Monster hiring report: January 2021 snapshot It’s only fitting that 2020, a year filled with a raging pandemic and political chaos, would end in the most 2020 way possible: another round of job losses. According to the U.S. Bureau of Labor Statistics, the labor market shed 140,000 jobs last month, breaking it’s seven-month streak of positive growth since April when the […]
The Future of Work 2021: Global Hiring Outlook Let’s all take a collective sigh that 2020 is over. Last year – which included record-breaking job losses and unemployment as high as 16% in May 2020 – was a challenge. But according to Monster’s latest research, shared in the Future of Work 2021 Global Outlook Special Report, there’s reason to be optimistic. 82% of […]
2021 Hiring Trends: Monster's Predictions for the New Year Forecasting 2021 hiring trends is a bit of a challenge given all of the unknowns in the economy and with the pandemic. That said, with a vaccine being rolled out and the potential return to normal on the horizon, 2021 is poised to be a big comeback year for some hard-hit industries. Based on Monster […]
Monster hiring report: December 2020 snapshot The year is winding down, and so is the labor market. While the U.S. Bureau of Statistics reported positive economic growth last month, this month it has slowed considerably. According to the November BLS report, employment increased by 245,000 in November, compared to 610,000 (revised) jobs in October and even greater job gains in the months prior. […]
Monster hiring report: November 2020 snapshot With a second big wave of coronavirus cases, a battle in Congress over another stimulus package, and a drawn-out presidential election, business leaders have been facing a great deal of uncertainty lately. While no one knows exactly what to expect in the days and weeks ahead, job growth in the labor market appears to be […]
Monster Monthly Hiring Report: October 2020 Snapshot Six months after COVID-19 hit the United States and left millions out of work, the economy is continuing to show signs of recovery. We saw this in both the latest release of the U.S. Bureau of Labor Statistics’ (BLS) monthly jobs report and also on Monster. While the BLS reported gains of 661,000 jobs last […]
Monster hiring report: August 2020 snapshot Slow and steady, the economy is looking up, at least for now. We saw this in the latest release of the U.S. Bureau of Labor Statistics’ (BLS) monthly jobs report, which showed that the labor market continued to bring back more jobs last month. And with more jobs, the number of job searches conducted by […]
Staffing outlook: Three industries poised for growth As the country continues to wade through the coronavirus health crisis, employment (or lack thereof) is top of mind. Unemployment rates are still at historic levels, but there’s optimism in the staffing industry about jobs in some fields that may recover from pandemic drops suffered in the spring. Among the segments with forecasted recovery growth: […]
How COVID-19 is impacting summer hiring As the country dives into a summer overshadowed by COVID-19, the virus is affecting some industries more than others. Some firms that traditionally hire summer help are having a hard time making it work, while others have been inundated by job seekers. Some companies are facing challenges due to restrictions on what businesses can operate […]
May 2020 jobs report: an unexpected rebound Surprising many job market predictions (including Wall Street estimates that hovered around 8 million losses), the labor market unexpectedly gained 2.5 million jobs in May, while the unemployment rate decreased to 13.3%. Employers brought some workers back, causing payrolls to rise and unemployment to fall, according to the latest release of the U.S. Bureau of Labor […]
