Enterprise Insights | January 2019
Welcome to the second edition of Enterprise Insights, which we’re excited to start sharing here on the Recruitment Innovation Exchange (RIX)! Missed the first one? Catch up here. This monthly digest contains the latest industry news, useful information from our marketplace partners, and ideas and insights from Bullhorn and RIX. Keep reading or click below to scroll down to a topic that catches your eye!
Industry News: Must-Read Articles about the Workforce Ecosystem
- Job growth surges by 312,000 in December.
- Amazon’s Virginia regional HQ is focused on veterans as a talent pool.
- IT job growth posted a small gain in November from October after declining in the prior month, according to TechServe Alliance.
Marketplace Milestones: Updates from the Bullhorn Marketplace
- Thinking #FutureForward at SIA Executive Forum Europe 2018.
- Unlocking female talent takes a flexible key.
- LinkedIn continues to measure and improve diversity.
Around the Horn: Ideas and Insights from Bullhorn and RIX
- STEM the Tide: Why the U.S. Has a STEM Shortage and How to Fix It [Part 1]
- The Experts: Yvette Cleland on Reskilling and Upskilling [VIDEO]
- Job Boards: Challenge, Opportunity, and Changes Ahead
Industry News: Must-Read Articles about the Workforce Ecosystem
Job growth surges by 312,000 in December.
December numbers blew past expectations (312,000 compared to 176,000 predicted). But unemployment actually rose to 3.9%. “Economists surveyed by Dow Jones had been expecting job growth of just 176,000, though they projected the unemployment rate to fall to 3.6 percent. The wage number also was well above expectations of 3 percent on the year and 0.3 percent from November.” READ MORE
Amazon’s Virginia regional HQ is focused on veterans as a talent pool.
“Amazon.com Inc.’s planned regional headquarters in the heart of the U.S. military establishment is creating a new potential battleground for veterans. This time, the fight is for them. Amazon says it wants to hire 25,000 staff for its planned facility near Washington, D.C., over the next several years. That would be almost a sixth of the existing private-sector workforce for defense contractors and government IT specialists in the area.” READ MORE
The number of IT jobs in the U.S. ticked up by 0.18% sequentially in November to more than 5.3 million. “‘After declining in October, IT employment edged into positive territory in November,’ TechServe Alliance CEO Mark Roberts said. ‘While performing better than last month, we remain in a challenging environment for IT job growth.’” READ MORE
Marketplace Milestones: Updates from the Bullhorn Marketplace
Thinking #FutureForward at SIA Executive Forum Europe 2018.
The topic of automation and artificial intelligence took center stage at Staffing Industry Analysts’ recent Executive Forum Europe 2018 in London. How will automation and artificial intelligence impact the recruitment industry? Chris Hague, EMEA Sales Manager at CloudCall, explains and discusses more event takeaways in this recap post. “#ExecForum concluded with a big debate this year about Artificial Intelligence and other technologies, The Big Debate: Artificial Intelligence and Other Technologies will Eliminate 50% of All Recruiting Jobs by 2030. Panelists argued for or against whether AI and other technologies will have an impact on staffing.” READ MORE
Unlocking female talent takes a flexible key.
The conversation around women in leadership continues swirling, specifically about helping businesses address gender diversity. Juliet Turnbull, Founder of recruitment site 2to3days, which partners with Broadbean, explains why flexible work is the key to unlocking gender diversity in the workplace. “Flexible working is always a hot topic. While some are sold on the benefits, others grudgingly do the statutory minimum – seeing flexibility as an occasional necessary evil, not a smart strategy. Yet organisations are under pressure to recruit experienced women to senior roles and address historical gender imbalances.” READ MORE
LinkedIn continues to measure and improve diversity.
And, of course, diversity and inclusion is still incredibly important in the workplace. Rosanna Durruthy, LinkedIn’s Global Head of Diversity, Inclusion, and Belonging, shares perspectives on how LinkedIn is measuring and improving diversity, inclusion, and belonging. “We believe diversity, inclusion, and belonging is about how you build a thriving community of diverse professionals – one with different perspectives, ideas, backgrounds, demographics, styles, and voices that contribute to a culture of compassion, relationships that matter, and consistent member focus.” READ MORE
Around the Horn: Ideas and Insights from Bullhorn and RIX
STEM the Tide: Why the U.S. Has a STEM Shortage and How to Fix It [Part 1]
The first article in this series explores the magnitude of the STEM shortage and some of its leading causes. “It’s evident that there is an overarching consensus that younger generations don’t understand how STEM skills translate into real-life applications. While academics may love the term ‘STEM,’ it may inadvertently be confusing youth to believe that the fields of science, technology, engineering, and mathematics are just four kinds of the same subject.” READ MORE
The Experts: Yvette Cleland on Reskilling and Upskilling [VIDEO]
Watch this video to hear Yvette Cleland, CEO of the Clinical Professionals Group, discuss why reskilling and upskilling will be a major topic of conversation in the recruitment industry in 2019. “I think staffing in the next three to five years is going to go through its largest and probably most dynamic change… We have to find other areas where we are adding value to our client base, and where else could you add more value than by creating the skills that your client needs in order to grow?” WATCH VIDEO
Job Boards: Challenge, Opportunity, and Changes Ahead
Kyle Power, Sr. Director of Interactive Marketing at CHG Healthcare Services, shares thoughts on the opportunity that exists for job boards and recruiters who use them effectively. “Job boards that stay focused and deliver value to the job seeker and the recruiting industry will always be relevant and act as a valuable partner to recruiters. Having a customer-first mentality and a willingness to take risks is key to the future success of job boards.” READ MORE
We hope you enjoyed the January edition of Enterprise Insights. Stay tuned for more exciting content next month! In the meantime, please let us know if there are any particular topics you’d like us to cover: enterpriseinsights@bullhorn.com.
