US News

Construction jobs increase across the nation

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construction2Recent numbers released by the U.S. Bureau of Labor Statistics revealed that the construction industry is picking up steam across the nation. In addition to the District of Columbia, 37 states increased their jobs within this field between October 2013 and October 2014.

Florida took the lead, adding nearly 39,000 positions, increasing the sector’s employment by over 10 percent. Texas followed closely behind, creating 38,500 positions and expanding its industry by 6.2 percent. California added 34,300 openings, while Illinois gave work to almost 15,000 people in the field. Other states that experienced significant increases include Utah, North Dakota and Wisconsin. Some of the states not following this nationwide trend include New Jersey, Mississippi, Kentucky and West Virginia, all of which saw a decline in construction employment.

A press release noted that many states appearing to experience job loss within the industry are actually having trouble filling spots, making it hard for smaller companies to accept projects.

“Many firms are having a hard time expanding their payrolls as wages rise, costs grow and market demand remains varies greatly from one segment to the next,” said Stephen E. Sandherr, BLS’ chief executive officer, in the release.

US News

Advances in health care prompt new job creation

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Smiling blonde nurse working in hospitalA recent AMN Healthcare survey of the medical care industry revealed that as advances are being made in medicine and health care management and organization, a variety of new jobs have appeared.

The report surveyed over 300 clinical and human resource professionals responsible for hiring in the U.S. medical industry. Eighty-six percent of these leaders said they recognized a need for new positions in the health care field. Many of these new jobs are coming as a result of changes in government policies and a growing elderly population.

Some of the new jobs that have been created include roles like medical scribes responsible for entering patient data into electronic healthcare systems, which are now legally required for clinical organizations. Health coaches, or people responsible for motivating and helping patients achieve certain wellness goals, are another example of never-before-seen medical positions. Additionally, the survey revealed a need for things like care coordinators who oversee patient transitions between different facilities and telehealth-trained care providers, or doctors or nurses who can diagnose and treat patients through exclusively virtual interactions.

“Healthcare is the most dynamic employment sector in the country, not only in job growth but now also in the emergence of new types of jobs. High demand for healthcare professionals will continue for the foreseeable future. This survey suggests that healthcare providers will need help in preparing for it,” stated Susan Salka, President, CEO and Director of AMN Healthcare, in a press release.

Central US, Engineering, Manufacturing, Marketing, Midwest US, North America, Northeast US, Pacific US, Southeast US, Southwest US, US News

US Unemployment Is At a 6 Year Low

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The Institute for Supply Management (ISM) reported this month that employment in US manufacturing grew in October for the 16th consecutive month, registering 55.5 percent, which is an increase of 0.9 percent above the September reading of 54.6 percent.  Overall, US job growth increased with US employers adding 214,000 new jobs in October and pushing the unemployment to a six-year low of 5.8.  While there has been some uncertainties overseas, the US economy still seems to be moving in a positive direction.  This is all pointing to a stronger demand for technical and management talent as we head into the start of the New Year.

Biotechnology, Engineering, Life Sciences, Monthly BLS Report, Quality Assurance, US News

He Who Hesitates is Lost

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He Who Hesitates is Lost is a famous axiom that could not better describe the current state of recruiting in the life sciences. Just today the federal Department of Labor Statistics reported that the overall unemployment rate dropped to 5.8% with the addition of 214,000 jobs to the US economy. As we all know, if we are approaching full employment <x{(}>(overall unemployment of 5.0% or less by definition) then the unemployment rate in the life sciences which mostly employs degreed professionals is far less than that, contributing to a tight labor pool. Anecdotal evidence bears out this fact:  at TRG Life Sciences we are seeing candidates have multiple opportunities to consider simultaneously, making candidates both harder to recruit and harder to have candidates accept the offers of our clients.

One way to deal with an ever tightening marketplace is to have an efficient hiring process. Too often, companies in the life sciences have laborious interview processes with multiple rounds of interviewing with several people including executive management. The longer a process lasts, the more risk exists that a candidate will either will lose interest or be lost to a competitor.

To mitigate this risk, let us at TRG Life Sciences work with you to co-create an efficient hiring process that will allow you to be expedient without sacrificing overall quality or thoroughness in the proper vetting of your future employees.  Doing so will allow you to attain the talent you need to remain competitive in this ever-changing marketplace rather than to wait and allow the chance of top talent slipping through your fingers.

Banking, Financial Services, Monthly BLS Report, US News

Sticky Customers, Stronger Revenue: The Importance of Selling Ancillary Services

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Yesterday, I had the pleasure of speaking with a top executive with one of the largest national banks in the US.  The insight he provided echoed everything I’ve been hearing from many bankers in every part of the U.S.  As he put it, “Everyone is looking for ancillary services to drive fee income.”  Because of this, he is focusing on training his RM’s to become more familiar with their treasury offerings, as many banks are beginning to do.

As everyone is familiar, the more products a customer has with the bank, the easier it is to retain them.  If a loan customer’s second product is treasury, that starts a whole new revenue stream for the bank as well.

This, then, begs the question: Is your team doing all they can to win business and retain customers?  If the answer is anything but a resounding “Yes”, then it may be time to take a look at who is working for your team and who isn’t.

If there are any parts of your team that aren’t working 100% in your favor, we’d love to hear from you.  As the new year rapidly approaches, it’s important to have the right team ramped up and ready to hit the ground running.  We’d love to be a part of that.

Alternative Energy, Uncategorized

Clean energy: An industry the whole nation can get behind

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Clean EnergyAccording to numbers released by Environmental Entrepreneurs in its quarterly “Clean Energy Works For Us” jobs report, over 18,000 jobs were created in the clean energy industries between July and September of this year in 21 states.

The report noted that manufacturing of clean energy and clean transportation showed the most significant growth within the sector, with 9,800 new jobs created. This is the highest number the field has seen since 2011. Most of these new jobs came from major projects at Tesla and SolarCity, two of the biggest names in the industry.

The Huffington Post noted that this increase in positions is evenly spread throughout various areas of the U.S., including states in both Democratic and Republican congressional districts, showing that clean energy innovation is something the whole country can get behind.

“The election is over. Now it’s time to live up to the stump-speech promises. One easy way to create jobs and drive economic growth in both red and blue states alike is by moving quickly to extend clean energy and energy efficiency tax incentives and other smart policies,” stated Environmental Entrepreneurs Director Bob Keefe.