How’s the Latest Job Report Looking?
Between the Great Resignation and news about the economy in general, it may feel like employment in the US is on the downturn. The latest job report says otherwise, indicating a continuing pattern of steady growth. That's great news for workers, but if you're reading this, you probably know that almost anyone involved in the hiring process is overwhelmed. If turnover and retention are issues for your company, optimizing your hiring efforts with selected employee background checks can improve your results.
Employment by Industry
Every industry segment called out in the job report indicates added jobs since the last report. Among those with greatest recent job growth are:
- Healthcare — with 70,000 new jobs, particularly in ambulatory healthcare and hospitals
- Leisure & Hospitality — 96,000 new jobs, with a resurgence in restaurants and bars
- Professional & Business Services — an increase of 89,000 jobs, mostly in management, engineering and architectural services
Typically challenging industries for hiring and retention also saw growth, including:
- Construction — 32,000 new jobs, with nearly 70% of those as specialty trade contractors
- Manufacturing — adding 30,000 jobs, mostly in durable goods production, though also the only sub-category in the report reflecting a loss — auto parts manufacturing jobs were down about 2,200
- Retail — only 22,000 new jobs added, though substantially higher than in early 2020
How Background Checks Help Employment Increases
Finding the right employees to match your needs, and avoiding problematic hires can, of course, greatly reduce turnover. Many types of background checks can make this a much easier process, easing the burden on hiring managers, including:
- Criminal, Driving Record, and Drug screenings to help meet safety and compliance needs
- Verifications to authenticate credentials, education & training, and experience
- Reference Checks & Social Media Screenings to help show work ethic and personalities
At Employers Reference Source, Inc., our expert team has been helping employers with industry-leading background screening services since 1990. Contact us today for rapid results (most within 24-48 hours) for all of your background check needs.
