, and leisure and hospitality.
Hiring Slowed in September 2019 as Unemployment Rate Fell to a 50-Year Low
Job growth was steady nationwide in September. The economy lost some momentum, though, as the trade war hurt manufacturing and global growth cooled.
National Unemployment Rate at 3.7% Through June 2019
Approximately 224,000 jobs were created in June 2019, and the national unemployment rate remained little changed at 3.7%, according to the Bureau of Labor Statistics. Employment increased in professional and business services, health care, and transportation and warehousing.
U.S. Jobless Claims Hit Five-Week Low Amid Tight Labor Market
Filings for U.S. unemployment benefits dipped to a five-week low, according to Labor Department figures released on May 23, 2019. The third straight drop in claims suggests the labor market is still healthy amid the lowest unemployment rate in almost a half-century and steady wage gains.
US Jobs Report – April 2019
The national unemployment rate remained at 3.8%. Of the 15 major industry groups analyzed by the US Bureau of Labor Statistics, eleven added jobs for the month. The three that most drove total nonfarm employment growth (on a seasonally adjusted basis) were healthcare and social assistance (+61,200), professional services excluding temporary help (+42,400), and leisure & hospitality (+33,000).
Alluvion VP of RPO Warns of the Negative Effect from Inexperienced RPO
The decision to move recruiting back in-house that some organizations have taken is “shortsighted,” opines Paul Meyer, Vice President of RPO at Alluvion, a Jacksonville-based talent acquisition company. He chalks this move up to a few bad experiences with inexperienced RPOs.
Staffing Industry Analysts Reports Job Openings Record in August
The number of U.S. job openings reached another new record in August, and the number of openings outpaced the number of unemployed in August by 902,000, according to data released from the U.S. Bureau of Labor Statistics in October.
May 2018 Jobs Report
The Labor Department released its official hiring and unemployment figures for May on Friday, providing the latest snapshot of the American economy. 223,000 jobs were created in May, bringing the nation’s unemployment rate down to 3.8 percent.
Jacksonville Recently Ranked No. 6 for Local Business Population Growth
In the third installment of Yelp’s Local Economic Outlook, a program that ranks U.S. metro areas by the pace of growth in their local-business population, the city of Jacksonville comes in at No. 6, moving up from No. 26 in last year’s outlook. The Home Services category accounted for the largest share of new business opening in Q1 2018, according to the report. Health, active and beauty services were the next highest growth categories in Jacksonville.
For the full report, visit Read Full Report on Yelps Local Economic Outlook
US Temp Jobs Rise By 4%, Temp Penetration Rate Up
Staffing Industry Analysts report that the U.S. gained 26,500 temporary help services jobs in February.
Employers Add 313k Positions as Job Growth Explodes in February
Job gains exploded in February, as the domestic labor market generated new jobs in its best month since mid-2016, according to a recent report published by the Bureau of Labor Statistics.
Bureau of Labor Statistics on Employment Cost Trends
The National Compensation Survey produces quarterly indexes measuring change over time in labor costs, Employment Cost Index (ECI), and quarterly data measuring level of average costs per hour worked, Employer Costs for Employee Compensation (ECEC).
10 Reasons You Should Use Staffing Firms
LinkedIn Talent Blog shares why an external search team can play a critical role in helping your company find talent.
BLS Monthly Employment Data
Payroll employment the week containing the 12th of each month, based on established survey by the U.S. Bureau of Labor Statistics.
The American Staffing Association’s Industry Snapshot
The staffing, recruiting, and workforce solutions industry makes a vital contribution to the U.S. economy, and provides outstanding job and career opportunities for nearly 15 million employees each year. The ASA shares facts and statistics for staffing companies and employees.
How to Write a Resume
From your career summary and work history to your education and skills, Monster.com gives advice on how to make each section of your resume the best it can be.