Monster jobs report: Monthly hiring snapshot
The weather is warming up, and the job market only seems to be getting hotter and hotter. Thanks to an aggressive vaccination effort and more relaxed restrictions, hiring has accelerated at the fastest pace since last summer. For the third consecutive month, the U.S. Bureau of Labor Statistics jobs report reported positive job growth with gains totaling 916,000. Not to mention, the number of new jobs posted on Monster increased month-over-month as well.
While these gains still leave us 8.4 million, or 5.5% below pre-COVID levels, economists say this could be the start of a sustained run of job growth to industries and workers hardest hit during the pandemic. Let’s take a look at some of the industries having the biggest impacts right now.
Bars and restaurants continue to dish out jobs
The days of takeout and “staycations” may soon be over as hiring continues to gain traction in the leisure and hospitality industry. After a 355,000 jump in February, another 280,000 jobs in this sector were added in March, with two-thirds of the gain focused in bars and restaurants.
Looking ahead, Monster data indicates that this growth may continue as vaccines are distributed and more people feel safe venturing out. From a hiring standpoint, some of the top new jobs posted on Monster included those for cooks, waiters and waitresses.
Similarly, after a year of uncertainty, we’ve seen more and more workers chomping at the bit to get back to work in the foodservice industry. From the candidate side, “chef,” “cook,” “server,” “restaurant manager,” and “bartender” are some of the top keywords being searched right now on Monster.
Jobs are multiplying in education
Here’s a quick math lesson for you: If 76,000 jobs were added in local government education, plus 50,000 jobs in state government education, and another 64,000 jobs in private education, how many total education jobs were created? (Answer: 190,000 jobs.)
Those figures from the latest BLS report are just one example of the ongoing growth we’ve seen in the education sector on Monster. As in-person learning and other school-related activities begin to resume in many parts of the country, we’ve seen an increase in academic institutions hiring teachers, instructors, instructional designers and technologists.
Educators, too, seem eager to get back in front of a chalkboard and a room full of young minds. On Monster, “teacher” and “education” are two of the top keywords being searched by candidates in this sector right now.
Rebuilding the job market in construction
When the ground thaws and spring rolls around, one thing you can typically count on is construction companies ready to get their projects underway. This year seems to be no different, despite the pandemic and current lumber shortage. On Monster, we’ve seen increases in both employers hiring and candidates searching for construction laborer, construction manager and electrician positions.
This is a good sign, especially after a bad winter storm in February left about 61,000 construction workers across the country without jobs. The BLS shows that the sector bounced back even better than before with solid gains of 110,0000 jobs in March for specialty trade contractors, heavy and civil engineering and the construction of buildings.
Manufacturing activity hits 37-year high
The state of U.S. manufacturing has faced a great deal of uncertainty for years well before the COVID-19 pandemic even began. However, as perhaps the clearest sign yet that a much-anticipated economic boom may be underway, the Institute for Supply Management reported that U.S. manufacturing activity expanded in March at the fastest pace since December 1983.
While hiring has been steadily building since the initial deficit at the onset of the pandemic, this recent boost in production has also sparked an increase in employers hiring. On Monster, we’ve seen more and more new job listings for team assemblers, machinists and production workers. Likewise, the BLS reported an increase of 53,000 jobs last month in durable and nondurable goods manufacturing.
This strong job growth is the kind of positive reinforcement that factory workers need to hear as they look for gainful employment in manufacturing right now. In fact, some of the most sought-after positions by candidates on Monster currently are for welding, production supervisor, CNC machinist and machine operator jobs.
Transportation and warehousing jobs are in stock
As hiring in manufacturing picks up, it can often mean that transportation and warehousing jobs will soon follow suit. It’s no surprise, then, that we’re already seeing an increase in new jobs posted on Monster—ranging from stock clerks and laborers and freight, stock, and material movers to light truck or delivery services drivers and heavy and tractor-trailer truck drivers. Even from the candidate side, some of the top keywords being searched right now are for forklift operator, delivery driver, truck driver and warehouse worker positions.
The BLS also reported early signs of an uptick in transportation and warehousing jobs with gains of 48,000 in March. These job gains were seen largely for couriers and messengers, transit and within ground passenger transportation and air transportation. It will be interesting to see how this job growth continues over the next few months.
The days of working from home may be numbered
If you thought 9-to-5 office days were over, think again. The widespread availability of COVID-19 vaccines are prompting many employers to consider returning to the office sooner rather than later. For example, Google—one of the first major U.S. companies to send employees home last year—recently announced accelerated plans to get back in the office before Labor Day. At other companies, like Bloomberg, employees may be returning to the office as soon as they are vaccinated.
While we’re still seeing a solid number of candidates searching for remote jobs on Monster, the BLS jobs report is showing fewer and fewer people working remotely as a result of the pandemic. In March, the number of remote workers continued to decline to 21%, down from 22.7% in February. In fact, Monster data shows that some of the top states for jobs right now include California, Texas, Florida, New York, and Pennsylvania, among others where restrictions have recently loosened.
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