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The American workforce is nearing pre-recession employment levels, the Labor Department announced today. According to the report, seasonally adjusted initial claims for unemployment benefits were at 287,000, a decrease from last week's 295,000.

It's another sign of many that point to a recovering and healthier job market. According to USA Today, economists predict that employers added 215,000 jobs nationally last month.

Many organizations are reviewing their 4th quarter budgets and gearing up to prepare pipelines of qualified candidates into the New Year.

According to the Bureau of Labor Statistics, population trends such as aging Baby Boomers, increased health care coverage, and rapid technology growth are causing significant waves of change in the types of roles needed globally.

 

Some of the most in demand roles this fall and heading into 2015 reflect these trends:

  • Biomedical Engineers
  • Data Analysts
  • Financial Analysts
  • Software Engineers
  • Health Educators
  • Personal Care Aides

Market sectors such as technology will aid in heightened job growth into 2015. Cloud computing, in which large groups of remote servers are networked to share data processing, data storage, and online access to computer services and resources (NIST), is expected to generate as much as $1.1 trillion a year in revenue by 2015. Along with it, the expected addition of as many as 14 million new jobs by 2015, according to an IDC Study.

With the influx of hiring comes a heightened competition for the best possible performers. A recent report from the American Society for Training and Development says that in 2015, a staggering 76% of all U.S. jobs will require highly skilled workers in areas such as science, technology, engineering, and math.

Additionally, Georgetown’s Center on Education and the Workforce estimates that the demand for college educated workers will surpass the supply of this population by 300,000 a year. In other words, there will be 3 million fewer graduates than needed.

In fact, it’s estimated that by 2015, 60% of the new jobs being created will require skills that only 20% of the population actually has.

In order to adequately prepare for the increases in hiring and the competition for talent, organizations can plan their talent strategy now.

Consider leveraging your digital sourcing strategy with competitive intelligence methodologies that will assist in finding candidates that can’t be found by everyone else. Organizations across the board are also perfecting their Employer Brand. Consider whether your organization is one in which qualified candidates would want to work based on culture, flexibility and overall goals and viewpoints.

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