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Job forecast and midyear career check
- July 5th, 2012
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We’re halfway through 2012, and unless the Mayans are right about the world ending this winter, job seekers have a reason to look forward to the second half of the year. CareerBuilder’s midyear job forecast expects improved hiring conditions in the latter half of 2012, with 44 percent of private-sector employers reporting that they are planning to hire full-time, permanent staff from July 1 through Dec. 31, up 9 percent from the same period last year.
Matt Ferguson, CEO of CareerBuilder, says that in previous years, hiring activity was driven mainly by large employers that recruited in metropolitan areas. However, current conditions in the job market point to openings in all industries, market sizes and company sizes.
Where employers are hiring first
Employers are first hiring in several areas that affect revenue and innovation, which means that customer service is the No. 1 field for hiring, with 24 percent of employers planning to add jobs. Information technology is close behind at 22 percent, followed by sales at 21 percent.
Employers are also hiring for administrative positions, business development, accounting/finance and marketing positions in large numbers.
Your midyear career check
What does this all mean for your job search? The nationwide survey points to several clear trends in hiring, which can help you reassess your plan for seeking a job. Here’s an overview to guide you toward the industries, areas and positions that are hiring now.
Location, location, location: The West is best for hiring. Employers in this region report the highest year-over-year increase for adding full-time, permanent employees, at 47 percent, followed by the South at 45 percent, the Northeast at 44 percent and the Midwest at 40 percent. You can get creative with your job search and combine different areas of growth to improve your chances of getting hired. Customer service is seeing an increase in hiring, and searching for those jobs in the West – where full-time, permanent employees are getting hired the most – could be a smart career move if relocation is an option for non-Westerners.
Small businesses: While small businesses have been more cautious in hiring new employees, the numbers are slowly increasing. Thirty-four percent of companies with 500 or fewer employees say they are hiring full-time, permanent employees, up from 27 percent in 2011. Thirty-one percent of companies with 250 or fewer employees and 21 percent of those with 50 or fewer employees also report they are hiring full-time, permanent employees. Since small businesses are hiring gradually, job seekers with specific training or talents will likely have better odds of being hired. Smaller businesses don’t always have the resources to provide on-the-job training and instead need job candidates with strong backgrounds in their field.
Newly created positions: More employers are reporting that new jobs have been created within their organizations. Jobs that didn’t exist five years ago are now growing to meet new technology needs, including positions tied to:
- Social media – 16 percent
- Storing and managing data – 15 percent
- Cybersecurity – 12 percent
- Financial regulation – 10 percent
- Promoting diversity inside and outside the organization – 9 percent
- “Green” energy and the environment – 8 percent
- Global relations – 8 percent
To improve your odds of getting noticed for one of these newer positions, make your résumé and cover letter specific to the job for which you’re applying. Focus on the language provided in the job description, and include any and all relevant training and experience you’ve received in recent years. Proving you’re relevant and can keep up with change will put you in the spotlight for newly created positions.
The conditions for the second half of 2012 look positive, and the variety in the size and location of companies hiring is a good indicator that more job seekers will be able to enter the workforce soon.
About Susan Ricker
Susan Ricker is a writer and blogger for CareerBuilder.com and its job blog, The Work Buzz. She researches and writes about job search strategy, career management, hiring trends and workplace issues. Susan studied English at Saint Joseph’s University before returning to Illinois with a fascination of Internet cat videos and writing. Job searching doesn’t have to be stressful with insider tips and help from The Work Buzz. But seriously, more cat video analysis during interviews.Stay Connected
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