Summer Hiring Stays Strong: LinkedIn Workforce Report August 2018

Austin’s job market has never been hotter and in July, hiring in Austin, TX, was up 14.3% from last year. The strong job market is drawing people from all over the country, bringing Austin to #1 on our ranking of U.S. cities attracting the most workers. For every 10,000 LinkedIn members in Austin today, 105 arrived in the past 12 months. Of those arrivals, 10.5% are from Houston, 7.6% are from San Francisco, and 4.8% are from New York. Austin’s thriving tech scene is a big magnet, as indicated...

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Despite a Dip, June Hiring Remains Strong: LinkedIn Workforce Report July 2018

Nationally, across all industries, gross hiring in the U.S. was 10.5% higher than in June 2017. Seasonally-adjusted national hiring was down 7.9% in June from May 2018, but was still very robust by the standards of the current economic expansion. The industries with the biggest year-over-year hiring increases in June were aerospace, automotive, and transportation (15.6% higher); architecture and engineering (12.5% higher); and manufacturing and industrial (10.9% higher).

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Hiring Trends up From This Time Last Year: LinkedIn Workforce Report June 2018

The oil industry turns up the heat on hiring – Nationally, across all industries, gross hiring in the U.S. was 4.5% higher than in May 2017. Seasonally-adjusted national hiring was up 5.3% in May from April 2018. Hiring in the oil and energy industry, on the upswing since its recent trough in mid-2016, rose by 5.2% over the past year. With oil prices at their highest since December 2014, a comparison of oil prices and industry hiring shows tight correlation: when oil prices dipped between...

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Hiring Remains Strong and Stable Through April: LinkedIn Workforce Report May 2018

The U.S. needs 230,000 more people with marketing skills –  Companies, large and small, need marketing to grow. Small businesses may not have resources for a full-time marketing hire, but they still need these skills—which range from social media and digital marketing, to market research and branding. Given how critical marketing skills are across sectors, we were surprised to find that the U.S. has a national shortage of 230,000 people with marketing skills. The San Francisco Bay Area, Boston,...

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The U.S. Is Facing a Critical Skills Shortage, Reskilling Can Be Part of the Solution

We are in the midst of a widespread economic shift. Artificial intelligence, widening skills gaps, and the rise of independent workers will dramatically impact the way we work. Although meaningful change may feel like it’s a long ways off, a recent McKinsey report estimates 50% of today’s jobs are susceptible to artificial intelligence capabilities that are already in the market. While these shifts are looming, there are proactive steps professionals can take to build the skills they need to...

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Hiring Keeps Up the Pace Through March: LinkedIn Workforce Report April 2018

In March, hiring across the U.S. was 19.3% higher than in March 2017. Seasonally-adjusted hiring was 3.1% higher in March than in February 2018. Hiring has been slightly better through the start of 2018 than it was in the second half of 2017, but year-over-year comparisons will become more challenging as we move into spring, when hiring skyrocketed last year. In line with national hiring trends, the industries with the biggest year-over-year hiring increases in March were financial services &...

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Hiring Remains Strong After January’s Spike: LinkedIn Workforce Report March 2018

In February, hiring across the U.S. was 20.1% higher than in February 2017. Seasonally-adjusted hiring was 8.5% lower in February than in January 2018, indicating that January’s spike in hiring was probably a one-off. That said, February’s decline merely brought hiring flows back into line with their elevated level during the second half of 2017.

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Hiring Trends up from This Time Last Year: LinkedIn Workforce Report February 2018

In January, hiring across the U.S. was 13.0% higher than in January 2017. Seasonally-adjusted hiring was 10.9% higher in January than in December 2017—making January 2018 the strongest month for hiring since May 2017. While it is too early to tell if this hiring spike is attributed to increased confidence from the new tax bill, the industries with the biggest year-over-year hiring increase in January were manufacturing and industrial (15.5% higher); aerospace, automotive, and transportation...

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Hiring Still Strong: LinkedIn Workforce Report January 2018

Hiring still strong, up 24.2% YoY in December. The industries with the biggest YoY hiring increases in December were financial services and insurance (up 23.1%); aerospace, automotive, and transportation (up 22.2%), and architecture and engineering (up 21.1%).

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Hiring Trends Stay Strong: LinkedIn Workforce Report December 2017

Since skyrocketing this past May, hiring in 2017 has stayed consistently strong, without great variation month over month. Year-to-date, U.S. hiring has, on average, been 10.4% higher in 2017 than in 2016. In November, hiring across the U.S. was 26.0% higher than in November 2016.

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