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Permanent And Temporary Hiring To Increase In The Back Half Of 2014, According To CareerBuilder's Midyear Job Forecast

Stocks in this article: GCI MNI

CHICAGO, July 10, 2014 /PRNewswire/ -- CareerBuilder's Midyear Job Forecast points to sustained job growth in the second half of 2014. Nearly half of U.S. employers plan to add full-time, permanent headcount over the next six months, and one-third plan to hire temporary or contract workers – both improvements over the same period in 2013.

See full report here: http://careerbuildercommunications.com/pdf/cb-midyear-forecast.pdf

"The results of this year's survey are indicative of a more assured employer population compared to 2013 when companies were, to some extent, irresolute when it came to adding permanent staff," said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation . "Back then, employers anticipated a spike in temporary employment in the second half of the year while permanent employment was to remain flat. The 2014 midyear forecast shows employers are expecting forward movement in all categories of hiring. Jobs will also be added in a variety of areas, heavily favoring job seekers with expertise in technology, financial operations, communications and other specialized fields."

  • 47 percent of employers plan to hire full-time, permanent employees, up from 44 percent last year
  • 27 percent plan to hire part-time employees, up from 25 percent last year
  • 33 percent plan to hire temporary or contract workers, up from 31 percent last year

The national survey, which was conducted online by Harris Poll on behalf of CareerBuilder from May 13 to June 6, included a representative sample of 2,188 hiring managers and human resource professionals across industries and company sizes.

Hiring By IndustryThe following industries are expected to outperform the national average for permanent hiring in the months ahead with Information Technology, Financial Services and Hospitality poised to experience the highest year-over-year gains:

  • Information Technology – 59 percent plan to hire full-time, permanent employees, up from 51 percent last year
  • Financial Services – 57 percent plan to hire full-time, permanent employees, up from 52 percent last year
  • Hospitality – 55 percent plan to hire full-time, permanent employees, up from 46 percent last year
  • Health Care – 54 percent plan to hire full-time, permanent employees, up from 51 percent last year
  • Manufacturing – 54 percent plan to hire full-time, permanent employees, up from 52 percent last year

Hot Areas for HiringWhen asked to identify the types of roles they will be creating within their organizations over the next six months, employers were most likely to report:

  • Jobs tied to social media – 11 percent
  • Jobs tied to mobile technology – 11 percent
  • Jobs tied to cloud technology – 10 percent
  • Jobs tied to wellness – 10 percent
  • Jobs tied to content strategy for the Web – 9 percent
  • Jobs tied to managing and interpreting big data – 9 percent
  • Jobs tied to cyber security – 8 percent
  • Jobs tied to financial regulation – 8 percent
  • Jobs tied to search technology – 8 percent
  • Jobs tied to health informatics – 8 percent

Small Business HiringWhile recruitment activity is notably stronger and increasing in enterprise organizations, small business hiring is holding steady and showing moderate improvement compared to last year.  

  • 50 or fewer employees – 24 percent hiring full-time, permanent employees, the same as last year
  • 250 or fewer employees – 35 percent hiring full-time, permanent employees, up slightly from 34 percent in 2013
  • 500 or fewer employees – 39 percent hiring full-time, permanent employees, up from 37 percent in 2013

Among companies with more than 500 employees, three in five hiring managers (61 percent) plan to add full-time, permanent employees, up from 56 percent in 2013.

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