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Cautious Hiring To Continue In The New Year, According To CareerBuilder's Annual Job Forecast

Stocks in this article: GCI MNI

CHICAGO, Dec. 31, 2013 /PRNewswire/ -- Caution remains a staple in recruitment plans.  CareerBuilder's annual forecast shows that debt issues in Washington may continue to play a part in impeding a more accelerated jobs recovery.  Twenty-four percent of companies reported that they will add full-time, permanent employees in 2014, down two percentage points from 2013.  Nearly one in four employers (23 percent) said they will hire at a slower rate or will not expand headcount at all until the debt ceiling is resolved in the first quarter.  

View full report here: http://careerbuildercommunications.com/pdf/careerbuilder2014_forecast.pdf

"The general sentiment shared by employers whom CareerBuilder talks to every day is that there will be a better job market in 2014," said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation.  "What we saw in our survey was reluctance from some employers to commit to adding jobs until the outcomes of debt negotiations and other issues affecting economic expansion are clearer.  As these stories play out and employers find their footing in the New Year, there is greater potential for the average monthly job creation in 2014 to exceed that of 2013."   

The national survey was conducted online by Harris Interactive © from November 6 to December 2, 2013, and included a representative sample of 2,201 hiring managers and human resource professionals across industries and company sizes.

Full-time, Permanent HiringWhile 24 percent of employers expect to hire full-time, permanent staff – down from 26 percent last year – one in ten are still undecided about their recruitment plans.  Thirteen percent plan to decrease staff levels – up from 9 percent last year – while 54 percent anticipate no change.

Where Are They Hiring?Hiring for STEM (science, technology, engineering and math) occupations is expected to take center stage with more than one in four employers (26 percent) planning to create jobs in these areas over the next 12 months.

Looking at functions across an organization, the top two positions companies plan to hire for in the New Year – Sales and Information Technology – are also where employers expect to provide the biggest salary increases. 

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