Archive for July, 2013

Jacksonville finance jobs on the rise

Friday, July 26th, 2013

A new study is looking at Jacksonville finance jobs and positing that they are on the rise.

In CareerBuilder and MoneyJobs.com’s latest national survey, financial services employers indicated that full-time, permanent hiring in the second half of 2013 will match that of 2012 while temporary and contract hiring is expected to increase 11 percentage points over last year.

The study shows there will be a continued boost in temporary hiring activity as well as hiring for full-time and part-time positions:

· 52 percent of financial services employers plan to hire full-time, permanent employees, on par with last year

· 26 percent plan to hire part-time employees, up from 15 percent last year

· 31 percent plan to hire temporary or contract workers, up from 20 percent last year

Financial services job creation continues in both big cities and outlying towns. Of financial services employers who are hiring in the second half of 2013, 84 percent said they will be hiring for positions in large metropolitan areas while 30 percent will be hiring in non-metropolitan, rural areas – similar to last year.

Thirty-seven percent of financial services employers plan to hire full-time, permanent employees in the third quarter, up from 32 percent last year. Ten percent expect to downsize staffs while 57 percent anticipate no changes to headcount and 2 percent are undecided.

Several companies filling full-time Jacksonville jobs

Monday, July 15th, 2013

Many companies in the area are looking to hire for full-time Jacksonville jobs.

This is according to CareerBuilder’s recent survey.

In it, employers said that full-time, permanent hiring in the second half of 2013 will mirror that of 2012 while temporary and contract hiring is expected to increase 10 percentage points over last year.

According to the survey, temporary work accounted for 15 percent of all job growth nationally over the last four years, even though the industry makes up roughly two percent of the nation’s workforce. In larger markets, the share of job growth since 2009 is much higher – more than 40 percent of new jobs in cities such as Chicago, Philadelphia, Kansas City, Cincinnati and Milwaukee can be attributed to temporary work.

In addition:

· 44 percent of employers plan to hire full-time, permanent employees, on par with last year

· 25 percent plan to hire part-time employees, up from 21 percent last year

· 31 percent plan to hire temporary or contract workers, up from 21 percent last year

While recruitment activity among small businesses lags that of larger organizations, the number of small businesses planning to hire over the next six months is trending up while the number for larger organizations declined slightly compared to last year. More than half (56 percent) of companies with more than 500 employees expect to add more employees by year end, down from 58 percent in 2012.

· 50 or fewer employees – 24 percent hiring full-time, permanent employees, up from 21 percent in 2012

· 250 or fewer employees – 34 percent hiring full-time, permanent employees, up from 31 percent in 2012

· 500 or fewer employees – 37 percent hiring full-time, permanent employees, up from 34 percent in 2012

“Companies are adding more employees to keep pace with demand for their products and services, but they’re not rushing into a full-scale expansion of headcount in light of economic headwinds that still linger today,” said Matt Ferguson, CEO of CareerBuilder. “The projected surge in temporary hiring from July to December is evidence of both a growing confidence in the market and a recession-induced hesitation to immediately place more permanent hires on the books. However, the overall pace of permanent hiring is stronger today in various industries and geographies, and will continue on a path of gradual improvement for the remainder of the year.”

Finance jobs in Jacksonville tick up

Sunday, July 7th, 2013

With the new jobs report comes news that finance jobs in Jacksonville may be growing.

There is evidence of this in the latest job statistics.

The economy added 195,000 jobs in June, the job report from the Bureau of Labor Market stated.

Employment rose in leisure and hospitality, professional and business services, retail trade, health care, and financial activities.

Leisure and hospitality added 75,000 jobs in June. Monthly job growth in this industry has averaged 55,000 thus far in 2013, almost twice the average gain of 30,000 per month in 2012. Within leisure and hospitality, employment in food services and drinking places continued to expand, increasing by 52,000 in June. Employment in the amusements, gambling, and recreation industry also continued to trend up in June (+19,000).

Employment in professional and business services rose by 53,000 in June. Job gains occurred in management and technical consulting services (+8,000) and in computer systems design and related services (+7,000). Employment continued to trend up in temporary help services (+10,000). Over the past year, professional and business services has added 624,000 jobs.

Retail trade employment increased by 37,000 in June. Within retail trade, employment increased by 9,000 in building material and garden supply stores and by 8,000 in motor vehicle and parts dealers. Employment in wholesale trade continued to trend up (+11,000).

Health care continued to add jobs in June, with a gain of 20,000. Within the industry, employment continued to trend up in ambulatory health care services (+13,000). A gain of 5,000 jobs in hospitals followed a loss of 8,000 jobs in May.

Employment in financial activities rose by 17,000 in June, with most of the increase occurring in credit intermediation (+6,000) and in insurance carriers and related activities (+6,000).

The change in total nonfarm payroll employment for April was revised from +149,000 to +199,000, and the change for May was revised from +175,000 to +195,000. With these revisions, employment gains in April and May combined were 70,000 higher than previously reported.