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Over the last several years manufacturing employment has fluctuated for a variety of reasons. The aging workforce, the collapse of labor-intensive commodity manufacturing here in the US and the expansion of super-productive advanced manufacturing have reduced the number of people necessary to exceed production rates in US manufacturing plants. The proof can be seen in North American robotic sales statistics. 2016 was projected to go down as a record breaking year for robot orders and shipments in North America. “Overall, North American companies have ordered a value of $1.3 billion robots (around 23,985 robots) just in the first nine months of 2016! This is a 7% increase in units and 3% increase in dollars when compared to 2015, which held the previous record. According to RIA, there are around 269,000 robots in North American factories, third to Japan and China. RIA states that these record sales were driven by the strong demand from automotive OEM’s and component suppliers. In this industry alone, robot orders were up 14% before the year’s end. In addition, the food and consumer foods industry continues to increase by an astonishing 40%, every year.” This trend has created a heightened need for manufacturers to have even more educated, highly technical employees.
Continue reading Robots are hot! at Richmond Group USA News.
The improving economy seems to be bringing with it increased opportunity for advancement in the construction industry, both for individual workers and companies as a whole.
Continue reading Construction jobs on the rise nationwide at Richmond Group USA News.
The healthcare field has a growing need for workers but may not necessarily have all the tools in place to meet those requirements.
There were 89,000 people working as information security analysts in the U.S. in 2016.
Continue reading Information security jobs reached new high in 2016 at Richmond Group USA News.
More than half of Americans say that they would support clean energy development over fossil fuel advancement.
Facing pressure, Kruger joins other U.S. companies announcing employment plans.
The Wall Street Journal reported, “The final full month of President Barack Obama’s term was the 75th straight month U.S. employers added jobs. That extended the longest such stretch on record back to 1939. The unemployment rate was at the lowest level to end a year since 2006, well down from the 7.8% level recorded when he took office in January 2009, during a deep recession, and from a peak of 10% early in his presidency.” This is certainly positive news, but with reservations. There is a definite tightening of the overall labor market with some industries struggling to find employees with the necessary skills. At the same time, a sluggish global economy helped keep business expansion plans in check. Production numbers at US factories are steadily rebounding from hitting a rough patch in late 2015 and early 2016, which was caused by the decline in energy prices. The declines led to cutbacks in orders for equipment and pipelines, while a stronger dollar and slower economic growth abroad hurt exports. As we start a new year, with a new President, it will be interesting to see if the economic recovery will maintain its slow, steady pace.
Bruce Peacock
Vice President of Business Development
The Richmond Group USA
Continue reading Things Are Good to Start 2017, but Could Be Better at Richmond Group USA News.
2016 went out with a bang, not a wimper on the employment front. The US economy added 156,000 jobs in December, and unemployment hovered at 4.7 percent, close to a nine-year low. In addition, according to Fierce Biotech, VC funding in the life sciences was on course to be the second highest ever recorded. In a tight labor market with loads of venture money being used to create even more jobs, one might be bewildered on how to attract the best talent when candidates have several opportunities from which to choose.
The answer lies in investing on how to attract the Millennial generation as this generation is now reaching the age of senior scientific, engineering and middle management positions within the Life Sciences. Those positions are the exact positions that are becoming critical to the continued progress of companies as GenXers move into directorships and Baby Boomers start to leave the upper ranks altogether.
4 Takeaways with Millennials are: (1) Despite what you might think, Cash is King ; (2) You’re online reputation is key to attracting them; (3) Having a clear path forward regarding career growth is key to retaining them; and (4) They are in the driver’s seat regarding the hiring process (at least for now).
Continue reading Adjusting Your Hiring To Changing Demographics at Richmond Group USA News.
New report reveals insight into energy efficiency employment in the U.S.
A recent analysis by LinkedIn revealed that some of the largest annual bonuses are doled out in the healthcare industry.