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Good news: Employers are ready to hire in the coming months
- April 1st, 2010
- 40 Comments
Job seekers, employers, analysts and any other person who’s paid attention to the news for the last two years has been looking for signs that the economy has a brighter future. Well, optimists, we might have what you’re looking for. Today CareerBuilder and USA Today released their quarterly job forecast, and for the third consecutive quarter more employers expect to increase headcount in the next three months, while fewer will cut staff. I think that deserves a “Yeah!”
Looking back at the first quarter (January, February and march) of 2010, here’s what the nationwide survey of employers found:
- 23 percent of employers increased full-time, permanent staff, which is a welcome increase from 13 percent in the first quarter of 2009.
- 12 percent decreased headcount, which sounds grim until you remember that the figure was 26 percent in the first quarter of 2009.
- 64 percent didn’t change their number of full-time, permanent employees. (At least this means a majority of employers didn’t make staff cuts.)
Looking ahead to the second quarter (April, May and June), you can’t help but be optimistic that the situation is improving:
- 23 percent of employers intend to add full-time, permanent employees.
- Only 8 percent plan to decrease headcount.
- 64 percent don’t plan to change their headcount, and 6 percent haven’t decided yet.
- In the second quarter of 2009, 18 percent hired full-time, permanent staff and 17 percent decreased staff. If this year’s projections hold true, then the situation is an improvement over last year’s.
What else is happening in the second quarter of 2010?
- Compensation: 40 percent of employers don’t plan to change salary levels. But 37 percent do expect to give increases of 3 percent or less, while 13 percent plan to give raises ranging from 4 to 10 percent. People lucky enough to work for a certain 2 percent of employers will receive raises of 11 percent or more. Only 4 percent of employers will decrease salaries.
- Location: Employers in the Northeast (26 percent) and West (25 percent) plan to hire full-time, permanent workers in the second quarter. The South and Midwest aren’t too far behind their figures, with 21 percent and 20 percent respectively.
- Contract workers: Some employers are apprehensive about ramping up their hiring too quickly, which might explain why 25 percent of employers will use contract workers or freelancers in the second quarter. For those workers looking for long-term employment, the good news is that 13 percent of these employers plan to hire these workers on a permanent basis.
- Interns: If you’re looking to get your foot in the door somewhere this quarter, an internship could be your ticket. Expect 24 percent of employers to hire interns in the coming three months because they’re valuable additions to the staff and are a way to keep costs low.
- Social media: Social media continues to be all the rage, so use your Facebook and blog savvy to land a job. Nine percent of employers will hire new employees to focus on social media this quarter.
- Bilingual workers:Your knowledge of a second language can come in handy on your job hunt, too, as 33 percent of employers will hire bilingual candidates this quarter. Given the choice between two equally qualified candidates, 50 percent of employers say they will pick the bilingual one. So don’t be afraid to list that skill on your résumé.
The forecast has even more good news in it, so read the press release here and the full report here.
About Anthony Balderrama
Anthony Balderrama writes about hiring trends, workplace issues and job search tactics for CareerBuilder.com and its blog The Work Buzz. He was born and raised in Dallas (115° degrees isn’t hot!) before moving to Chicago (-23° isn’t cold!). He studied creative writing, therefore everything he writes is usually cut in half once he realizes he spent 400 words just on the intro. He knows that looking for a job and dealing with co-workers are not always fun activities, and reading about them is even less thrilling. That’s why he’ll take any opportunity he can to mention his favorite TV show or band in an article. Basically Anthony’s doing whatever he can to avoid hate mail.This good news has been continuing until now. We have seen more and more jobs opening. As employers, we can now even hire on a global scale and not limit our hires from Workopolis or any other local sites ( https://www.staff.com/blog/hiring-on-workopolis-a-mistake/ ). This greatly helps the economy.
How did you make this blog look this cool. Email me if you get the chance and share your wisdom. Id be thankful.
I agree. Getting laid off opened the door to college and a second career. Like most baby boomers I prefer longevity in a job. Here is to the future and working towards every day. Good luck everyone. Stay positive
It is very hard to find a job, full or p/t Let us give you some help, click on auto parts mall to find out more.
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[...] rate was 9.7 percent for the third month in a row. This welcome news comes on the heels of CareerBuilder’s latest job forecast that reported 23 percent of employers increased full-time, permanent staff in the first quarter of [...]
[...] rate was 9.7 percent for the third month in a row. This welcome news comes on the heels of CareerBuilder’s latest job forecast that reported 23 percent of employers increased full-time, permanent staff in the first quarter of [...]
[...] rate was 9.7 percent for the third month in a row. This welcome news comes on the heels of CareerBuilder’s latest job forecast that reported 23 percent of employers increased full-time, permanent staff in the first quarter of [...]
[...] rate was 9.7 percent for the third month in a row. This welcome news comes on the heels of CareerBuilder’s latest job forecast that reported 23 percent of employers increased full-time, permanent staff in the first quarter of [...]
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