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Archive for August, 2016

Hospitality jobs in Vegas grow

Monday, August 8th, 2016

The number of hospitality jobs in Vegas has grown.

The unemployment rate held at 4.9 percent in July, and the number of unemployed persons was essentially unchanged at 7.8 million. Both measures have shown little movement, on net, since August of last year.

In July, the number of persons unemployed less than 5 weeks decreased by 258,000. At 2.0 million, the number of long-term unemployed (those jobless for 27 weeks or more) was about unchanged over the month and accounted for 26.6 percent of the unemployed.

Both the labor force participation rate, at 62.8 percent, and the employment-population ratio, at 59.7 percent, changed little in July. The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 5.9 million in July. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.

Among the marginally attached, there were 591,000 discouraged workers in July, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in July had not searched for work for reasons such as school attendance or family responsibilities.

Employment in leisure and hospitality continued to trend up in July (+45,000). Employment in food services and drinking places changed little in July (+21,000); this industry has added an average of 18,000 jobs per month thus far this year, compared with an average monthly gain of 30,000 in 2015.

Customer service jobs in Vegas getting better wages?

Thursday, August 4th, 2016

According to a new survey from Careerbuilder, customer service jobs in Vegas may be getting better wages.

Information Technology (68 percent), Health Care1 (65 percent), Financial Services (56 percent) and Manufacturing (51 percent) are among industries expected to outperform the national average for full-time, permanent hiring in the back half of 2016.

Looking across all industries, 1 in 6 employers (16 percent) said they plan to hire more recruiters in the next six months to help bring new talent in the door. Some of the in-demand roles employers said they will be recruiting for in the second half of the year are those tied to:

  • Cloud technology – 12 percent
  • Mobile technology – 11 percent
  • Social marketing – 11 percent
  • Providing a good user experience – 11 percent
  • Developing apps – 9 percent
  • Wellness – 9 percent
  • E-commerce – 9 percent
  • Financial regulation – 9 percent
  • Creating a digital strategy – 9 percent
  • Managing and interpreting Big Data – 8 percent
  • Cyber security – 8 percent

Among broader functional areas, employers will be hiring for:

  • Customer Service – 29 percent
  • Sales – 27 percent
  • Information Technology – 25 percent
  • Production – 20 percent
  • Accounting/Finance – 13 percent
  • Human Resources – 13 percent
  • Clinical – 12 percent
  • Business Development – 11 percent
  • Marketing – 11 percent
  • Research and Development – 11 percent

Are small businesses growing bolder in their hiring plans?

While full-time, permanent hiring among most small, medium and large organizations is expected to be on par with the back half of 2015, a 5 percentage-point acceleration is anticipated for small businesses with 251 to 500 employees:

  • 50 or fewer employees – 27 percent hiring, the same as last year
  • 51 to 250 employees – 53 percent hiring, up from 51 percent last year
  • 251 to 500 employees – 64 percent hiring, up from 59 percent last year