Announcing U.S. Job Trend Projections for 2nd Quarter 2014

According to CareerBuilder’s Q2 2014 Job Forecast Report, U.S. companies planning to hire full-time, permanent workers will increase 3% this quarter, a full 7% more than the forecasted national average. That’s good news, even with other more subtle economic trends factoring in to job searches.

With the economy expanding and improvements to the housing market, consumer confidence is on the rise, which means that we could see significant job growth over the next two quarters.

Here are the top 5 industries expected to exceed the national average for hiring permanent staff:

full-time-staffJob openings for financial and accounting positions are the most challenging to fill.  “Accounting and finance is having a very difficult time finding candidates. Hiring managers need to adjust their expectations as far as what they can get skill wise and how much they need to compensate. It’s no longer a buyer’s market.” Executive placement firm, Stewart, Cooper & Coon, offers a variety of services for financial and accounting executives to conduct job search campaigns and discover open positions.

Many candidates are turning down offers. About 3/4 of employers state that 10% of candidates actually end up turning down job offers. The most frequent reasons were as follows:

declined-offers

Due to the highly competitive nature of the current job market, candidates will often have several offers on the table at once. Better prospects and unrealistic salary expectations were the most common cause for refusal. A full 71% of candidates felt the hiring company’s compensation was under par with their expectations and only 25% considered the offer they were given to be what they had in mind – and that number is declining.

compensationFor more insights and trends in U.S. jobs, check out CareerBuilder’s latest Staffing & Recruitment Pulse Survey. For more information about trends in U.S. jobs, contact Fred Coon of Stewart, Cooper & Coon.

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