2012 Jobs Forecast
Tuesday, December 27th, 2011Wonder what’s ahead for American workers in 2012? The job market is relevant to you if you live, work or purchase commodities in the U.S., so most of the country is waiting with bated breath to see what comes next in terms of jobs, hiring and salaries in the coming year.
There’s good news and bad news: it appears that hiring in 2012 will be similar to hiring in 2011, which is bad news for those who are unemployed or looking for work… the only jobs that will be available are those which others have left because of dissatisfaction with wages, conditions or benefits. The good news is that if you already have a job, you may see a raise this year as many managers are considering slight wage increases as an incentive to workers to stay in their positions. Again, if you’re looking for a job, this is bad news—it means that those few jobs that were available in 2011, the ones recently vacated, will probably be fewer in 2012 as employers work harder to keep the employee’s they’ve got and lessen hiring and re-training.
An expert at CareerBuilder predicts that there may be a slight increase in new hires later in the year as companies work to increase their workplace’s diversity, focusing on more Latino and female hires and increasing the number of bilingual employees in order to respond effectively to a changing market.
According to surveys by CareerBuilder, 70% of mid- to large-size firms intend to create no new positions or are unsure of their hiring plans. This means that only 30% of these firms will be hiring new talent in the coming year. That being said, smaller businesses, those who employ fewer than 250 workers, have a more optimistic plan for 2012, with more of these businesses citing plans to hire than to maintain or decrease their current staff.