2018
CAREER
OUTLOOK
2018
CAREER
OUTLOOK
2018
CAREER
OUTLOOK
2018
CAREER
OUTLOOK
JOB MARKET AT-A-GLANCE
HIRING IS UP:
4.1%
CURRENT UNEMPLOYMENT RATE
the lowest it's been in 17 years!
Bureau of Labor Statistics
While 61% of employers in 2017 were planning to increase staff headcount,
this has risen to 69% in 2018
PROFESSIONALS ARE ON THE MOVE:
55% of professionals were interviewing for 2+ other roles while they were interviewing for their current position
65% of professionals plan to stay at their current organization for 5 years or less
HIRING IS UP:
4.1%
CURRENT UNEMPLOYMENT RATE
the lowest it's been in 17 years!
Bureau of Labor Statistics
While 61% of employers in 2017 were planning to increase staff headcount,
this has risen to 69% in 2018
PROFESSIONALS ARE ON THE MOVE:
55% of professionals were interviewing for 2+ other roles while they were interviewing for their current position
65% of professionals plan to stay at their current organization for 5 years or less
HIRING IS UP:
4.1%
CURRENT UNEMPLOYMENT RATE
the lowest it's been in 17 years!
Bureau of Labor Statistics
While 61% of employers in 2017 were planning to increase staff headcount,
this has risen to 69% in 2018
PROFESSIONALS ARE ON THE MOVE:
55% of professionals were interviewing for 2+ other roles while they were interviewing for their current position
65% of professionals plan to stay at their current organization for 5 years or less
NAVIGATING THE SKILLS SHORTAGE
WHAT IS THE SKILLS SHORTAGE?
WHAT IS THE SKILLS SHORTAGE?
As our workforce continues to evolve, training employees to keep up with technological trends and shifting needs has become increasingly difficult. As a result, many employers are simply struggling with finding candidates that possess all the required technical skills for many roles.
WHAT CAN YOU DO?
WHAT CAN YOU DO?
EMPHASIZE YOUR TRANSFERABLE SKILLS & SOFT SKILLS
EMPHASIZE YOUR TRANSFERABLE SKILLS
& SOFT SKILLS
Even if you do not have all of the desired technical skills for a role, you can prove that you're the right candidate with your strong soft skills and transferable skills. The most in-demand attributes for new hires in 2018 include:
problem solving
communication skills
personal accountability
ability to adapt
to change
ability to adapt to change
initiative + drive
problem solving & analytical thinking
communication skills
personal accountability
flexibility/ability to adapt to change
initiative + drive
APPLY, EVEN IF YOU'RE SLIGHTLY UNDERQUALIFIED
Because employers are struggling to find highly qualified candidates, you may have some luck applying for roles that may feel just out of your reach. If you prove that you can learn the necessary skills quickly, employers just might extend you an offer.
ASK ABOUT PROFESSIONAL DEVELOPMENT
When applying or interviewing for a job, be sure to ask about the company's professional development initiatives. If they do not take care to train their employees or offer opportunities for development, this may not be a workplace where you can easily stay up-to-date with your skillset.
51% of professionals say that they do not have a clear understanding
of what's required of them in order to earn a promotion
ASK ABOUT PROFESSIONAL DEVELOPMENT
When applying or interviewing for a job, be sure to ask about the company's professional development initiatives. If they do not take care to train their employees or offer opportunities for development, this may not be a workplace where you can easily stay up-to-date with your skillset.
51% of professionals say that they do not have a clear understanding of what's required of them in order to earn a promotion
NAVIGATING THE SKILLS SHORTAGE
WHAT IS THE SKILLS SHORTAGE?
As our workforce continues to evolve, training employees to keep up with technological trends and shifting needs has become increasingly difficult. As a result, many employers are simply struggling with finding candidates that possess all the required technical skills for many roles.
WHAT CAN YOU DO?
EMPHASIZE YOUR TRANSFERABLE SKILLS & SOFT SKILLS
Even if you do not have all of the desired technical skills for a role, you can prove that you're the right candidate with your strong soft skills and transferable skills. The most in-demand attributes for new hires in 2018 include:
problem solving & analytical thinking
communication skills
personal accountability
ability to adapt
to change
initiative + drive
problem solving & analytical thinking
communication skills
personal accountability
flexibility/ability to adapt to change
initiative + drive
APPLY, EVEN IF YOU'RE SLIGHTLY UNDERQUALIFIED
Because employers are struggling to find highly qualified candidates, you may have some luck applying for roles that may feel just out of your reach. If you prove that you can learn the necessary skills quickly, employers just might extend you an offer.
ASK ABOUT PROFESSIONAL DEVELOPMENT
When applying or interviewing for a job, be sure to ask about the company's professional development initiatives. If they do not take care to train their employees or offer opportunities for development, this may not be a workplace where you can easily stay up-to-date with your skillset.
51% of professionals say that they do not have a clear understanding of what's required of them in order to earn a promotion
ASK ABOUT PROFESSIONAL DEVELOPMENT
When applying or interviewing for a job, be sure to ask about the company's professional development initiatives. If they do not take care to train their employees or offer opportunities for development, this may not be a workplace where you can easily stay up-to-date with your skillset.
51% of professionals say that they do not have a clear understanding of what's required of them in order to earn a promotion
TEMPORARY HIRING IS UP
In an effort to bridge the skills gap, many employers
are increasing their use of temporary employees.
In an effort to bridge the skills gap, many employers are increasing their use of temporary employees.
In 2017, only 28% of employers planned to increase their hiring of temporary staff. In 2018, this number has risen to 36%
1 in 4 employers has a
blended workforce with at least
20% temporary staff
blended workforce with at least 20% temporary staff
30% of employers have made efforts to address the skills shortage by bringing in external experts on a temporary basis to help staff learn new skills
HOW CAN YOU BENEFIT?
For many professionals, turning to temporary work has given them
more opportunities and more experience in a shorter amount of time.
Employee mindset regarding temporary work:
62% of job seekers are open to freelance/contract work
Top reasons that employees choose temporary work:
32%
34%
32%
TO LEARN NEW SKILLS
TO GAIN WORK EXPERIENCE
FLEXIBLE HOURS/ SCHEDULING
Employee mindset regarding temporary work:
62% of job seekers
are open to freelance/contract work
Top reasons that employees choose temporary/contract work:
32%
TO LEARN NEW SKILLS
34%
TO GAIN WORK EXPERIENCE
32%
FLEXIBLE HOURS/ SCHEDULING
For many professionals, turning to temporary work has given them more opportunities and more experience in a shorter amount of time.
Employee mindset on temporary work:
62% of job seekers are open to freelance/contract work
Primary reasons that employees choose temporary/contract work:
32%
34%
32%
TO LEARN NEW SKILLS
TO GAIN WORK EXPERIENCE
FLEXIBLE HOURS/ SCHEDULING
THE EVOLVING WORKPLACE
As the job market evolves, so does the workplace. Over time, employees have learned more about health, work-life balance, communication, and what they shouldn't put up with in the workplace. As a result, employees are quick to leave if they are not given a positive environment in which to work.
90% of professionals make an active effort to maintain a healthy work-life balance
As the job market evolves, so does the workplace. Over time, employees have learned more about health, work-life balance, communication, and what they shouldn't put up with in the workplace. As a result, employees are quick to leave if they are not given a positive environment in which to work.
90% of professionals make an active effort to maintain a healthy work-life balance
WHAT SHOULD YOU LOOK FOR?
During the hiring process, be sure to look for signs of a positive company culture, including leadership practices, emphasis on work-life balance, and communication practices.
OUTSIDE OF PAY & HEALTH BENEFITS, PROFESSIONALS SAID THAT THESE
BENEFITS WOULD MAKE THEM HAPPIER AT THEIR CURRENT COMPANY:
flexible scheduling
opportunities to make a direct impact on the organization
support for further
training + development
recognition by supervisors
flexible scheduling
opportunities to make a direct impact on the organization
support for further
training + development
recognition by supervisors
THE EVOLVING WORKPLACE
As the job market evolves, so does the workplace. Over time, employees have learned more about health, work-life balance, communication, and what they shouldn't put up with in the workplace. As a result, employees are quick to leave if they are not given a positive environment in which to work.
90% of professionals make an active effort to maintain a healthy work-life balance
As the job market evolves, so does the workplace. Over time, employees have learned more about health, work-life balance, communication, and what they shouldn't put up with in the workplace. As a result, employees are quick to leave if they are not given a positive environment in which to work.
90% of professionals make an active effort to maintain a healthy work-life balance
WHAT SHOULD YOU LOOK FOR?
During the hiring process, be sure to look for signs of a positive company culture, including leadership practices, emphasis on work-life balance, and communication practices.
OUTSIDE OF PAY & HEALTH BENEFITS, PROFESSIONALS SAID THAT THESE
BENEFITS WOULD MAKE THEM HAPPIER AT THEIR CURRENT COMPANY:
OUTSIDE OF PAY & HEALTH BENEFITS, PROFESSIONALS SAID THAT THESE BENEFITS WOULD MAKE THEM HAPPIER AT THEIR CURRENT COMPANY:
flexible scheduling
opportunities to make a direct impact on the organization
opportunities to make a direct
impact on the organization
support for further
training + development
recognition by supervisors
flexible scheduling
opportunities to make a direct impact on the organization
support for further
training + development