Top Industries Hiring in 2019

Sure, June’s solid job creation helped ease some concerns of a slowing economy — but it’s always in your best interest to take advantage of the tight labor market while you can.

One method: know where the jobs are.

WHERE THE JOBS ARE

High-earning jobs like registered nurses, accountants and auditors are expected to grow 5.71% through 2023, according to CareerBuilder. In fact, the unemployment rate for accountants and auditors was a low 1.5% in June — helping to illustrate this trend. Low-wage positions are also set to experience sizable growth, while middle-wage roles is a moderate 3.83%

Several key sectors have helped drive the economy in Q1 and Q2, with professional and business services, health care and education and leisure and hospitality leading the way. But other sectors made notable gains in June, according to the U.S. Bureau of Labor Statistics.

2019’S TOP INDUSTRIES

Here are a few of the top industries that are hiring into 2019’S Q3 at a glance:

Top Industries Hiring in 2019

 

 

 

 

 

 

 

 

 

 

 

Source: BLS

PROFESSIONAL & BUSINESS SERVICES: Since January 2019, this industry has added an average of 35,000 jobs per month, which is down from last year’s average monthly gain of 47,000. Still, professional and business services led growth in June with 51,000 added jobs.

Browse Professional and Business Services Jobs »

EDUCATION AND HEALTH SERVICES: This supersector added 35,000 jobs in June 2019 — averaging a total of 403,000 over the past 12 months. BLS notes that the most growth took place in ambulatory health services and hospitals.

Browse Health Services Jobs »

TRANSPORTATION AND WAREHOUSING: According to BLS, this industry added 24,000 jobs last month. Top gains included couriers, messengers and air transportation.

Browse Transportation Jobs »

CONSTRUCTION: Hiring in the construction industry continued to trend up in June, adding 21,000 jobs.

Browse Construction Jobs »

MANUFACTURING: After an overall disappointing early half of 2019, manufacturing employment added 17,000 jobs at the end of Q2. The areas that edged up included computer and electronic products and plastic and rubber products.

Browse Manufacturing Jobs »

Financial Job Outlook

Financial Job Outlook
Everyone I talk with, clients and candidates, are interested to find out the status of the job market. Why not, listening to the news there is no shortage of layoffs. The media and companies have given up the euphemisms such as “right sizing” or “downsizing” and settled on the plain language of “lay offs”. Those in accounting and finance are faring better than most I talk with in other disciplines. Without a doubt it is slower today than even six months ago, the days of landing two job offers in two weeks are gone. Still there exists a fair demand for talented accounting and finance professionals.

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Reduce the number of stressors affecting your company’s executive team

A recent article published by Forbes Magazine emphasizes an often underappreciated point about holding executive jobs: it may yield great benefits, but it also causes significant stress.

Using the example of JPMorgan Chase CEO Jamie Dimon, whose company is currently reeling from recently revealed trading losses totalling billions of dollars, the piece examines how executives can suddenly find themselves dealing with periods of particularly intense stress.

The article also cites a report from health.com investigating the unconventional health risks associated with different professions. Relying on input from healthcare professionals, the site offers a brief analysis of the risks posed to individuals who hold executive positions.

“We know that too many hours at work takes away hours that could be used for health-promoting activities,” explains Dr. L.Casey Chosewood, senior medical officer for the Total Worker Health program at the National Institute of Occupational Safety and Health. “Often senior leaders have these very driven, type-A personalities – something that’s already associated with increased heart disease risk.”

Other types of office workers were also identified as having elevated risk of developing various conditions and diseases such as obesity, back pain, repetitive stress injuries and heart disease.

However, some stressors can be relieved by outsourcing services. For instance, working with corporate recruiters can help significantly reduce the level of stress experienced by your company’s executive team.

Especially if multiple positions are vacant and corporate leaders are simultaneously responsible for picking up the slack and searching for suitable replacements, the stress of keeping so many balls in the air at once can become overwhelming. Exhausted leaders can’t devote their full mental capacity to making important decisions, which can have serious ramifications.

That’s why it makes sense to share the burden with professional recruiters, who bring their experience and full-time focus to the task of finding high-quality candidates for a company’s open positions.

At tech event, Apple CEO Tim Cook talks about assembling a solid leadership team

On the first day of the recent “D: All Things Digital” technology conference, Apple CEO Tim Cook took the stage for an in-depth interview with the event’s hosts.

On the first day of the recent “D: All Things Digital” technology conference, Apple CEO Tim Cook took the stage for an in-depth interview with the event’s hosts. Discussion covered various topics, including Cook’s leadership of Apple, the legacy of his predecessor, Steve Jobs, and general trends in the technology market.

Cook appeared to be primarily interested in keeping the conversation focused on Apple’s product line, but he also had much to say on the subject of effective corporate leadership and team-building. He said he was working to preserve the innovative corporate culture at Apple and ensure that it remained a place where people wanted to work.

He also stressed the value of maintaining the loyalty of top people. “We have a privilege, because if I look around the executive team, many of the people are people I have been working with for double-digit years,” Cook said. But of course, in order to retain talented individuals, you have to hire them first.

One of the best ways for a company to ensure that it is filling its most important executive jobs with high-caliber individuals is to conduct searches in coordination with an executive recruiting firm. Working with professional recruiters adds an extra dimension to any given candidate search, as they bring an intensive focus and an unmatched level of experience to the hiring process. This allows them to ensure that applicants are thoroughly qualified and only selected for positions at companies where they can excel.

In fact, that’s exactly how Steve Jobs came to hire Tim Cook as Apple’s chief operating officer (COO) in 1998. Working with professional recruiters helped him identify the man who would not only govern Apple’s worldwide operations for over two decades, but ultimately succeed him as CEO. And, Cook continues to stand as a firm reminder of the value of working with a quality executive recruiting firm.

Reputation is important, but character is the key

All business owners and executives know that reputation is important. However, a person’s character is every bit as important as his or her reputation, if not even more so, and the two may not necessarily match up perfectly.

All business owners and executives know that reputation is important. Especially with growing consumer access to the internet, disreputable companies and individuals are subject to public ridicule and alienation from potential partners and customers.

However, a person’s character is every bit as important as his or her reputation, if not even more so, and the two may not necessarily match up perfectly. Reputation is all about perception: it only refers to what other people expect from an individual. A reputation may be hard-earned and accurate or it may be wildly off-the-mark. Any person could hypothetically have any reputation.

A warrior with a reputation for fearlessness may still turn and run from a dangerous battle. But, those with bravery at the core of their character would stand firm, regardless of the odds against them.

Therein lies the difference between the two traits. Character is all about what a person will do, rather than what other people expect of him or her. And, in business, it is the character of an executive that matters most.

Of course, leaders may often need to take into account the impact that their actions will have on their reputations, but organizations always need to carefully consider the character of any candidate who they are considering for a high-level office. Especially when it comes to filling jobs in finance, it is crucial to select individuals of great integrity to hold the most influential positions. That’s why it pays to always work with a firm of professional recruiters when conducting an important financial professional search.

The staff at executive recruiting firms have expertise in looking past people’s reputations to examine the character of each candidate. This helps a company guarantee that it is really hiring a high-quality performer, rather than a hyped-up pretender.

How businesses can hire, motivate and retain top quality employees

All business professionals want to work with other talented individuals. However, many employers may be unsure of how they can best go about motivating high-caliber workers in a way that builds their interest in the job and sense of loyalty to the company.

All business professionals want to work with other talented individuals. However, many employers may be unsure of how they can best go about motivating high-caliber workers in a way that builds their interest in the job and sense of loyalty to the company.

One highly effective strategy for maintaining employee loyalty is to give workers at least some level of control over their day-to-day situation. Whether it’s allowing flexibility in their time management or simply offering a channel for employees to voice their opinions to those in higher levels of management, making workers feel that they have a degree of influence over the direction of their jobs can provide a great boost to morale.

In the same vein, it is important to recognize that every employee is different. Each worker may respond best to a different style of management and it is critical to account for this. Incentives that may greatly motivate one type of employee may have no effect on others. Interacting with each staff member in their preferred style of engagement can make a huge difference in how management efforts are interpreted and what impact they have on employee loyalty.

This highlights the importance of engaging with employees and encouraging them to make it clear what works for them. Managers and workers should maintain open lines of communication at all times to ensure that good ideas get to the decision-makers and that all employees feel connected to the company as a whole.

Of course, building a quality staff starts with hiring talented individuals. Working with a firm of corporate recruiters helps a company to guarantee that is putting itself in the best possible position to allow it to attract the most qualified candidates with the best attitudes. Professional recruiters rely on the depth of their experience to guide their decision-making and match individual job-seekers to companies where they can thrive.

Advice for forming partnerships with large companies

A business of any size can benefit from forming a partnership with a large corporation.

A business of any size can benefit from forming a partnership with a large corporation. Well-established companies can offer insight into how the industry works and what your business can do to survive and thrive in the future.

Of course, you have to make certain that your team is ready for the challenge before jumping into anything. Dropping the ball in a big-league partnership can embarrass your organization and hinder future networking efforts.

Even if your company appears to be up to par, it is still a good rule to start out on a small scale. You can be building toward a bigger partnership for the future while making sure that you aren’t overextending your staff in the present. You also want to avoid coming on too strong. You may think it shows ambition to pitch a big project, but in the more experienced eyes of your potential partner, it may look more like naivete. Avoiding the “hard sell” is a good general rule when it comes to working with other companies that are more established than your own.

It is also an excellent idea to bring a good lawyer with you when you ink the deal. It may seem like a confrontational action, but real professionals will appreciate that it is simply the smart thing to do.

By far, the most critical factor affecting your ability to form a meaningful partnership with a big business is the overall quality of your executive team. Large corporations want to know that there are level-headed decision makers in charge of a company before they enter into any serious arrangements.

This is just one of the reasons it makes sense to conduct every executive search in coordination with a firm of corporate recruiters. When you work with hiring experts, it guarantees that you will get the most out of your efforts, as professional recruiters are able to apply their experience to each search and ensure that any candidate they bring to a company is capable and qualified.

Never ask a busy executive to meet you for lunch

In reality, there is a very good reason why most executives rarely have lunch meeting. It is a huge time sink.

A lot of people probably assume that those who work in business are always meeting each other for lunch, based on the way such meetings are portrayed in popular culture. In reality, there is a very good reason why most executives rarely have lunch meeting. It is a huge time sink.

Between driving to the restaurant, waiting for service and eating at an awkwardly slow pace because the real point of the get-together is to talk – meetings held over lunch wind up taking much longer than necessary. And when you're dealing with busy executives, you'll find that they don't have time to waste traveling to and from drawn-out lunch meetings that could be conducted quickly and easily in the office.

So, the next time you want to get together and talk with someone who you know has a lot on their plate already, don't invite them to lunch. Take the advice of entrepreneur Mark Suster and be direct. Ask if you can stop by the person's office for half an hour. Offering to pick up coffee on the way can be a great way to score bonus points.

Just as executives don't have all the time in the world to go out for lunch all the time, they are also pressed in many other areas. For instance, running the company's hiring process can be immensely time consuming, involving many separate tasks and necessitating a lot of irregular scheduling. Also, communication during the hiring process is critical and should be conducted with careful focus.

That's why it makes sense to work with professional recruiters. Hiring experts work full time, focusing only on the task at hand, which is to find qualified candidates for a company's vacant positions. This removes a lot of stressful time commitments from the plates of businesses' decision-makers and guarantees the quality of a hiring process because human resource professionals are able to bring their experience and complete focus to the job.

Cast a wide net when fishing for talent

As anyone in business can tell you, it can be tough to find high-quality candidates, especially when a critical position is left vacant at an inopportune moment.

As anyone in business can tell you, it can be tough to find high-quality candidates, especially when a critical position is left vacant at an inopportune moment.

There can be a lot of pressure on a company’s leadership to fill an empty position as quickly as possible. But, conducting a talent search is time consuming, especially when it comes to more complex roles. Executing a proper financial professional search can be a grueling experience.

At the same time, the responsibilities associated with the vacant position have to be temporarily distributed among other workers. Thus, upper-level staff can suddenly find themselves buried in work that they aren’t used to doing at the same time that they are scouring for an appropriate replacement to fill the empty position. The ensuing stress can be significant.

Obviously, the best bet for resolving the situation quickly is to cast as wide a net as possible. This means exploring new and diverse sources of applicants. Placing ads in the newspaper and sitting back to wait for calls will not cut it in 2012.

There are a wide variety of online job listing and search sites and social networks are gaining traction as a source of job information and applicants. Temporary employees can be brought in to help manage the workload while a permanent replacement is sought. Some companies may even be able to implement a recruiting program targeting universities or professional training services.

It is also worthwhile to consider whether or not the person currently in charge of hiring is the best fit for the job. Even outstanding entrepreneurs aren’t necessarily the best hirers.

When it comes to searching for talented financial professionals to fill critical roles, the best thing a company can do for itself is to contact a firm of corporate recruiters. Hiring professionals are able to dedicate their full time and attention to conducting the most thorough search possible, allowing them to use their expertise to bring the right individuals and employers together.

Optimize your business abilities with worldly experience

As much as everyone draws comfort from familiar surroundings, it is essential that business owners and other decision makers at a company have experience from outside of their comfort zone.

As much as everyone draws comfort from familiar surroundings, it is essential that business owners and other decision makers at a company have experience from outside of their comfort zone.

Narrowly focused individuals, even if they excel tremendously in one area, will ultimately find themselves at a disadvantage when it comes to maneuvering in an increasingly diverse business world. Even a top talent in finance will be limited in his or her effectiveness without at least some background in dealing with different people and situations.

Groups of like-minded people making decisions without outside influences or input can lead to an “echo chamber” effect, in which the same ideas bounce back and forth, reinforcing each other and preventing new thoughts from moving in different directions from the standard.

Fortunately there are many things an open-minded person can do to gain world experience and improve their critical thinking and decision-making capabilities.

Travel can be an incredibly enriching experience. Seeing the conditions in which other cultures live – and in which foreign consumers and corporations buy and sell – can offer useful insights into how to approach new markets or build partnerships with international businesses.

Another good way to easily expand your knowledge base and your ability to work with information is to read. Especially when you expose yourself to a diverse range of ideas and opinions, you can make huge improvements in your ability to work with different individuals and see multiple sides of issues.

Just as individuals and organizations benefit from diversity, so too does a recruitment process. This is a good reason to consider working with a firm of professional recruiters.

Executive search experts can take the time to find the best applicants with the widest range of experience. Instead of relying on networking only with closely-linked candidates, expanding your executive or financial professional search through a recruiting firm will open up the process to include individuals with a variety of backgrounds and experiences. This helps ensure that the most well-rounded applicant is selected.