Whether you are looking for permanent employment or a seasonal gig around the holidays, CareerBuilder's Q4 2017 Job Forecast is predicting an uptick in both jobs and pay.
The national study was conducted by Harris Poll on behalf of CareerBuilder from Aug. 16 to Sept. 15 and included a representative sample of 2,257 hiring managers and human resource professionals and 3,697 full-time workers across industries and company sizes in the private sector.
Highlights of the survey include:
• 43 percent of employers plan to hire full-time, permanent employees in Q4, up from 34 percent in 2016; 73 percent plan to increase salaries.
• 35 percent of employers expect to hire seasonal workers in Q4, up from 33 percent last year; 51 percent plan to increase pay for seasonal staff.
• 50 percent of retailers are hiring seasonal employees, on par with last year (49 percent). The percentage paying $10 or more per hour jumped 23 percentage points over the last two years.
• Nearly 1 in 5 workers (19 percent) say they are looking for a seasonal job over the holidays this year, up from 16 percent last year.
• The percentage of employers who are transitioning seasonal employees into permanent staff has reached a new high (70 percent) and has grown at an accelerated rate over the last few years.
"Our survey is pointing to a significant year-over-year gain in permanent hiring and a smaller boost in seasonal hiring in Q4, though the short-term effects of hurricane damage on the U.S. mainland remain to be seen," said Matt Ferguson, CEO of CareerBuilder and co-author of "The Talent Equation."
"One of the most telling trends from our research is the fact that many employers are willing to increase pay for both permanent and seasonal staff," Ferguson said. "This speaks to the sharpening competitive dynamic among employers that we have seen throughout 2017."