Monthly IT and Technology Jobs Report – July 2020

IT and Technology Jobs Report July 2020 Unemployment Rate for IT and Tech Jobs* July 2020: 4.4% June 2020: 4.3% July 2019 (last year): 1.3% Total IT and Tech Jobs* July 2020: 5,856,000 June 2020: 5,990,000 July 2019 (last year): 5,578,000 US Economy Jobs Added July 2020:  1,763,000 June 2020: 4,800,000 July 2019 (last year): 194,000 US Unemployment Rate July 2020: 10.2% June 2020: 11.1% July 2019 (last year): 4.0% Source: Bureau of Labor Statistics "Small businesses were twice as likely to report expectations for revenue increases rather than declines over the next 12 months" Source: Vistage SMB CEO Survey [...]

Deep Dive into June Recovery Job Losses/Gains

Since the COVID Event started, The US has had over 46M unemployment claims and lost 12.9 million jobs. The good news is that in the last two months over 7.3M people have returned to work. The bad news is we have 12.9M more to go. In June we had 5.8M Unemployment claims and added 4.8M jobs back. Regardless, lets exam where some of these job gains and losses are occurring. Below are the industry categories that have seen the largest job gains since February: Industry Category Jobs Gains Since February General merchandise stores, including warehouse clubs and supercenters 208,000 Building [...]

Monthly IT and Technology Jobs Report – June 2020

IT and Technology Jobs Report June 2020 Unemployment Rate for IT and Tech Jobs* June 2020: 4.3% May 2020: 3.7% June 2019 (last year): 1.5% Total IT and Tech Jobs* June 2020: 5,990,000 May 2020: 5,763,000 June 2019 (last year):  5,443,000 US Economy Jobs Added June 2020: 4,800,000 May 2020: 2,509,000 June 2019 (last year): 182,000 US Unemployment Rate June 2020: 11.1% May 2020: 13.3% June 2019 (last year): 3.8% Source: Bureau of Labor Statistics "over half of SMB of CEOs (54%) believe the economy will improve over the year ahead" Source: Vistage SMB CEO Survey  

Changes to Your LinkedIn Profile to Get Hired

Did you know that 90 percent of recruiters use LinkedIn? The platform plays a pivotal role in the recruitment process for most organizations and allows organizations to find new talent easily. Having an attractive LinkedIn profile is critical to getting your dream job. However, given the number of people that are part of this social network, most job seekers are unable to use this platform to find a good job. So what can you do? As it turns out, simply creating a profile on LinkedIn isn’t good enough. You need to customize it in a manner that makes it easier [...]

Deep Dive in May COVID Job Losses and Gains

Since the COVID Event started, The US has had over 42M unemployment claims and lost 17.7 million jobs. Both numbers are interesting to follow. Keep in mind that when a person goes back to work, the unemployment stops, but they are still tallied in a previous week’s unemployment Typically the unemployment claims and job losses/gains move in a tightly coupled manner. We do not expect to see that for a while. In May we had 9.6M Unemployment claims and added 2.27M jobs back. While 2.27 sounds good, we are still down 17.7M jobs since February. Take the good news [...]