4 takeaways from CareerBuilder’s Q2 hiring forecast
Full-time, permanent hiring is up, according to the latest CareerBuilder hiring forecast.
This time of year finds many of us antsy – we're ready for better weather, summer vacations and baseball season. If you're feeling truly unhappy at work, try to diagnose the cause. Do you feel unchallenged? Take on a stretch project. Need coaching on how to excel with your latest project? Set up one-on-one time with your supervisor or mentor. If you just can't kick the blues, maybe it's time for a new job – and there's no better time for those seeking a new role, according to CareerBuilder's Q2 hiring forecast.
Here are four takeaways from the forecast:
1. It's the best hiring outlook for the quarter in a decade. Forty-five percent of U.S. employers plan to hire full-time, permanent employees in the second quarter, a significant jump in hiring from last year, and the highest percentage for the quarter dating back to 2007. This is good news for active job seekers who are looking to find employment over the next few months. So, if you're seeking a full-time job, keep at it – hopefully the right opportunity will come your way soon.
2. Full-time permanent hiring was up in the first quarter. A greater sense of confidence among employers was already evident in the first three months of 2017. Forty-six percent of employers reported that they increased their number of full-time, permanent employees in the first quarter, outperforming the same period in 2016 by 9 percentage points. Since the second quarter continues to show this confidence, this is a great time to be an active job seeker.
3. Temporary hiring continues to be strong going into Q2. Employers will continue to hire temporary workers going into the second quarter. Forty-nine percent of employers expect to hire temporary or contract workers over the next three months, up 12 percentage points from 37 percent last year and nearly double the percentage (26 percent) in 2011, when the statistic was initially tracked post-recession. Many companies are continuing to rely on temporary or contract workers, permitting a more flexible workforce. If you're looking to try a new career, or value flexibility in your hours – this is good news for you.
4. Employers in the West and South are most likely to add full-time, permanent employees in Q2. When comparing regions, the West houses the largest percentages of employers expecting to add full-time, permanent employees (48 percent) and temporary or contract employees (54 percent) in the second quarter. The South and Northeast are following closely behind while the Midwest continues to trail other regions by a larger margin – though the Midwest is showing notable improvement compared to last year. Thinking about moving? Consider these areas if you'll be searching for a new job.
Ready for a new challenge? Check out these job-searching tips from CareerBuilder.