Tag Archives: employment

July 01, 2016

Industry Highlight: Manufacturing

Between 2000 and 2010, almost 6 million factory workers lost their jobs nationwide. Across the country, the manufacturing industry shed jobs due to outsourcing work due to lower wages found abroad and new machines that outpaced workers. In this time period, the country lost 5.7 million jobs, more than a third of the manufacturing workforce. However, recently, manufacturing employment is starting to increase again,...




February 01, 2016

Employment Projections Through 2024

The Bureau of Labor Statistics (BLS) recently published its biannual Occupational Outlook Handbook, which ranks occupations by salary, required education, and expected job growth between 2014 and 2024. In 2024, there will be an increase in the proportion of the population in older age groups as more people enter retirement age. This will cause the labor force participation rate to decrease and for labor force growth...




January 01, 2016

Industry Highlight: Wind Energy

The wind energy industry is expected to be one of the fastest growing industries in 2016. The sector is bringing jobs, economic investment, and clean energy generation in states all across the country. These careers extend beyond wind farms, and also include workers in factories and offices to build and operate turbines. In 2013, more than 830,000 people were employed in the wind energy industry and related fields....




November 01, 2015

Industry Highlight: Biotech Index

This month, we are continuing our analysis of employment trends in the pharmaceutical and biotechnology industries. While last month delved deep into the workforce trends of big pharma, this month’s focus is on the biotech industry. Biotechnology is the applied knowledge of biology with the goal to duplicate or change the function of a living cell so that it will work in a more predictable and controllable way....




August 01, 2015

The Best Workplaces

Just recently Fortune’s ranking of the 100 Best Companies to Work For was released. The authors noticed three major trends among the thousands of employee comments and survey results: 1) the best workplaces from previous years remained on top and improved; 2) Each of the best companies had leaders who genuinely listened to their workforce; and 3) the best employers focused on workplace culture as a competitive...




August 01, 2015

The Fastest Growing Temp Jobs This Year

Temporary jobs used to be considered a stepping stone for employees looking to rejoin the full-time permanent workforce after a career interruption. But even after the economy has recovered, temp employment continues to grow, and is a trend that’s likely to continue over the next several years. As the economy began to recover, temporary positions were among the first to see growth, increasing 15 percent between...




August 01, 2015

Connect. Collaborate. Create

Over the past few years, talent management strategies have evolved, with the focus switching from talent as an audience to talent as a community. Strategic HR organizations are realizing that a single source of talent is not enough, especially with the increasingly competitive global war for talent. Similarly, utilizing only the traditional means of finding talent or waiting for candidates to approach the company is...




August 01, 2015

Industry Highlight: Trade, Transportation, and Utilities Index

The trade, transportation, and utilities industry is a super-sector that consists of four main sectors: wholesale trade, retail trade, transportation and warehousing, and utilities. According to the most recent labor report by the Bureau of Labor Services (BLS), employment in retail trade increased by 33,000 jobs in June 2015, with an overall rise of 300,000 over the year. Wholesale trade showed little or no change...




August 01, 2015

The 15 Best Cities To Find a Job

A new study by Glassdoor ranked America’s 50 largest cities to determine the top cities for workers who are looking for jobs. The formula used weighed each city’s housing affordability, employees’ rating of job satisfaction, and the ease of obtaining a job using the ratio of openings to population. The top rated metropolitan area for a job was Raleigh, North Carolina, due in large part to the...




August 01, 2015

The World is Missing Out on Wages

It’s no secret that the global financial crisis of 2008-2010 had a significant impact on jobs. Employment growth has stalled at a rate of approximately 1.4 percent per year since 2011, well below the 1.7 percent annual rate between 2000 and 2007. According to the International Labour Organization (ILO), the slower employer growth since 2011 means that there are 61 million fewer jobs in 2014 than there would...




August 01, 2015

Vietnam’s Growth Forecast to Continue

In the first half of 2015, Vietnam’s economy grew by 6.28 percent, its fastest rate since 2008. Economists attribute the higher GDP to recent efforts by the central government and cities in revenue and tax collection. The country has been considered a success story, where political and economic reforms launched in 1986 have helped to transform Vietnam from one of the poorest countries in the world with per...




June 01, 2015

Industry Highlight: Oil and Gas Index

In 2014, the price of oil crashed and economists expected this would give the economy a boost. However, the oil price drop was followed not by a boom but rather a slowdown – recent figures revealed that growth in the first quarter of 2015 was only 0.2 percent. Currently, the price of oil is down more than 40 percent since June of 2014. Employment at U.S. energy companies has dropped by 6,800 jobs so far this...




June 01, 2015

Employment Prospects for 2015 Grads

June is traditionally the month of graduations. Over the past few years, new college grads have been worried about finding employment of any kind, let alone in their chosen fields of study. But recently, unemployment has been falling for graduates.  According to a survey by the National Association of Colleges and Employers (NACE), employers are planning to hire 9.6 percent more graduates in the United States...




June 01, 2015

DCR National Temp Wage Index - June 2015

The Bureau of Labor Statistics (BLS) reported that the U.S. economy added 223,000 jobs in April 2015, bring the unemployment rate down to 5.4 percent from 5.5 percent in the prior month, its lowest mark since May 2008. Year-over-year, the unemployment rate is down by 0.8 percentage points. Source: BLS Major gains came from professional and business services with 62,000 jobs added, and healthcare and construction with...




May 01, 2015

Wage Growth Across The U.S.

While overall job growth is on a upward trend, economists question how variations in this growth among and within industry segments impacts wage growth. Over the majority of the past two years, job growth in the United States has averaged over 200,000 new jobs per month. However, during the same period, hourly wages grew much slower at only about 4 percent in total. And this wage growth rate was exactly the same as...




May 01, 2015

Industry Highlight: Automobile Manufacturing Index

Due to strong domestic demand and a steady increase in exports, United States auto production is nearing an all-time high. According to WardsAuto.com, American automakers built 11.37 million light vehicles in 2014, among the higher output totals since the record of 12.59 million produced in 1999. Exports of American-made vehicles was over 2 million for the first time last year. However, this growth in automobile...




May 01, 2015

DCR National Temp Wage Index - May 2015

The United States economy added only 126,000 jobs in March 2015, the lowest since December 2013, and way below the 250,000 new jobs economists were forecasting. Among the jobs created, health care, business services, and the retail sector had the highest contributions. Professional and business services had the largest gains with 40,000 jobs added; the industry on average has seen 34,000 jobs added each month in the...




May 01, 2015

U.S. Economy: Disappointing?

Recently, the Bloomberg Economic Surprise Index ranked the U.S. economy as the most disapointing major economy in the world. The index which measures incoming economic data against economic expectations says that U.S. economic data has consistently been falling short of expert’s predictions in the last six years. Corroborating this statement is Citigroup’s U.S. Economic Surprise Index, whose scoreboard...




April 01, 2015

Full Employment: Jobs vs. Inflation

Over the past few weeks, there has been much discussion among economists, analysts, and labor experts if the U.S. economy is on its way to full employment. But what exactly is full employment? Full employment does not mean that everyone has a job; rather it means that unemployment has fallen to the lowest possible level without provoking inflation. If unemployment falls too much, inflation will rise because employers...




April 01, 2015

The Philippines – Poised for Growth Through BPO

With a population of about 100 million people, the Philippines is the seventh most-populated country in Asia, and the 12 th most populated country in the world. The Philippines is an archipelago consisting of 7,107 islands, and is one of the ten most biologically diverse countries in the world. The Philippine economy is the 39 th largest in the world, with an estimated 2014 gross domestic product (nominal) of...




April 01, 2015

Industry Highlight: Technology Index

Glassdoor, a career-focused website, recently released its report on the best jobs in the country for 2015. On this list of 25 jobs, 10 were in the technology sector. Through more than two decades, employment in technology has grown rapidly. The United States Bureau of Labor Services (BLS) expects that employment in the industry will grow at a rate of 6.1 percent between 2010 and 2022, compared to 2.9 percent for all...




April 01, 2015

DCR National Temp Wage Index - April 2015

The most recent report from the U.S. Bureau of Labor Statistics (BLS) shows that the economy gained 295,000 jobs in February 2015, while the unemployment rate declined 0.2 points to 5.5 percent, the lowest in six and a half years. The biggest employment gains were found in food services and drinking establishments  with 59,000 jobs added, followed by professional and business services with 51,000 new jobs, and...




April 01, 2015

The Happiest Industries

Does the industry you work in have any impact on the happiness of its workforce? Research conducted by TINYpulse in its 2015 Best Industry Ranking Report provides some interesting insights into the happiest industries in the United States. The report found that there are two major factors that drive workplace happiness. The first is satisfaction with peers and colleagues; and the second is satisfaction with the...




April 01, 2015

The World’s Most Worker-Friendly Countries

There have been countless research studies on which countries offer the best working conditions for their workforces, ranging in focus from unemployment rates, vacation policies, minimum wage, and more. To make the comparison easier, we rank 34 relatively rich and developed countries from the Organization for Economic Cooperation and Development (OECD) for each individual working condition. National unemployment rate...




March 01, 2015

Singapore: A Glance at the Talent Market

Singapore is a well-established financial hub for Asia, offering robust economic and financial opportunities in a socio-politically stable environment. The country’s high living standards, quality of life, and environment are often ranked among the most attractive for foreign-skilled professionals. Additionally, the government has taken action in recent years to establish Singapore as a global financial center,...




March 01, 2015

What’s Trending with Wages?

During the Great Recession, American workers were among the hardest hit as unemployment rates grew higher and average pay rates fell. Now, with the economy showing four consecutive years of growth and unemployment at a six-year low, one would expect wages to also recover. However, recent data from the Bureau of Labor Statistics (BLS) shows that the average hourly wages grew by about 2.2 percent in the past year. When...




March 01, 2015

DCR National Temp Wage Index - March 2015

The latest figures from the U.S. Bureau of Labor Statistics (BLS) signaled that the economy is finally regaining strength, with accelerated hiring, increased wages, and people who had dropped out from the workforce restarting their job hunts.  In January 2015, employers added 257,000 new jobs, surpassing economists’ estimates of 228,000 jobs. The biggest job gains came from the retail and construction...




March 01, 2015

Industry Highlight: Financial Activities Index

The financial activities industry saw an increase in employment with 26,000 jobs gained in January 2015, according to the latest job numbers from the U.S. Bureau of Labor Statistics (BLS). The biggest sub-sector gain was in insurance carriers and related activities with 14,000 jobs added. Securities, commodity contracts, and investments contributed 5,000 jobs to the gain. Over the past 12 months, the financial...




March 01, 2015

The Most Common Jobs in the Country

Have you ever held one of the most or least common jobs in the United States? If you are a retail salesperson, a registered nurse, or a mathematical technician, the answer is yes. The Occupational Employment Statistics program under the Bureau of Labor Statistics (BLS) gathers employment and wage estimates by geography and across industrial sectors for more than 800 occupations. According to their data, the ten...




January 01, 2015

Employment Trends for 2015 and Beyond

Last month, DCR TrendLine concluded the year by providing a recap of the trends in employment over the course of 2014. As we gear up to begin 2015, we highlight our predictions of employment and workplace trends for the upcoming year. Generation Z, born between 1994 and 2010, is becoming a major target for companies looking for interns. The oldest Gen Z’s will be seniors in college in 2015. Companies such as...




January 01, 2015

Top IT Trends for 2015

Information technology (IT) workers are always in high demand by organizations in a wide range of industries. On a year-over-year basis, IT employment has grown by 2.88 percent since May 2013, adding 130,100 workers. As companies continue to increase their reliance on technology solutions, industry experts expect that IT hiring will increase in the upcoming year. Employment and output in the industry are projected to...




December 01, 2014

Industry Highlight: Aerospace Index

The United States represents the largest aerospace market in the world, followed by France, U.K., Germany, and Canada. In 2012, the U.S. aerospace industry contributed $118.5 billion in export sales to the American economy. The American economy dominates in commercial aircraft manufacturing, with exports of civil aircrafts, engines, avionics, and related components representing 88 percent of all aerospace exports....




December 01, 2014

A Look at Some of the Best Cities for Work-Life Balance

Recent research indicates that a positive work-life balance is not solely dependent on the job title or job function. It turns out that where an individual lives can have an impact on work-life balance. Finance site NerdWallet ranked 536 cities based on four main factors – the mean hours worked per week by an average worker, daily commute time, median earnings for full-time year-round workers, and median rent....




December 01, 2014

DCR National Temp Wage Index – December 2014

In October 2014, the United States economy added 214,000 jobs and the unemployment rate fell to 5.8 percent, according to the latest figures from the Bureau of Labor Statistics (BLS). Since the start of the year, employers have added more than 220,000 workers on average each month. The workforce participation rate remained unchained from a year ago at 62.8 percent. The biggest gains were in leisure and hospitality...




December 01, 2014

Whose Labor Market Is It?

In late 2011, the power and leverage in recruiting was considered to be an even split between candidate and employer. However, over the past months, recruiters have observed significant changes in hiring practices, including a shift towards a candidate-driven market. Source: MRINetworks New data from the MRINetwork Recruiter Sentiment Study reveals that highly skilled candidates drive the talent market. Experts...




November 01, 2014

DCR National Temp Wage Index – November 2014

In September 2014, according to the U.S. Bureau of Labor Statistics (BLS) the U.S. economy added 19,700 temporary help services jobs, and the number of temporary help services jobs in August 2014 was revised upward by 17,600. The unemployment rate dropped to 5.9 percent, while payrolls exceeded expectations with 248,000 jobs added. Professional and business services added 81,000 jobs. Outside of employment services,...




November 01, 2014

Regional Staffing Highlights

Every six weeks, the Federal Reserve Board releases a report describing the current economic condition for each of the Federal Reserve Districts. According to the most recent release of the Federal Reserve’s Beige Book report, conditions for staffing services are generally positive across all districts. Nearly all the districts reported difficulties in finding certain types of skilled labor and little change in...




October 01, 2014

Industry Highlight: Sports-Related Employment Index

It’s football season! Actually, October and the fall season is generally considered the time for a wide variety of sports in the United States, including football, basketball, hockey, baseball and more. According to Bleacher Report, October is the most exciting month for sports fans since the baseball playoffs are in full swing, the NHL and NBA officially start, college basketball begins, and college football...




October 01, 2014

The Progression of the “Employee”

Over the past decade, the definition and image of employees has changed. With the influence of social media, mobile apps, and constant connectivity, technology is seamlessly woven into workers’ everyday reality, blurring the distinction between traditional hours of work, school, and personal life. And employers have shifted their view of workforces as well - workers were once considered disposable cogs and now...




October 01, 2014

Temp Employment at an All-Time High

According to the National Employment Law Project (NELP), an all-time high of 2.8 million Americans are working in temporary help jobs. The report states that temporary jobs make up 2 percent of total employment in the United States. Additionally, 75 percent of Fortune 500 companies are using temporary workers, especially in their warehouses. Additionally, the American Staffing Association (ASA) shows figures stating...




October 01, 2014

9 Sports Related Jobs with High Growth

When discussing sports-related employment, the focus is often on the quarterbacks and coaches or even the sideline commentators; however, sports-related jobs span a wide range of occupations, and some of them are growing rapidly. Since 2010, jobs across all sports-related industries are up 12.6 percent, more than double the growth in the national job market. Average wages in these occupations also surpasses the...




September 01, 2014

Workplace Flexibility

Recently, a topic that’s been trending in the workforce is workplace flexibility. Various forms of workplace flexibility are being explored in research studies, public policy changes, and broad business strategies. The Sloan Center on Aging and Working at Boston College provides a commonly-accepted definition for workplace flexibility: “Flexibility is about an employee and an employer making changes to...




September 01, 2014

Industry Highlight: Education Services Index

The education services industry is made up of establishments that provide instruction and training on a wide variety of subjects. These institutions, which include schools, colleges, universities, and training centers, may be either privately or publicly owned. The industry is generally considered to be counter-cyclical – that is, when the economy is weak and unemployment is rising, more working adults decide...




September 01, 2014

DCR National Temp Wage Index - September 2014

Projected hourly wages for temp workers continue to trend upwards. According to the latest figures released by the U.S. Bureau of Labor Statistics (BLS), compensation costs for civilian workers increased 0.7 percent for the 3-month period ending June 2014. Compensation for private industry workers increased 2.0 percent over the year. Wages and salaries increased 1.9 percent for the current 12-month period ending June...




September 01, 2014

Engaging and Managing Gen Z Workers

Last month we wrote about the demographics and motivations of the newest generation of workers entering the market - Generation Z. Generation Z refers to those people born after 1990, of whom the oldest have already graduated from high school and college. The 15-to-24-year-old members of Gen Z represent almost 7 percent of the American workforce for a total of 11 million workers. Experts project that this number will...




September 01, 2014

Global Labor Shortage

Recently The Boston Consulting Group published a study on projected workforce supply and demand in 25 major economies through 2030. Currently, these countries account for 65 percent of the world’s population and more than 80 percent of total world GDP. The study revealed that between 2020 and 2030 there will be a global labor shortage. Of the four BRICS countries (Brazil, India, Russia, China, and South...




September 01, 2014

Top 7 Metro Cities for Contingent Workers

The temporary help services industry suffered greatly during the recession, losing almost 750,000 jobs from 2007 to 2009. However, staffing agencies have recovered over the past few years. Temp employment passed its pre-recession peak in 2013, and is expected to encompass over 3 million jobs by 2017. Source: CareerBuilder & EMSI In some of the country’s largest metropolitan areas, the revival of the temp...




August 01, 2014

Industry Highlight: Financial Services Index

The financial services sector added 17,000 jobs in June 2014, according to the latest figures from the Bureau of Labor Statistics (BLS). Of these new jobs, 9,000 were in insurance carriers and related activities. Over the past twelve months, the industry has added an average of 5,000 jobs per month.   Among occupational job titles, the highest employment is seen for Information and Record Clerks with 885,390...




August 01, 2014

MBA Job Prospects

A global survey of corporate recruiters by the Graduate Management Admission Council (GMAC) revealed that more employers plan to hire MBAs and other business school graduates this year. Approximately 80 percent of employers plan to hire MBAs in 2014, up from 73 percent in 2013 and 50 percent in 2009. Source: GMAC   Companies based in the Asia-Pacific region are shifting their focus toward expansion, and are...




August 01, 2014

DCR National Temp Wage Index – August 2014

In June 2014, employment in professional and business services rose by 67,000, averaging 53,000 new jobs per month over the past 12 months. Management and technical consulting services had an increase of 8,000 jobs, while architectural and engineering services as well as computer systems design and related services increased by 7,000 jobs each. Employment continues to trend upwards for temporary help services....




July 01, 2014

Temps No Longer Temporary

Contract workers account for over 2.3 percent of U.S. employment, according to Bureau of Labor Statistics (BLS) reports. Research from online job site CareerBuilder.com shows that 42 percent of employers intend to hire temporary or contract workers as part of their 2014 staffing strategy. Economic data also confirms that temporary workers are becoming a significant part of the American workforce. In March 2014,...




June 01, 2014

Industry Highlight: Manufacturing Index

In April 2014, manufacturing employment increased by 12,000 jobs. According to a national employment survey by SHRM, 57 percent of manufacturing companies planned to hire in May 2014, while only 4.1 percent planned to reduce their workforces. A net 4.5 percent of manufacturing respondents said they increased new-hire compensation in April 2014.  The Southern United States has historically s been an industry bed...




May 01, 2014

DCR National Temp Wage Index - May 2014

According to the latest employment figures from the U.S. Bureau of Labor Standards (BLS), the economy created 192,000 jobs in March 2014 with the unemployment rate staying flat at 6.7 percent. Most new positions were in lower-paying areas such as leisure and hospitality, support activities in healthcare, and retail. Also, the construction industry added 19,000 employees while the manufacturing sector lost 1,000 jobs....




February 01, 2014

2014 – Services Sector Employment

Service-providing industries added 170,000 jobs in December, while total U.S. non-farm private employment added 238,000 in the same period. This growth is attributed primarily to either small businesses or very large businesses. Professional and business services continued to be the largest contributor to employment in the service-providing sector. Every sector has seen an increase in wages year-over-year from 2012...




December 01, 2013

A Look Back at 2013: Sector By Sector

In 2013 certain sectors of the American economy have seen substantial growth in employment, whereas others have actually reduced their workforces. Mining and Logging and Professional and Business Services hold the top spot for employment growth by percentage in 2013 from 2012, while Nondurable Goods and Government have decreased their number of employees. To study the employment changes in the past year in greater...




November 01, 2013

In Lieu of the Jobs Report…

Like many other analysts and researchers, the staff of TrendLine relies heavily on the monthly economic data from the Bureau of Labor Statistics (BLS) to derive our forecasts for contingent worker supply and demand. Due to the government shutdown, the Labor Department did not release its September employment report. With the government now reopen, it is still unclear when and whether the Labor Department will release...




June 01, 2013

Midwest Businesses Optimistic about Hiring in 2013

According to a survey conducted by a recruiting agency based in Wisconsin, hiring in the Midwest is expected to improve in the next three months. The survey was administered to 320 manufacturers, banks, printers, distributers and information technology firms based in the Midwestern United States.  According to the Quarterly Census on Wages and Employment report of the Bureau of Labor Statistics,, Wisconsin was...




December 01, 2012

Online Job Portals: Traffic Trends

Private employment added 128,000 jobs in September of 2012 and 184,000 in October 2012.  Small companies with 50 or fewer employees added more than four times the amount of workers as large companies with 500 or more workers.  Overall, the manufacturing sectors has begun to grow, but the services sector is still expected to remain strong as its impact from weaker exports is lesser. ...




October 01, 2012

As Temporary Employment Rises, so Does Staffing Stock

Temporary employment has increased by 9,300 in September, whereas the permanent workforce has declined by 536,000. The incremental change in temporary workforce is not only due to the increase in demand, but also the skepticism of businesses towards permanent hiring because of the long-term commitment involve. Supplementing this is that most executives are optimistic towards adding new permanent jobs in the future,...



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