U.S. Job Listings Decline (Again)
The Simply Hired U.S. Employment Outlook report for October 2015 reveals a 3.52 percent decline in job listings.
This marks the second consecutive month of decline in U.S. job listings, despite job listings remaining up 10.98 percent from January 2015. In addition, the Simply Hired report shows that job listings decreased in all of the 25 largest U.S. metros in October, with the largest declines seen in Sacramento, CA (-5.15 percent month-over-month) and Denver, CO (-5.07 percent).
“Although job listings were down 3.52% month-over-month in October, there are currently more than 4.5 million open jobs available across the U.S., a significant increase of 10.98% compared to the number available in January 2015,” said James Beriker, President & CEO of Simply Hired. “The holiday season brings opportunities for retail work, and major retail companies like Walmart and Toys-R-Us are going public with their commitment to turn seasonal workers into full-time employees.”
The report did have a bright spot when it came to the retail industry, as the data shows that retail job listings increased more than 50 percent from September to November to represent nearly 20 percent of all job openings across the country. These listings are likely a result of the upcoming holiday season. In fact, 55 percent of the listings are for sales associates and cashiers, while other jobs in demand include shift leaders and managers, stock clerks, merchandise display staff and loss prevention staff. The cities with the most retail listings include New York, Los Angeles, San Francisco, Chicago and Boston.
It is also important to note that companies are looking for seasonal employees with technological knowledge, with requirements like “ability to use technology” or “familiar with technology” tripling in retail job descriptions over the past two years.
Lastly, the report shows that retail wages vary greatly by role and geography, with the average nationwide hourly wage for a retail worker coming in at $10.16. Conversely, the highest paying jobs include shift leaders who average $24.25 per hour in New York and $23.38 per hour in the San Francisco Bay Area.