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 the one thing that continues to hold steady.
For the sixth consecutive month, the U.S. Bureau of Labor Statistics (BLS) reported positive growth, with the October 2020 jobs report showing an increase of 638,000 jobs. This data jibes with what we’re seeing on Monster as employers continue to rebuild their teams. Month-over-month, we saw a solid 8% increase of new jobs posted, with hiring ramping up in construction, health care, manufacturing, tech, and more. Here are some of the industries having big impacts right now.
Staffing industry is poised for growth
Staffing companies had a rough start to the year when many employers were forced to pause hiring due to COVID-19. Now, as employers start to rebuild their teams in an uncertain economy, many are enlisting their help to bring on temporary workers as they regain their footing. The BLS report is the latest indicator of this trend, with 109,000 temporary jobs added to the labor market in October. As we look ahead to 2021, this news is a good sign that the staffing industry is improving.
“At Monster, our staffing business is up 15% over last year,” Tim Robbins, Vice President and General Manager of Staffing and Recruiting at Monster, says. “The staffing industry as a whole is seeing businesses return that went dark. Our customers are making their annual buys right now and they’re not cutting back—because they’re anticipating growth for next year.”
On Monster, we’re not only seeing an increase in job listings from staffing companies, but also demand for temporary employment from job seekers. Specifically, some of the top candidate searches for temporary jobs right now are for drivers and supply chain managers.
‘Tis the season for finding a holiday job
Retailers may have announced big holiday hiring plans back in August, but October and November are usually the months when we see the biggest push for seasonal employment—and this year is not much different. OK, well, maybe a little different. While hiring levels are lower than in years past, we’re still seeing significant increases in job postings on Monster for order fillers, stock clerks, online merchants, merchandise displayers, and window trimmers. In October alone, the BLS reported growth of 104,000 retail jobs in car dealership and electronics, appliance, furniture, and clothing stores.
With the rise of ecommerce and social distancing, though, employers are preparing for an insurmountable number of online orders that Santa’s sleigh alone wouldn’t be able to handle. On the delivery front, job postings for light truck and delivery jobs had twice as many postings over the past few weeks than we saw prior to the pandemic on Monster. Other notable upticks in job postings include freight, stock, and material movers, packers, and package handlers. That compares to the BLS’s findings of 63,000 jobs gained in transportation and warehousing in October.
Seasonal hiring seems to be picing up, too. On Monster, “customer service representative,” “cashier,” “warehouse worker,” “package handler,” and “package delivery driver” have been some of the most-searched keywords by candidates over the past month.
Hiring builds in construction
After COVID-19 shut down construction sites across the country, contractors have been learning new ways to operate in order to keep their employees safe as they start rebuilding their crews. Compared to the month prior, we’re seeing more employers hiring for construction and extraction jobs on Monster, much of which can be contributed to a spike in job listings for construction laborers. The BLS report reinforces these findings with gains of 84,000 jobs last month for specialty trade contractors and heavy and civil engineering construction.
After more than 400,000 construction workers lost their jobs at the onset of the pandemic, it appears that workers, too, are gaining the confidence they need to find employment in this industry again. Slowly, but surely, we’re seeing more and more of these workers on Monster, searching for engineering and construction positions.
Hiring bug continues to spread in health care
We took a quick temperature check on the hiring landscape in the once feverishly hot healthcare sector and, although more mild than usual, it’s still showing healthy growth. While the BLS reported 56,000 jobs added in hospitals, doctor’s offices, and outpatient care centers last month, we’ve continued to see a growing number of job listings and searches spanning a variety of positions on Monster.
Increasingly, employers hired medical and clinical laboratory technicians, registered nurses, medical assistants, nursing assistants, and personal care aides, to name a few. Likewise, a growing number of candidates are searching for medical assistant, medical director, pharmacist, registered nurse, and nurse practitioner roles.
Manufacturing continues to produce jobs
Over the past few months, hiring in manufacturing has grown steadily month-over-month This past month was no different as the sector continues to make strides toward its pre-pandemic levels. In October, the BLS reported gains of 38,000 jobs in the manufacturing sector—621,000 lower than in February. While these gains were dominated by manufacturers of metal, wood, plastic, and rubber products, on Monster we saw this translate into increased hiring for machinists, assemblers, inspectors, testers, sorters, welders, cutters, fabricators, and more.
As manufacturers continue to rebuild their teams, Monster will be the place where they can find skilled workers looking for gainful employment. Over the past few weeks alone, Monster data shows a sizable uptick in new resumes for workers with experience in manufacturing, production, and operations. Some of the most sought-after positions they’re looking for include jobs for operations managers, welders, technicians, and other manufacturing-related roles.
Tech jobs are programmed for growth
We’re sure there’s a computer virus pun in here somewhere, but the fact remains: Over the past several months, the majority of tech jobs have been immune to the effects of COVID-19. Unlike other industries in which hiring has ebbed and flowed, the technology sector continues to see solid growth amid the transition to remote work.
We’ve seen this in the latest BLS report—which showed that employment increased in computer systems design (16,000) and technical consulting services (15,000)—and on Monster. Our data indicates that businesses have increased hiring for computer systems analysts, software developers, web developers, and computer systems engineers and architects over the past month.
This increase in jobs has certainly sparked the interest of many job seekers on Monster, too. Already, we’ve seen more candidates posting resumes highlighting their technical expertise and searching for tech-related roles. Spanning a variety of positions, these searches range from data analyst and data scientist jobs to positions for devOps engineers and network engineers to Java developer and Python developer roles.
While COVID-19 has brought a lot of uncertainty to the job market, Monster aims to provide employers with the insight needed to move forward. As you plan your hiring strategy over the next month, see how Monster can help you navigate the challenges of the coronavirus pandemic at your organization.