6 industries that can’t find workers fast enough
By Catey Hill | MarketWatch – Fri, 5 Dec, 2014 10:18 AM EST
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One in three open positions now remains unfilled for longer than three months, site data reveal - a number that’s been rising recently. “Organizations are having a really tough time filling certain positions,” says Paul D’Arcy, the senior vice president at Indeed. “Vacancies are rapidly growing.”
Of course, some of this may be that organizations drag their feet in the hiring process, waiting to find the perfect fit or to deal with administrative and budgetary snafus. But in many industries where job vacancies linger longest, it’s more a problem of pay and/or skill demands, says D’Arcy.
“This pain is felt really clearly in a certain set of industries … what we are seeing is this happening a lot in a set of industries that don’t pay as much [and sometimes] require a bunch of skills,” he says. In these kinds of cases, he says, job candidates may be turning to more lucrative fields like health care and tech instead of taking lower-paying jobs that also require specified skills.
Here are six industries where unfilled jobs remain open for longer than average, according to custom data that Indeed.com ran for MarketWatch.
Getty Images MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Accommodation and food service
Nearly 43% of open jobs in the accommodation and food service industry (this industry is composed mostly of businesses that provide customers with lodging and/or food) remain unfilled for longer than three months — meaning this industry has the longest lead time in filling jobs. On Indeed.com, some of the jobs that remain open the longest include shift supervisor trainee, barista and shift supervisor. The low pay could be partially to blame, as wages are only about $13 an hour on average for all employees and $11.50 for nonsupervisory employees, according to the Bureau of Labor Statistics.
While this, of course, isn’t good news for the businesses, it may be for job seekers. “It’s a message of empowerment for job seekers,” says D’Arcy. Even those that don’t necessarily meet all the job listing criteria may be able to score a job — especially if they demonstrate enthusiasm and competence during the interview.
Getty Images MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Educational services
This industry — in which 38.9% of jobs remain open for more than three months — is composed of schools, training centers and other businesses that provide instruction and training to consumers. The pay is highly variable, ranging from a median of less than $25,000 a year for teacher’s assistants to more than $88,000 for education administrators in elementary and secondary schools. Some of the jobs that tend to remain open for a while include teaching positions like assistant teachers.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Manufacturing
While there tend to be fewer and fewer jobs in this industry, those jobs that are open don’t get filled very quickly (38.4% of job openings remain open for longer than three months). One of the reasons these jobs don’t get filled quickly may have to do with the fact that not many new people are seeking jobs in the field and that “employers are becoming increasingly picky — they want specific technical skills or experience and there is a very narrow pool of people with those specifics,” says D’Arcy. Some positions that remain open for a long time include tool rental technician, team lead and crew member. The pay isn’t great — about $19.60 an hour on average for nonsupervisory employees — but it’s still well above average.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Mining and logging
Like with manufacturing, there aren’t a ton of jobs in this sector — the BLS estimates that fewer than 100,000 people are employed in the U.S. in the natural resources and mining fields — but the pay is decent at $31 an hour for all employees and $27 an hour on average for nonsupervisory employees. Still, more than 36% of the jobs in this industry stay open for longer than three months (likely for similar reasons that manufacturing jobs stay open, says D’Arcy) with jobs like crew member, crew foreman and field supervisor staying open a particularly long time, says Indeed.com.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Transportation, warehousing and utilities
This industry — where pay tends to be pretty low (about $21.50 an hour for all employees and $18 an hour for nonsupervisory employees, but more for those in the utilities arena) is pretty wide ranging and basically includes those who provide transportation for both passengers and cargo, warehousing for goods and work for utility services like electric and gas companies. According to Indeed.com, some jobs that tend to stay open a while include flight attendant, freight broker and dispatcher.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Wholesale and retail trade
Jobs in both the wholesale trade (this is composed of businesses that sell wholesale merchandise and the services associated with it) and the retail trade industries (this includes businesses that engage in retailing merchandise and the services associated with it, according to the BLS) stay open for longer than average. In the case of retail trade, this may have to do with the low pay ($14.50 an hour for nonsupervisory employees and $17 for supervisory ones, vs. $23 an hour for nonsupervisory employees and $28 for supervisory employees in the wholesale trade industry). Jobs that stay open awhile include wholesale planner, regional sales director and merchandise operations manager.
Catey Hill covers personal finance and travel for MarketWatch in New York. Follow her on Twitter @CateyHill.
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Companies are clearly looking for employees — in the first
nine months of 2014 alone, companies created roughly two million new
jobs — but they aren’t always able to fill their open positions quickly.
And that’s costing them big time — nearly $160 billion a year,
according to research conducted by the Centre for Economic and Business
Research and job site Indeed.com.One in three open positions now remains unfilled for longer than three months, site data reveal - a number that’s been rising recently. “Organizations are having a really tough time filling certain positions,” says Paul D’Arcy, the senior vice president at Indeed. “Vacancies are rapidly growing.”
Of course, some of this may be that organizations drag their feet in the hiring process, waiting to find the perfect fit or to deal with administrative and budgetary snafus. But in many industries where job vacancies linger longest, it’s more a problem of pay and/or skill demands, says D’Arcy.
“This pain is felt really clearly in a certain set of industries … what we are seeing is this happening a lot in a set of industries that don’t pay as much [and sometimes] require a bunch of skills,” he says. In these kinds of cases, he says, job candidates may be turning to more lucrative fields like health care and tech instead of taking lower-paying jobs that also require specified skills.
Here are six industries where unfilled jobs remain open for longer than average, according to custom data that Indeed.com ran for MarketWatch.
Getty Images MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Accommodation and food service
Nearly 43% of open jobs in the accommodation and food service industry (this industry is composed mostly of businesses that provide customers with lodging and/or food) remain unfilled for longer than three months — meaning this industry has the longest lead time in filling jobs. On Indeed.com, some of the jobs that remain open the longest include shift supervisor trainee, barista and shift supervisor. The low pay could be partially to blame, as wages are only about $13 an hour on average for all employees and $11.50 for nonsupervisory employees, according to the Bureau of Labor Statistics.
While this, of course, isn’t good news for the businesses, it may be for job seekers. “It’s a message of empowerment for job seekers,” says D’Arcy. Even those that don’t necessarily meet all the job listing criteria may be able to score a job — especially if they demonstrate enthusiasm and competence during the interview.
Getty Images MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Educational services
This industry — in which 38.9% of jobs remain open for more than three months — is composed of schools, training centers and other businesses that provide instruction and training to consumers. The pay is highly variable, ranging from a median of less than $25,000 a year for teacher’s assistants to more than $88,000 for education administrators in elementary and secondary schools. Some of the jobs that tend to remain open for a while include teaching positions like assistant teachers.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Manufacturing
While there tend to be fewer and fewer jobs in this industry, those jobs that are open don’t get filled very quickly (38.4% of job openings remain open for longer than three months). One of the reasons these jobs don’t get filled quickly may have to do with the fact that not many new people are seeking jobs in the field and that “employers are becoming increasingly picky — they want specific technical skills or experience and there is a very narrow pool of people with those specifics,” says D’Arcy. Some positions that remain open for a long time include tool rental technician, team lead and crew member. The pay isn’t great — about $19.60 an hour on average for nonsupervisory employees — but it’s still well above average.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Mining and logging
Like with manufacturing, there aren’t a ton of jobs in this sector — the BLS estimates that fewer than 100,000 people are employed in the U.S. in the natural resources and mining fields — but the pay is decent at $31 an hour for all employees and $27 an hour on average for nonsupervisory employees. Still, more than 36% of the jobs in this industry stay open for longer than three months (likely for similar reasons that manufacturing jobs stay open, says D’Arcy) with jobs like crew member, crew foreman and field supervisor staying open a particularly long time, says Indeed.com.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Transportation, warehousing and utilities
This industry — where pay tends to be pretty low (about $21.50 an hour for all employees and $18 an hour for nonsupervisory employees, but more for those in the utilities arena) is pretty wide ranging and basically includes those who provide transportation for both passengers and cargo, warehousing for goods and work for utility services like electric and gas companies. According to Indeed.com, some jobs that tend to stay open a while include flight attendant, freight broker and dispatcher.
Bloomberg MA MB MC MD ME ZG ZH ZQ ZR ZS ZT ZU Wholesale and retail trade
Jobs in both the wholesale trade (this is composed of businesses that sell wholesale merchandise and the services associated with it) and the retail trade industries (this includes businesses that engage in retailing merchandise and the services associated with it, according to the BLS) stay open for longer than average. In the case of retail trade, this may have to do with the low pay ($14.50 an hour for nonsupervisory employees and $17 for supervisory ones, vs. $23 an hour for nonsupervisory employees and $28 for supervisory employees in the wholesale trade industry). Jobs that stay open awhile include wholesale planner, regional sales director and merchandise operations manager.
Catey Hill covers personal finance and travel for MarketWatch in New York. Follow her on Twitter @CateyHill.
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