Your SlideShare is downloading. ×
Hiring
Hiring
Hiring
Hiring
Hiring
Hiring
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Hiring

167

Published on

Hiring forecast

Hiring forecast

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
167
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Q2 2009 U.S. Job ForecaSt
  • 2. Company undecided the economic recession continUes to take its This quarter (1st quarter, Jan.-1Jun. 30,31, 2009), is your company, In the second quarter (Apr. 1 - Mar. 2009), does your company, toll on employment prospects in the U.s., according at your location, plan to increase, decreasemaking no change at your location, increasing, decreasing or or make no change to the latest quarterly job forecast from CareerBuilder and in its number of full-time, permanent employees? in its number of full-time, permanent employees? USA TODAY. Following a loss of 2.6 million jobs in the last four months,* employers are holding off on staff expansions 1% 13% 7% 14% and focusing efforts on keeping current headcount as they navigate through a tough economy. Increasing Increasing 14% Decreasing “We’ll be looking for the market to stabilize over the next three 60% Decreasing 26% No change to six months, when you’ll hopefully see job losses below 64% No change 100,000 and eventually closer to zero,” said Matt Ferguson, Company undecided Company undecided CEO of CareerBuilder. “Employers want to hold on to their talent and are taking measures to contain costs and bring in new revenue streams, so they can maintain their staff levels. Sixty-four percent of employers expect there will be no change in their number of full-time, permanent employees in the second quarter.” In the second quarter (Apr. 1 - Jun. 30, 2009), does your company, If your location, at your location, Mar. 31, 2009), is your change This quarter (1st quarter, Jan. 1 - employs or make no company, at your company,plan to increase, decreasehourly workers, how CareerBuilder and USA TODAY surveyed more than at yourits numberchanged indecreasing or makingQ1 2008? have their hoursincreasing, Q1 2009 compared to no change in location, of full-time, permanent employees? 2,500 hiring managers and human resource professionals in its number of full-time, permanent employees? and over 4,400 workers across industries. 12% 7% 14% 5% 1% 13% 25% Hours were cut Hiring in Q1 2009 14% Increasing Increasing Hours were increased Decreasing Thirteen percent of employers said they increased their Decreasing number of full-time, permanent employees in the first Hours stayed the same 64% 60% 53% 26% No change No change quarter – down from 31 percent this time last year – while Not sure undecided Company 60 percent reported their staff levels remained the same. 5% Company undecided Does not employ Twenty-six percent reported a reduction in headcount, up from hourly workers 13 percent this time last year. One percent were undecided. When asked if hours had changed, on average, for hourly workers in Q1 2009 year over year, 53 percent reported no change in the number of hours offered while 25 percent IfInHiring By Region - In location, employs hourly workers, how your company, at your the 2ndJun. 30, 2009), does your company, the second quarter (Apr. 1 - quarter, does your company, at reported hours were cut. Five percent stated that hours have their hours changed in Q1 2009 compared to Q1 2008? your location, plan to increase, decrease or make no no change at your location, plan to increase, decrease or make change in had increased while another 5 percent were unsure. in its number of full-time, permanent employees? its number of full-time, permanent employees? 12% 5% 7% 14% 25% 66% 66% 66% 70% Hiring in Q2 2009 60% 59% Hours were cut Fourteen percent of employers expect to add full-time, 50% IncreasingNortheast Hours were increased 40% 14% permanent employees in the second quarter, relatively 16% 19% 14% DecreasingMidwest 30% Hours stayed the same unchanged from the first quarter of 2009 and down from 53% 20% 14% 14% 14% 12% 14% 9% 6% 7% 7% 29 percent in the second quarter of 2008. Fourteen 64% 10% Not surechangeSouth No 5% West percent anticipate there will be a decrease in headcount 0% DoesCompany undecided not employ in the second quarter while 64 percent expect no change Increase Decrease No Change Company workers hourly Undecided and 7 percent are undecided. Hiring By Region - In the 2nd quarter, does your company, at Hiring By Company Size - In the 2nd employsdoes your company, your location, plan to increase, decrease orhourly no change in If your company, at your location, quarter, make workers, how at your location, plan to increase, decrease or maketo Q1 2008? haveits number of full-time, permanent employees? their hours changed in Q1 2009 compared no change in its number of full-time, permanent employees? 12% 66% 66% 66% 1 Q2 2009 U.s. Job forecast 70% 80% 60% 5% 59% 73% 65% 59% Q3 25% Job forecast 2008 *Source: Bureau of Labor Statistics 2 60% 50% Northeast Hours were cut 40% 1 to 50 employees
  • 3. your location, plan to increase, decrease or make no change in its number of full-time, permanent employees? Hiring by region Hiring By Region - In the 2nd quarter, does your company, at your location, plan to increase, decrease or make no change in 66% 66% 66% The South continues to perform better than other 70% its number of full-time,59% permanent employees? regions in terms of hiring, seeing the benefits of growth 60% in healthcare and energy. Sixteen percent of hiring 50% Northeast 66% 66% 66% 70%40% 59% managers in the South plan to increase their full-time 16% 19% 14% Midwest 60%30% staff, compared to 14 percent in all other regions. The 50%20% 14% 14% 14% 12% 14% 9% 6% 7% 7% South Northeast Northeast, plagued by losses in banking and financial 40%10% jobs, is expecting the largest decrease in headcount 30% 0% 16% 19% 14% West Midwest among the regions. Nineteen percent of hiring 20% 14% 14% 14% Increase 12% 14% Decrease No Change 9% 6% Company 7% 7% South 10% Undecided managers expect to trim staffs compared to 14 percent 0% West in the Midwest and West and 12 percent in the South. Increase Decrease No Change Company Undecided Hiring By Company Size - In the 2nd quarter, does your company, at your location, plan to increase, decrease or make no change in its number of full-time, permanent employees? Hiring By Company Size - In the 2nd quarter, does your company, Hiring by company Size at your location, plan to increase, decrease or make no change 80% 73% 65% Sixteen percent of employers with more than 250 employees 59% in its number of full-time, permanent employees? 60% expect to add full-time, permanent positions in the next 1 to 50 employees 40% 73% 65% three months compared to 15 percent of those with 51 to 250 80% 15%16% 13% 20% 59% 9% 8% 20% 12% 51 to 250 employees employees and 12 percent of those with 1 to 50 employees. 60% 6% 6% 40% 0% 1 toMore than 50 employees 15%16% 13% 20% 250 employees e se ci ny ge as 20% 12% 9% 8% 51 to 250 employees ea de pa re an 6% d 6% de se ecr ci ny Un om c Ch In More than C D 0% an No 250 employees e ge as ea pa re d de Were there layoffs of full-time, permanent staff, at your cr Un m c Ch This quarter (1st quarter, Jan. 1 - Mar. 31, 2009), is your company, In Co De No de LayoFFS ter yourquarter, Jan. 1 - Mar.decreasingis your company, at (1st location, increasing, 31, 2009), or making no change Were there layoffs of Do you anticipate layoffs of at your location, in Q1 2009? full-time, permanent staff, full-time, permanent staff, at your location, in Q2 2009? location, in Q1 2009? Do you anticipate layoffs of full-time, location,Twenty-two of full-time, permanent employees? there were inincreasing,percent of hiring making no change its number decreasing or managers reported permanent staff, at your location, in Q2 2009? 75% 72% n its number of full-time, permanent employees? of 2009, up from layoffs at their locations in the first quarter 1% 80% 13% 11 percent this time last year. Twelve percent anticipate 75% 72% there will be layoffs in the next three months while 16 percent 80% 60% 1% 13% Increasing are unsure. Seventy-two percent expect no change. Q1 Decreasing 60% 40% 22% Increasing 16% Q2 60% 26% No change Q1 Looking at a subset of managers specializing in human 40% 20% 22% 12% 3% Decreasing resources, nearly half (48 percent) believe their organizations Company undecided 16% Q2 26% No change 12% will benefit from the economic stimulus in terms of getting 20% 0% 3% more business. Twenty-three percent said their companies Company undecided Yes No Not sure are planning to bring back workers who were laid off once 0% the economy turns around. Yes No Not sure n the second quarter (Apr. 1 - Jun. 30, 2009), does your company, compenSation at your location, plan to increase, decrease or make no change What do you expect the average change in salaries will be for in its number budgets arepermanent employees? Tightened of full-time, restricting pay increases full-time, permanent employees, at your location, in the 2nd ond quarter (Apr. 1 - Jun. 30, 2009), does your company, and, in quarter of 2009 compared to the 2nd quarter of 2008? ocation, plan to cases, resulting in payor make no Forty-two percent of some increase, decrease reductions. change 7% 14% What do you expect the average change in salaries will be for its number of full-time, permanent employees?full-time, permanent employers expect to increase salaries for full-time, permanent employees, at your location, in the 2nd 1-3% increase 29% employees in the second quarter, down from 70 percent this quarter of 2009 compared12%the 2nd quarter of 2008? 4-10% increase to Increasing time last year. Twenty-nine percent estimate the average 7% 14% 14% 11% increase or more 1% raise to range between 1 and 3 percent, 12 percent expect an Decreasing 1-3% increase 29% No change 46% 64% average raise of 4 to 10 percent while 1No change expect raises percent 4-10% increase 12% Increasing Decrease 7% to be 11 percent or more. Forty-six percent of employers 14% 11% increase or more Company undecided anticipate no change in compensation levels, 7 percent expect Decreasing Not sure 1% 5% No change 46% a decrease and 5 percent are unsure. No change 0% 10% 20% 30% 40% 50% Decrease 7% Company undecided Not sure 5% 0% 10% 20% 30% 40% 50% f your company, at your location, employs hourly workers, how 2 have their hours changed in Q1 2009 compared to Q1 2008?
  • 4. quarter of 2009 compared to the 2nd quarter of 2008? 7% 1-3% increase 29% 4-10% increase 12% 6% ng ing Six empLoyment trendS 11% increase or more 1% ge For empLoyerS and Job SeekerS No change Decrease 7% 46% y undecided Not sure 5% 20% 30% 0% 10% 20% 30% 40% 50% 1) trimming perks and benefits – Companies are taking interim measures to free up funds to weather the economic storm. Forty-two percent of employers reported they experienced a cut in perks and benefits at their organizations in Q1 2009; 31 percent expect there will be cuts in Q2 2009. The top three areas that will be impacted are ers, how bonuses, 401K matching and healthcare coverage, according to the survey. 2008? cut Have there been cuts in benefits or perks in Q1 2009 at your organization? increased d the same 25% 21% mploy 20% ers 15% 9% 8% 8% 10% 6% 5% 4% 4% 4% 4% 5% pany, at 0% s e ts ts ps g t s ns ge hange in rk en tim se in efi en tri io pe ra ch em nu en im pt n ve ive ? at gy tio Bo ko rs nd sb co m nt lo ca bu Wou co oc es ce no 1K al Va im St ln ic a, -in ch 40 re el ed te Sub ee Te W ic M e, oy em ffe pl ad Co Em Ac Northeast Midwest South Do you anticipate that there will be cuts in benefits or perks at West your organization in Q2 2009? 16% 16% 6 14% 12% 10% 8% 6% 5% 5% 5% 6% 4% 4% mpany, 3% 3% 3% 4% hange 2% 0% s e ts ts ps g t es ns e rk en tim in ag efi en tri s tio pe ch em nu er en im n e op at gy tio ov Bo iv rs nd sb m nt k lo ca bu lc co oc es ce no 1K ca Va im yees St ln a, in ch 40 re i el ed te e- Te W ic e M e, oy em ployees ffe pl ad Co Em Ac es 3 Q2 2009 U.s. Job forecast
  • 5. Were there layoffs of full-time, permanent staff, at your pace, toYes replace lower-performing employees with new talent? ocation, in Q1 2009? Do you anticipate layoffs of full-time, Q1 No permanent staff, at your location, in Q2 2009? 23% Are you using Yes time, when employers are slowing their hiring this 16% Q2 ere there layoffs of full-time, permanent staff, at your % 75% 72% 77% pace, to replace lower-performing employees with new talent? Q1 %tion, in Q1 2009? Do you anticipate layoffs of full-time, No 2) Upgrading talent rosters – Twenty-three percent of permanent staff, at your location, in Q2 2009? 23% 16% Q2 %t sure employers said they are taking this time, when hiring Yes % 77% has slowed, to72% 75% replace lower-performing employees Q1 No % 22%with top talent that may not have been available in sure a healthier economy. Job seekers who stand to Q2 12% 16% Yes % How much longer 3% do you estimate you have to work to recoup77% savings? benefit the most include those operating in sales, lost Q1 No 22% accounting/finance, retail andworkers over age 60 who are putting off retirement, Q1 2009 survey Subset of customer service. % n salaries will be for 16% Q2 12% location, Yes 2nd in the No How muchNot suredo11% estimate you have to work to recoup lost savings? 3% longer you 24% 77% years 1-2 quarter of 2008? 3% Subset of workers over age 60 who are putting off retirement, Q1 2009 survey 7% 3-4 years n salaries will be for 29%Yes 11% ocation, in the 2nd No Not sure 5-6 years 1-2 years How much longer do you estimate you have to work to recoup lost savings? 3% 24% quarter of 2008? 6% 7-8 years 7% Subset of workers over age 60 who are putting off retirement, Q1 2009 survey 3-4 years What do you expect the average change in salaries will be for 29% 9-10 years 11% 5-6 years full-time, permanent employees, at your location, in the 2nd 46% 3) postponing retirement6%Six-in-ten workers (60 percent) How much longer do you estimate you have to work 24% – to recoup lost savings? 1-2 years quarterover thecomparedsaid, in2nd quarter of 2008? are of 2009 age of 60 to the another survey, they 3% More than 7-8 years age 60 who are putting off retirement, Q1 2009 survey Subset of workers over 7% 10 years 3-4 years at do you expect theoff retirement duein salaries will be for putting average change to the impact of the U.S. 9-10 years 1-3% increase 46% 20% 29% I will never be 11% 5-6 years -time, permanent employees,their long-term savings. 2nd majority financial crisis on at your location, in the The 30% able to retire 1-2 years 0% 24% quarter40%2009 compared to12% themquarter ofyears to recoup lost 4-10% increase 50% it will take 2nd up to six 2008? of anticipate the 6%3% More than 7-8 years 7% 10 years 3-4 years 1% increase or more savings1%while one-in-ten fear they may never be able -3% increase 29% 20% I will never be 9-10 years to retire. No change 46% 30% 5-6 years 0% 40% 50% able to retire 10% increase 12% 6% More than Decrease 7% 7-8 years 10 years crease or more Not sure 1% 5% Are you looking for work outside of your profession? be 9-10 years No change 46% 20% 30% I will never Subset of workers who were laid off in the last 12 months whoretire able to 0% 10% 20% 30% 40% 50% More than Decrease 7% have not found a job 10 years Not sure 5% 20%29% you looking for work outside of your will never be Are 30% I profession? 0% 10% 20% 30% 40% 50% Subset of workers who were laid off in44% last 12 months who the able to retire have not found a job or perks in Q1 2009 at your organization? Yes, I'm looking 4) transferring skills – Seventy-one percent of workers who for a change looking for w Are you 29% 44% were laid off and haven’t found work said they are looking Yes, Subset of workers who w there are or perks in Q1 2009 at your organization? profession either because for jobs outside of their chosen no available have Yes, I'm looking jobs in my field they’re ready for a change or there are no available jobs Are you looking for work for a change in their field. Hiring managers are amenable with 69 percent No 29% Subset of workers who were la Yes, there are stating they would hire someone who didn’t have experience have not f Have thereprofession,in benefits or perks in Q1 2009 at your organization? 27% no available 6% in their been cuts but had transferable skills. jobs in my field 5% 4% 4% 4% 4% 29% No 25% Have there been cuts in benefits or perks in Q1 2009 at your organization? 21% 27% 6% 20% ks e s ps t ns 5% en fit tim 4% 4% 4% 4% er tio ne em yp n op be io rs og 25% 15% 21% at ck bu ss Would you consider moving to a new city or state to find employment? l ac no to ne 9% ns im en V 8% 8% Ac fits S ps ch 27% ks ll io re er We 20% 10% 6% Subset of workers who were laid off in the last 12 months who have not found a job pt ic 5% e k o em 4% 4% 4% 4% t tim oc ad e em 15% 5% yp en 5) relocating – Thirty-nine percent of workers who were n io rs sb og at 9% bu laid off and haven’t found work said they would consider Would you consider moving to a new city or state to find employment? ol es ac 8% 8% 27% 10% 0% im hn St ln g V 6% e re Subset of workers who were laid off in the last 12 months 39% have not found a job el 5% relocating to another city or state for a job. Employers are 4% 4% 4% 4% who W s e s agic ts ps t s ns rk en fit tim se in er m en tri 5% tio pe ne open to recruiting candidates from other cities with ch m ov e nu e will be cuts in benefits or perks at m n ge l ccad e op se be at gy tio di Bo ps ntiv en bur m Yes on 28 percent of hiring managers stating they would pay to re adetion ock lo tim ca ss ve dica A nization in Q2 2009? 0% Would you consider moving to a ce no Cotchi 1K Emime a, c en llne Va em eim St ive -in gy ech 40 relocate a good job candidate. No nd , te s b We Subset of workers who were laid off r s e ts oy s ee e ffe ng t s ms 39% rk ic pl nt T se M efi e tri pe ra nu n Ac op tio Bo a rs 61% co will be cuts in benefits or perks at m nt k lo ca bu Would you considerYes moving to a new co oc es ce no 1K al Va im St ln ic a, -in ization in Q2 2009? ch 40 el ed te Subset of workers who were laid off in the ee Te W ic M e, oy No em ffe pl ad Co Em Ac 5% Do you anticipate that there will be cuts in benefits or perks at 61% 4% 4% 3% 3% organization in Q2 2009? your 3% 16% Are you going back to school this year to make yourself 4 16% Do you anticipate that there will be cuts in benefits or perks at more marketable? 61% 5% 14% your organization in Q2 2009? s e s s nt ns rk fit m ip
  • 6. 5% 4% 4% 3% 3% 3% Are you going back to school this year to make yourself more marketable? ks e s s t ns en fit tim ip er 21% io ne em yp pt n be tio ko rs g lo ca bu ss oc 6) Going back to the classroom – Twenty-one percent of all no e Va im St ln ch re el workers surveyed are going back to school for formal degrees, W ic m certifications and refresher courses to make themselves more a de Yes Ac marketable to employers. No 79% Totals may not equal 100 percent due to rounding. SUrvey metHodoLogy this survey was conducted online within the U.S. by Harris Interactive® on behalf of CareerBuilder and USA TODAY among 2,543 hiring managers and human resource professionals (employed full-time; not self-employed; with at least significant involvement in hiring decisions; non government); and 4,435 U.S. employees (employed full-time; not self-employed; non government); and 361 respondents who have been laid off in the past 12 months from a full time position and not found work. All respondents were ages 18 and over and surveyed between February 20 and March 11, 2009 (percentages for some questions are based on a subset of U.S. employers or employees, based on their responses to certain questions). With a pure probability sample of 2,543, 4,435, and 361, one could say with a 95 percent probability that the overall results have a sampling error of +/- 1.94 percentage points, +/- 1.47 percentage points, and +/- 5.16 percentage points, respectively. Sampling error for data from sub-samples is higher and varies. aboUt careerbUiLder careerbuilder is the global leader in human capital solutions, helping companies target and attract their most important asset – their people. Its online career site, CareerBuilder.com, is the largest in the U.S. with more than 23 million unique visitors, 1 million jobs and 31 million resumes. CareerBuilder works with the world’s top employers, providing resources for everything from employment branding and data analysis to talent acquisition. More than 9,000 Web sites, including 140 newspapers and broadband portals such as MSN, feature CareerBuilder’s proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company, The McClatchy Company (NYSE:MNI) and Microsoft Corp. (Nasdaq: MSFT), CareerBuilder and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more inFormation, viSit www.careerbUiLder.com. media contact Jennifer Grasz - Senior Director, Corporate Communications 773-527-1164 Jennifer.Grasz@careerbuilder.com 5

×