I wrote recently about some of the tips we can use to make our new year job search more fruitful. Of course, great though these tips are, they’re even more effective in a buoyant job market that offers up plenty of vacancies.
Thankfully, a recent report from CareerBuilder suggests that is exactly what’s happening. Indeed, the report suggests that around one-third of employers expect to be going on a hiring spree in 2015, which is the best outlook given by the report since way back in 2006. What’s more, it isn’t simply the case of creating low wage jobs. Many companies are also hoping to offer salary increases.
“The U.S. job market is turning a corner as caution gives way to confidence,” CareerBuilder CEO Matt Ferguson said. “Hiring in 2014 has been broad-based, including encouraging activity among small businesses and hard-hit sectors like manufacturing and construction."
The study revealed a 12 percent rise in the number of companies hoping to bring in new talent during 2015, up to a record high of 36 percent. This contrasted with just 9 percent of employers who expected to see staff levels shrink in 2015.
The hot industries were revealed to include Information Technology, Manufacturing, Financial Services and Healthcare, with each sector reporting a large number of organisations expecting to be looking for talent this year.
In terms of the actual jobs themselves, the report revealed that jobs in the STEM fields are going to be particularly strong, meanwhile jobs in areas that are key to revenue growth, customer loyalty and innovation will also see a strong year ahead. The report revealed that top five areas to be:
- Customer service
While not as strong in terms of overall numbers, there were also some rapidly growing sectors of the jobs market, including:
- Big data
- Cyber security
- Cloud and mobile
- Alternative energy
The growth is not limited strictly to permanent roles either, with the temporary employment market also expected to be buoyant in 2015, as organisations strive to fill roles and retain flexibility in their workforce. The survey revealed that nearly half of the organisations surveyed plan to recruit temporary workers in the coming year, which is up slightly from the same time last year.
The good news for anyone whose salary has stagnated during the recession, the survey revealed that compensation levels may see a return to growth in the coming years. Indeed, 82 percent of employers said they were hoping to raise wages in the coming year, which represented a growth of 9 percent on last year. The best jobs in terms of wage growth were sales and IT, which both topped the tree for salary prospects for 2015.
After such a long and difficult recession and post-recession period for the job market, might these be the first signs of things returning to a slightly more positive picture? I’m sure you’ll all join me in hoping for that to be the case.