Source: The U.S. Bureau of Labor Statistics “The Employment Situation – December 2014″
Employment gains were highest in professional and business services, construction, food services and drinking places, healthcare and manufacturing. Here are some key sector highlights from the BLS “The Employment Situation – December 2014” report:
Professional and Business Services
This industry reported 52,000 added jobs to the economy (19.5 million total workforce), for a total of 732,000 year-over-year growth. The employment services subsector continued its upward trend with 16,200 new jobs (3.7 million total workforce), with 14,700 jobs coming from the temporary help services subsector (2.9 million total workforce). Administrative and support services added 34,400 jobs (8.5 million total workforce). Computer Systems and design services added 9,000 new jobs.
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The unemployment rate is below six percent for the first time since before the recession. The demand to fill positions with specialized, niche skill sets is high, and these candidates can be especially hard to source. This means uncovering and attracting the best job seekers requires sophisticated recruiting tactics. As an employer, how can you get a leg up on your competition?
The average employee requires at least three months to get fully adjusted to a new job. To make the hiring, training, and acclimation process as efficient and valuable as possible, companies that are hiring should challenge themselves with a few New Year’s “hiring” resolutions in an overall effort to save resources and time in 2015.
As the US military continues to downsize in 2015, a large number of veterans are now entering the civilian workforce. As a business owner or manager, there are a ton of reasons why you should consider hiring a veteran in the coming year. Military veterans have years of excellent training and exceptional skills. They also tend to have a work ethic that exceeds that of many cilivians. And, because of their prior military experience, they’re also excellent at working in teams, and officers are often excellent at managing people and materials. Veteran employees tend to have a lower turnover rate than civilian hires.