The TriNet SMBeat employment index is up 11% compared with the same time last year. Additionally, this month, the index increased 0.5%, moving from 200 to 201. The hiring rate index is the same as the last three months, with a value of 68.
The construction sector had the strongest month-to-month gain across all industries, increasing by 2.2%. Furthermore, the construction sector replaced the information sector—which had showed the greatest industry gains for six months in a row—at the top of the industry ranking. Other industries that performed well this month were the information and leisure, and hospitality sectors, with increases of 1.8% and 1.3%, respectively.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.