2019 Job Seeker Outlook
Is a new job on your list of new year’s resolutions? If so, this is your year! According to Forbes, the “outlook has never been so bright” for those seeking employment in 2019. From a historically-tight labor market to an increase in employer hiring intentions, here’s what 2019 has in store for job seekers:
- Unemployment in the U.S. is historically low: According to the U.S. Bureau of Labor Statistics’ most recent jobs report, the national unemployment rate has fallen to an eighteen-year low of 3.7 percent while hiring is up. Economists expect this trend to continue into 2019, which gives job seekers the upper hand.
- The new year may offer better company benefits and higher wages: The U.S. News noted 6 trends to watch in 2019, including rising wages, bolstered benefits, relaxed hiring standards, new recruiting techniques, diverse employment opportunities in technology and sexual harassment policy changes.
- Employers plan to increase their hiring of recent college graduates: The National Association of Colleges and Employers reported that employers plan to hire 6 percent more members from the Class of 2019 than from the previous graduating class. Graduates can thank the improved economy, company growth, anticipated retirements, increased focus on early talent/success planning and the conversion of a higher percentage of interns into permanent employees for this positive outlook.
Atlanta, Nashville, Huntsville and Birmingham all landed on WalletHub’s 2019 List of Best Cities to Find Jobs. If you’re looking for a new opportunity or a candidate to fill an open position, there’s an ITAC team in each of those cities ready to help. Contact us today!