More Likely to Find a Job This Fall
If you’re in hot pursuit of your perfect job, but still having trouble finding something this summer, our studies show that you may have a better chance this coming fall. We just released a new survey on job recruitment and job changing trends and here’s what we found:
.
HIRING HIGHLIGHTS
"As economic growth shows signs of moderating, job creation levels in the US have dipped in recent months. While some employers are proceeding with caution in terms of
recruitment plans, others are expecting an uptick in hiring in the fall,” said
Matt Ferguson, CEO of CareerBuilder.com. “One-third of hiring managers say they are
allocating more money to their recruitment budgets in the second half of the year,
compared to the first half. Forty-seven percent of hiring managers expect to add
headcount in the third quarter, while 13 percent plan to eliminate staff.”
.
Amount of Employees Being Hired
While half of hiring managers plan to hire less than 10 new employees, three-in-ten
expect to add more than 20 and one-in-five expect to add more than 50.
.
Hiring Cycle
Hiring managers continue to struggle with finding qualified candidates. Twenty-two
percent of hiring managers say it takes them one to two months to fill an open position,
while 11 percent spend two to three months. One-in-ten hiring managers surveyed say
their hiring cycles run three months or longer.
.
Most Popular Positions for Recruitment
The leading areas for job requisitions in the upcoming quarter include healthcare, sales,
customer service, information technology, retail and accounting/finance. In terms of job
level, recruiting for professional and technical workers is poised to remain strong.
Thirty-four percent of hiring managers say they plan to add professional and technical
staff members during the third quarter. Fifteen percent expect to recruit employees for
manager, director and senior executive level positions, up from 12 percent last quarter.
Sixteen percent plan to recruit for administrative and clerical employees, down from 19
percent last quarter.
.
Most Popular Resources Used to Recruit
Hiring managers are employing a variety of tools to find qualified candidates, with online
resources ranking most popular. Twenty-eight percent of hiring managers surveyed said
they use online resources most often to find qualified candidates, compared to 23 percent
who use newspaper classifieds, 19 percent who rely on employee referrals and 10 percent
who use professional recruiters.
.
JOB CHANGES
Plans to Change Jobs in Q3 2006
Close to one-in-five workers plan to take advantage of the tightening labor market and
change jobs in the next six months. One-in-ten plan to do so in the third quarter.
The current labor conditions are driving up the number of workers who are passively
looking for a new job. Fifty-seven percent of workers report they are not actively
searching for a new position, but would be open to a new job if they came across the right
opportunity.
.
Survey Methodology
The survey, "Q3 2006 Job Forecast," (download pdf) was conducted from June 6 to June 16, 2006. Methodology used to collect survey responses totaling more than 2,200 workers for this
study involved selecting a random sample of comScore Networks panel members. These
Web Panel members were approached via an e-mail invitation, which asked them to
participate in a short online survey. The results of this survey are statistically accurate to
within +/- 2.08 percentage points (19 times out of 20). Note: this sample included more
than 1000 hiring managers. The results for the hiring managers are statistically accurate
to within +/- 3.65 percentage points (19 times out of 20).
By: Candace Corner CareerBuilder.com