Are job cuts in Long Island down?

May 8th, 2019

There may be less job cuts in Long Island, according to a recent survey from Challenger, Gray & Christmas.

U.S.-based employers announced plans to cut 40,023 jobs from their payrolls in April, down 34% from the 60,587 cuts announced in March.

This is the lowest monthly total since last August, when 38,472 cuts were announced, according to a report from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Despite the monthly drop, April cuts are up 11% from the same month last year, when 36,081 cuts were announced. So far this year, employers have announced 230,433 job cuts, 31% higher than the 176,280 announced in the first four months of last year.

“The second quarter averages the fewest cuts of the year, according to our historical tracking. With the favorable jobs report from the Bureau of Labor Statistics in March, this could signify companies are slowing down plans to cut workers for the spring and summer months,” said Andrew Challenger, Vice President of Challenger, Gray & Christmas, Inc. “That said, high job cut numbers in the Manufacturing and Automotive sectors are troubling, as changes in these industries tend to have a trickle-down effect,” he added.

April job cuts were led by manufacturers in the Industrial Goods sector, which announced 5,159 cuts last month. So far this year, this sector has announced 39,304 cuts, the second highest total after Retail. That is 750% higher than the 4,625 cuts announced in this sector through April 2018. Consumer Products manufacturers follow with 4,705 announced cuts in April.

“Manufacturing is an important sector to watch in the coming months. While first-quarter GDP growth was strong, we saw consumer spending add only .82%,” said Challenger.

Cuts in the Automotive sector were the third highest in April with 3,915, bringing the year-todate total to 19,802, 207% higher than the 6,451 announced through April last year. Meanwhile, the 12,179 year-to-date cuts in the Energy sector are 323% higher than the 2,879 announced in the same period in 2018.

Long Island engineering jobs increase

May 5th, 2019

The number of Long Island engineering jobs have increased, according to recent labor statistics.

Employment increased by 263,000 in April, compared with an average monthly gain of 213,000 over the prior 12 months. In April, notable jobs gains occurred in professional and business services, construction, health care, and social assistance.

Professional and business services added 76,000 jobs in April. Within the industry, employment gains occurred in administrative and support services (+53,000) and in computer systems design and related services (+14,000).

Over the past 12 months, professional and business services has added 535,000 jobs. In April, construction employment rose by 33,000, with gains in nonresidential specialty trade contractors (+22,000) and in heavy and civil engineering construction (+10,000). Construction has added 256,000 jobs over the past 12 months.

Employment in health care grew by 27,000 in April and 404,000 over the past 12 months. In April, job growth occurred in ambulatory health care services (+17,000), hospitals (+8,000), and community care facilities for the elderly (+7,000). Social assistance added 26,000 jobs over the month, with all of the gain in individual and family services.

Financial activities employment continued to trend up in April (+12,000).

The industry has added 110,000 jobs over the past 12 months, with almost three- fourths of the growth in real estate and rental and leasing. Manufacturing employment changed little for the third month in a row (+4,000 in April).

In the 12 months prior to February, the industry had added an average of 22,000 jobs per month.

Employment in retail trade changed little in April (-12,000). Job losses occurred in general merchandise stores (-9,000), while motor vehicle and parts dealers added 8,000 jobs.

Employment in other major industries, including mining, wholesale trade, transportation and warehousing, information, leisure and hospitality, and government, showed little change over the month.

Retention and Long Island jobs

April 28th, 2019

A new report is taking a look at retention and Long Island jobs, among other jobs across the nation.

The ADP Research Institute released the 2019 State of the Workforce Report: Pay, Promotions and Retention.  The study provides comprehensive, data-driven organizational benchmarks derived from the aggregated and anonymized actual HR and payroll data of U.S. workers.

The inaugural report shares pay, promotion, and hierarchy insights, inclusive of all industries and firm sizes of at least 50 employees. The results are further examined by age, gender, firm size, and tenure.

The report uncovers key insights pertaining to business leaders and the HR community at large.

It was designed to help employers gain a better understanding of the hierarchical structure of organizations, pay levels, how pay and promotions are connected and how employers retain workers throughout their organizations.

Based on payroll from more than 13 million employees, the research provides details about how firm hierarchy, promotions, turnover and span of control is vital to understanding relevant labor market trends.

Many of the key findings from the inaugural study focus on promotional activities, a topic of great importance to younger employees focused on career opportunities.

Overall, employers promote 8.9 percent of their employees annually and those employees received an average wage increase of 17.4 percent. Interestingly, however, promotions within a team are associated with higher turnover among other team members.

Firms are more likely to promote internal employees for management positions, and the percentage of internal hires increase for higher levels in the organization.

Long Island architectural jobs added

April 7th, 2019

More Long Island architectural jobs may have been added, according to labor statistics.

Employment increased by 196,000 in March, with notable gains in health care and in professional and technical services. Employment growth averaged 180,000 per month in the first quarter of 2019, compared with 223,000 per month in 2018.

Health care added 49,000 jobs in March and 398,000 over the past 12 months.

Over the month, employment increased in ambulatory health care services (+27,000), hospitals (+14,000), and nursing and residential care facilities (+9,000). Employment in professional and technical services grew by 34,000 in March and 311,000 over the past 12 months. In March, computer systems design and related services added 12,000 jobs.

Employment continued to trend up in architectural and engineering services (+6,000) and in management and technical consulting services (+6,000).

In March, employment in food services and drinking places continued its upward trend (+27,000), in line with its average monthly gain over the prior 12 months.

Employment in construction showed little change in March (+16,000) but has increased by 246,000 over the past 12 months. Manufacturing employment changed little for the second month in a row (-6,000 in March, following +1,000 in February). In the 12 months prior to February, manufacturing had added an average of 22,000 jobs per month. Within the industry, employment in motor vehicles and parts declined in March (-6,000).

Payroll employment increased by 196,000 in March, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services.

 

Enhancing the job seeker experience for Long Island jobs

March 26th, 2019

A new study from Careerbuilder takes a look at the job seeker experience and Long Island jobs.

The study revealed that 40 percent of employers plan to hire full-time, permanent employees in 2019, and 47 percent plan to recruit part-time workers. Hiring for full-time employees and part-time or contract workers is on par with the 2018 report, which was 44 percent and 51 percent last year, respectively.

There is demand for full-time workers, as 50 percent of human resource managers say they currently have open positions for which they cannot find qualified candidates. However, there are candidates ready to take on those roles. Across all skills levels, 32 percent of workers are looking to change jobs in 2019. When asked why they left their last job, employees cited low compensation or a lack of benefits (15 percent) and poor company culture (10 percent) as the reason for leaving.

Recruiting Trends to Watch for 2019

  • The job seeker experience is paramount: HR managers (36 percent) cite improved user experiences for candidates, employees, and hiring managers as a top priority for recruitment and HR management going into 2019.
  • Efficiency is critical: HR managers also say helping recruiters to be more efficient in filling roles faster with higher quality candidates (29 percent) and expediting background checks (24 percent) are seen as top priorities for recruitment and HR management going into 2019.
  • Streamlined communication: Twenty-two percent of HR managers believe technology will be most beneficial in helping manage and maintain regular communication with job candidates during the application process. To simplify the process, CareerBuilder’s new TD Companion App enables hiring managers to communicate directly with candidates through text message and email.
  • Speak the same language: Recruiters speak one language and candidates speak another; it’s no wonder 39 percent of HR managers say technology would be most beneficial in helping with sorting through applicants to identify top candidates and remove candidates that are not qualified. CareerBuilder has crossed the language barrier with the use of AI and semantic search to halve the applicant to hire ratio.
  • Perfecting the process: Bad hires can negatively affect companies, and the main ways they impacted employers’ businesses last year were less productivity (28 percent), they negatively impacted employee morale (25 percent), and they drove up costs for recruiting and training other workers (24 percent). Additionally, employers who have had a bad hire affect their business in the past year estimate the average cost of a bad hire is more than $18,700.

 

Construction jobs in Long Island on the decline?

March 11th, 2019

New labor numbers posit that construction jobs in Long Island may be on the decline.

Payroll employment was little changed in February (+20,000), after increasing by 311,000 in January. In 2018, job growth averaged 223,000 per month. In February, employment continued to trend up in professional and business services, health care, and wholesale trade, while construction employment declined.

In February, employment in professional and business services continued to trend up (+42,000), in line with its average monthly gain over the prior 12 months.

Health care added 21,000 jobs in February and 361,000 jobs over the year. Employment in ambulatory health care services edged up over the month (+16,000). In February, wholesale trade employment continued its upward trend (+11,000).

The industry has added 95,000 jobs over the year, largely among durable goods wholesalers. Employment in construction declined by 31,000 in February, partially offsetting an increase of 53,000 in January.

In February, employment declined in heavy and civil engineering construction (-13,000).

Over the year, construction has added 223,000 jobs. Manufacturing employment changed little in February (+4,000), after increasing by an average of 22,000 per month over the prior 12 months.

In February, employment in leisure and hospitality was unchanged, after posting job gains of 89,000 and 65,000 in January and December, respectively.

Over the year, leisure and hospitality has added 410,000 jobs. Employment in other major industries, including mining, retail trade, transportation and warehousing, information, financial activities, and government, showed little or no change over the month.

Healthcare jobs in Long Island increase

March 7th, 2019

More healthcare jobs in Long Island are being added, according to recent labor data.

Employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics reported.

In January, employment grew in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing.

In January, employment in leisure and hospitality rose by 74,000. Within the industry, job gains occurred in food services and drinking places (+37,000) and in amusements, gambling, and recreation (+32,000).

Over the year, leisure and hospitality has added 410,000 jobs. Construction employment rose by 52,000 in January. Job gains occurred among specialty trade contractors, with increases in both the nonresidential (+19,000) and residential (+15,000) components.

Employment also rose in heavy and civil engineering construction (+10,000) and residential building (+9,000). Construction has added 338,000 jobs over the past 12 months. Employment in health care increased by 42,000 in January. Within the industry, job gains occurred in ambulatory health care services (+22,000) and hospitals (+19,000).

Health care has added 368,000 jobs over the past year. Over the month, employment in transportation and warehousing rose by 27,000, following little change in December. In January, job gains occurred in warehousing and storage (+15,000) and among couriers and messengers (+7,000). Over the year, employment in transportation and warehousing has increased by 219,000.

In January, retail trade employment edged up by 21,000. Job gains occurred in sporting goods, hobby, book, and music stores (+17,000), while general merchandise stores lost jobs (-12,000).

Employment in retail trade has shown little net change over the past 12 months (+26,000). Mining employment increased by 7,000 in January.

The industry has added 64,000 jobs over the year, almost entirely in support activities for mining. Employment in professional and business services continued to trend up over the month (+30,000) and has increased by 546,000 in the past 12 months.

Employment in manufacturing continued to trend up in January (+13,000). Over-the- month job gains occurred in durable goods (+20,000), while employment in nondurable goods changed little (-7,000). Manufacturing employment has increased by 261,000 over the year, with more than four-fifths of the gain in durable goods industries.

Budget goes to strengthen Long Island jobs

March 5th, 2019

A new budget creation will go towards Long Island jobs.

About $18.3 billion for Long Island is included in the FY 2020 executive budget, including $40 million dollars to support the Nassau Hub, bringing the total state investment to $131 million toward the $1.5 billion project. The Governor also announced $26.4 million to help address aging septic systems for approximately 400 homes in Oakdale.

The investments and initiatives in the Executive Budget protects New Yorkers from Washington’s devastating federal attacks, strengthens the middle class, safeguards the environment, improves the health of our communities and invests in our infrastructure for the 21st century. For the ninth consecutive year, the Budget is balanced and holds spending growth below two percent.

Governor Cuomo announced the State will launch the third phase of the Excelsior Scholarship—raising the income threshold to $125,000 and helping 26,100 students on Long Island attend college tuition free. In 2017, Governor Cuomo announced the Excelsior Scholarship, a first-of-its-kind in the nation program that provides tuition-free college at New York’s public colleges and universities to families making up to $125,000 per year, alleviating the crushing burden of student debt placing and placing more New Yorkers on the path to financial security.

Make Permanent the Property Tax Cap: Since the implementation of the tax cap in 2012, growth has averaged approximately 2% and the tax cap has produced approximately $8.7 billion in taxpayers’ savings on Long Island, and $25 billion statewide.

Cut Middle Class Taxes: New York will continue the phased-in middle class tax cuts. In 2019, the reform will benefit 700,905 Long Islanders in 2019 with an average benefit of $382. Filers in Long Island earn the largest average tax cut in the State. When fully phased in (2025) the average benefit will be $847 in Long Island, making it the State’s lowest middle-class tax rates in more than 70 years.

Eliminate Internet Tax Advantage: New York’s brick and mortar retailers are currently at a disadvantage because many on-line retail competitors are not collecting sales tax. The Budget provides a consistent framework for collection of required sales taxes by marketplace providers, which will simplify sales tax enforcement and ease collection burdens for the retailers who sell through these platforms. In 2019, this reform is expected to increase sales tax revenue by $31 million in Nassau County and $33 million in Suffolk County.

Preventing falls for Long Island jobs

February 7th, 2019

A new tool has been released to help employers prevent falls at Long Island jobs.

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has developed a collection of compliance assistance resources to address falls in the workplace, the leading cause of worker fatality in the construction industry.

OSHA’s goal is to promote awareness about common fall hazards in construction, educate job creators and workers on fall prevention, and reduce the number of fall-related injuries and fatalities. These resources, which continue the goals of the Department’s Office of Compliance Initiatives (OCI), encourage and facilitate compliance evaluations.

Falls can be prevented if employers plan ahead to ensure the job is done safely; provide the right equipment; and train workers to use the equipment safely. OSHA is working with industry stakeholders to provide informative compliance assistance resources.

  • The sixth annual National Safety Stand-Down to Prevent Falls in Construction will be held May 6-10, 2019. The weeklong outreach event encourages employers and workers to pause during the workday to discuss fall hazards and how to prevent them.
  • series of fall safety videos show how to prevent construction-related fall hazards from floor openings, skylights, fixed scaffolds, bridge decking, reroofing, and leading edge work.
  • OSHA’s Fall Prevention Training Guide provides a lesson plan for employers including several Toolbox Talks.
  • Fact sheets on ladders and scaffolding provide guidance on the safe use of these types of equipment while performing construction activities.
  • A brief video, 5 Ways to Prevent Workplace Falls, encourages employers to develop a fall prevention plan, and to provide workers with fall protection and training.

OSHA’s On-Site Consultation Program provides valuable services for job creators that are separate from enforcement. OSHA recently published an analysis demonstrating how the agency’s On-Site Consultation Program contributes $1.3 billion to the national economy each year. Job creators who implement workplace improvements can reduce lost time due to injuries and illnesses, improve employee morale, increase productivity, and lower workers’ compensation insurance premiums.

 

Tool assists with Long Island jobs

February 7th, 2019

A new labor tool is helping employers with Long Island jobs.

An enhanced electronic version of the Handy Reference Guide to the Fair Labor Standards Act (FLSA) is a new online version of one of the Wage and Hour Division’s (WHD) most popular publications. It will assist American employers and workers with a simple, easy-to-follow resource that provides basic WHD information, as well as links to other resources.

WHD established this electronic guide as part of its ongoing efforts to modernize compliance assistance materials for employers and workers, and to provide easily accessible, plain-language information that will guide them to compliance.

This tool offers a new design – reformatted for laptops, tablets, and other mobile devices – and provides numerous additional resources and related information, including plain-language videos. It provides immediate access to materials employers frequently need, and allows users to tailor their experience by exploring available information at whatever level of detail they choose. This tool, in conjunction with worker.govemployer.gov, and other recently released online tools, will ensure greater understanding of federal labor laws and regulations.

OCI is part of the Department of Labor’s Office of the Assistant Secretary for Policy, and fosters a compliance assistance culture within the Department designed to complement its ongoing enforcement efforts. This Office focuses on helping enforcement agencies more effectively use online resources to deliver information and compliance assistance to help the American people.

In August 2018, OCI launched Worker.gov and Employer.gov to provide information about workers’ rights and the responsibilities of job creators toward their workers.