Archive for December, 2014

Construction jobs in Jacksonville rise

Sunday, December 28th, 2014

The number of construction jobs in Jacksonville appear to be rising, according to the latest employment statistics from the Bureau of Labor Statistics.

Construction employment also continued to trend up in November (+20,000). Employment in specialty trade contractors rose by 21,000, mostly in the residential component. Over the past 12 months, construction has added 213,000 jobs, with just over half the gain among specialty trade contractors.

Employment in retail trade rose by 50,000 in November, compared with an average gain of 22,000 per month over the prior 12 months. In November, job gains occurred in motor vehicle and parts dealers (+11,000); clothing and accessories stores (+11,000); sporting goods, hobby, book, and music stores (+9,000); and nonstore retailers (+6,000).

Employment in professional and business services increased by 86,000 in November, compared with an average gain of 57,000 per month over the prior 12 months. Within the industry, accounting and bookkeeping services added 16,000 jobs in November.

Employment continued to trend up in temporary help services (+23,000), management and technical consulting services (+7,000), computer systems design and related services (+7,000), and architectural and engineering services (+5,000).

Health care added 29,000 jobs over the month. Employment continued to trend up in offices of physicians (+7,000), home health care services (+5,000), outpatient care centers (+4,000), and hospitals (+4,000). Over the past 12 months, employment in health care has increased by 261,000.

In November, manufacturing added 28,000 jobs. Durable goods manufacturers accounted for 17,000 of the increase, with small gains in most of the component industries.

Employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains were widespread, led by growth in professional and business services, retail
trade, health care, and manufacturing.

Job churn slowing down for Jacksonville jobs

Tuesday, December 9th, 2014

Labor market churn is slowing for Jacksonville jobs, among other locations, according to a new survey from Careerbulder.

The national churn rate plummeted by 23 percent during the recession and remained below pre-recession levels through 2013.

“Churn measures the pulse of hiring activity in an economy,” said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. “Low churn rates mean fewer workers are moving to jobs that better utilize their skills, which in turn can lower productivity for companies and stall wage growth for individuals. Through 2013, churn rates in most occupations had not yet recovered significantly, but we expect that to change as workers gain confidence in a labor market that continues to improve and expand.”

•Low-wage occupations tend to have the highest rates of annual churn. For perspective, the occupation with the lowest churn, nuclear power plant operators, had an average annual churn rate of 22.5 percent from 2010 to 2013. Median hourly earnings for this occupation is $37.67 per hour. Meanwhile, fast food cooks, who make $8.88 per hour, had an average churn rate of 113.3 percent.

•Churn rates of IT occupations were, on average, more resilient during the recession and recovered significantly faster than all non-farm occupations. Additionally, the effect of the tech boom is seen clearly in certain occupations and metros. For example, the churn rate of Web developers in the San Jose metro grew from 47 percent in 2003 to 93 percent in 2013.

•The cities with the most severe declines in churn from 2003 to 2013 were North Port-Sarasota-Bradenton, Florida; Virginia Beach-Norfolk-Newport News, Virginia; and Tampa-St. Petersburg-Clearwater. All three went from over 110 percent churn in 2003 to just over 70 percent in 2013.Among the 75 most populous, Boston is the only metropolitan area that saw an increase in churn over the last decade. It also had the highest average churn rate from 2010 to 2013, at 87.5 percent – just ahead of Raleigh, North Carolina (87.2 percent). Raleigh tied with Bakersfield, California, and Indianapolis for the sharpest upticks in churn from 2010 to 2013; each increased 8.3 points.

Companies to add more IT jobs in Jacksonville

Tuesday, December 2nd, 2014

CIOs are revealing their hiring plans and discussing creating more IT jobs in Jacksonville, among other locations.

A new Robert Half study reveals that chief information officers (CIOs) surveyed recently plan to expand their information technology (IT) teams in the first six months of 2015.

In addition, 68 percent of CIOs plan to hire only for open IT roles, 10 percent expect to put hiring plans on hold, and 3 percent plan to reduce IT staff levels in the first six months of the new year.

As for recruiting technology talent, 67 percent of U.S. CIOs said it is somewhat or very challenging to find skilled IT professionals. This is a 6-point increase from the previous survey six months ago. Technology executives believe it is most difficult to find skilled talent in software development (20 percent), security (15 percent) and networking (14 percent).

Nearly a quarter (24 percent) of U.S. technology executives said they expect their companies’ IT budgets to increase in 2015. Seventy-three percent surveyed plan to expand their investment by up to 20 percent; 11 percent anticipate an increase between 21 percent and 30 percent, according to the Robert Half Technology survey.

“The first half of 2015 will remain a highly competitive hiring market as IT departments expand their teams to address the three drivers for tech employment: mobile, big data and security,” said John Reed, senior executive director of Robert Half Technology. “Companies recruiting for workers in software development, security and networking may find it especially challenging to recruit skilled talent.”

The hiring forecasts for the last half of 2014 and the first six months of 2015 are based on interviews with more than 2,400 CIOs from 24 major U.S. markets who were asked to provide a six-month hiring outlook.