GOLDEN VALLEY, Minn. -- Ted Chalupsky from The Right Staff discusses the current state of the job market and summertime job search tips in this week's jobs segment.
I. JOBS OUTLOOK (Rena and Ted discuss the state of the current Job Market)
All eyes will be on the Labor Department's monthly jobs report that will be released on Friday. The forecast is for the economy to have added 192,000 jobs in March and the unemployment rate to have remained steady at 7.7%. However, Payroll processing firm ADP reported Wednesday that the U.S. private sector added 158,000 jobs in March. That was weaker than expected and comes just days ahead of the government's closely watched monthly jobs report.
II. SUMMER HIRING HEATS UP
This year's summer hiring season looks its brightest in recent years, according to the sixth-annual summer jobs survey commissioned by Snagajob, the largest hourly employment network for job seekers and employers. Nineteen percent of hiring managers plan to hire more summer staff this year, up from 9 percent in 2012.
MORE POSITIONS, BETTER PAY
Hiring managers expanding their summer payrolls are planning to hire more seasonal workers than last year. Hourly wages also are expected to increase for the first time in two years to $11.50 - up from $10.90 in 2012.
"The economy has added jobs for the past four consecutive months, and it appears that hiring managers see that growth continuing into the summer," said Jason Hamilton, vice president of marketing for Snagajob. "Companies that are hiring are expecting to bring on more staff and offer higher wages, so this should be the best summer for hourly workers we've seen in several years."
TEEN'S PROSPECTS ARE IMPROVING
One in three hiring managers believe it will be "easy" for teens to find a job this year - up 4 percentage points since last year. The easier job search could be attributed to the fact that fewer hiring managers think they will get more applications this summer, a figure that has steadily shrunk from 73 percent in 2009 to just 52 percent this year. Only 5 percent think they will receive fewer applications.
THE TIME TO START LOOKING FOR A SUMMER JOB... IS NOW
Similar to past years, the majority of summer hiring will take place in May and April (30 percent and 24 percent, respectively), with 77 percent of all hiring completed by the end of May.
HOW TO GET A LEG UP
Job seekers hoping for a leg up on the competition should demonstrate their eagerness to have a job. Employers cite a positive attitude as one of the most important factors in hiring. Employers say the ability to work the schedule a manager needs as the second most important factor, followed by previous experience.
WHERE DO YOU FIND THE JOBS:
Recruiting Firms - Recruiting firms are the most effective way for job seekers to find employment, but only 3% of candidates seek them out as their first source for job hunting, according to the results of a new survey by ASA corporate partners CareerBuilder and Inavero. Candidates who engage with staffing firms get 45% more interviews than those who do not.
Linkedin - Approximately 41 percent of college grads from the class of 2012 use social media as a job-search tool, up significantly from just four years ago, according to a survey by the National Association of Colleges and Employers. Just 7 percent of the class of 2008 reported using social media to interact with employers with more than half of 2008 grads saying they didn't even notice employer ads on social networking cites. "Nearly one-quarter of 2012 graduates using social media identified it as a research tool, up from 17 percent just a year ago, and up from 15 percent among 2010 graduates," said NACE Executive Director Marilyn Mackes. "Students are using it to seek out salary and compensation information, job descriptions and information about the employer's training and development programs.
JOB OF THE MONTH
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