Whether you are a recruiter, job seeker, manager or entry-level employee, keeping up with the latest trends in the staffing industry is essential to professional growth. Staying on top of the industry can feel like a full-time job in itself.
Wondering what’s up in the staffing industry? Here are the headlines for May 2016:
1. Employers hiring new college grads
The hiring outlook for 2016 grads is the brightest it’s been since 2007, according to a CareerBuilder survey
released in April. In fact, 67 percent of employers plan to hire new graduates, 37 percent will offer them higher starting salaries than in previous years and 28 percent plan on paying new grads at least $50,000 a year.
But new employees will need to prove themselves once they are hired. The survey also found 24 percent of employers “don’t feel academic institutions are adequately preparing students for roles needed within their organizations,” writes CareerBuilder’s Mary Lorenz. What’s missing? Almost half of respondents say there is too much “book learning” as opposed to “real-world learning” in college. And 39 percent say they need employees with the right mix of technical and liberal arts skills.
2. Logistics professionals overwhelmingly satisfied
DC Velocity’s 13th Annual Salary Survey
yielded plenty of good news for those working in logistics and supply chain careers. According to the survey, logistics professionals earn average salaries of $119,000 a year. In fact, logistics is one of the few fields where those without college degrees can consistently command salaries near six figures. Logisticians with bachelor’s and master’s degrees earn significantly more, especially if they work in the medical logistics field where professionals earn average salaries of $183,653 annually.
And it’s not all about the money for logistics pros. The survey also found that 96 percent of those in this field are satisfied with their careers and 93 percent would recommend the career to a younger person. Respondents find their work challenging, intellectually stimulating and appreciate the autonomy their jobs provide.
3. Four in five states adding jobs
According to the Economic Policy Institute
, between December 2015 and March 2016, unemployment rates decreased in 30 states and Washington, D.C. Some states saw significant declines in their unemployment rolls, including Tennessee (1.1 percent), Oregon (one percent) and Arkansas (0.7 percent).
In addition, 40 states and Washington, D.C. saw job gains. The western U.S. showed the greatest increases with Hawaii adding 1.7 percent more jobs, Nevada, 1.2 percent and Oregon and Washington tied with 1.1 percent.
There’s still a long way to go, however. The report notes that 25 states and the District of Columbia still have higher unemployment rates than they did prior to the recession.
4. Employee confidence rising
According to Glassdoor’s Q1 2016 Employment Confidence Survey
, more than 50 percent of Americans believe that if they were to suddenly become unemployed, they would find a comparable job within six months. Glassdoor notes that employees have not been this confident in the job market since 2009, when the survey was first conducted.
The survey also showed that Americans have become less concerned about layoffs. Today, only 14 percent worry they might be laid off, compared with 26 percent in 2009. Additionally almost half of American workers predict they will receive a pay raise or standard-of-living increase within the next 12 months.
5. Wearable computer market changing the face of warehouse distribution
You’ve most likely heard of the popularity of today’s wearable devices. Watches that text, email and track your fitness. Headphones that improve your sleep. Even clothing that records biometric data.
Wearable devices are also impacting the way many in the warehouse and distribution industry are doing their jobs. For example, says Ben Ames writing for DC Velocity
, devices such as smart glasses, finger trigger gloves, belt-mounted scanners and Wi-Fi and location detecting voice control headsets “can help warehouse workers boost their efficiency by 10 to 20 percent” simply by freeing up their hands and giving them a direct link to the next set of instructions and tasks.
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