SMBeat Indicates Strong Job Growth for Recent College Graduates
Job Growth for Young Professionals Outpaces All Other Age Groups by Over 400 Percent
(firmenpresse) - SAN LEANDRO, CA -- (Marketwire) -- 07/25/12 -- , a detailed analysis of trends in key human capital economic indicators for small businesses, reports that recent college graduate job growth increased by 12.6 percent in Q2 of 2012, which outpaced all other age groups by 408 percent.
The U.S. Bureau of Labor Statistics announced the creation of 80,000 new jobs for the US economy in June, which was well below expectations. Translated to percentage terms, this represented only a 0.06 percent increase over May employment levels. By contrast, TriNet member company employment levels increased 0.87 percent, which is fourteen-fold above the national average.
The only TriNet industry sector adding jobs at a rate above the TriNet average was Information Technology (+1.6 percent).
Hiring rates at TriNet companies jumped 10.3 percent up to 3.39 percent during June. Total terminations increased 6.4 percent to 2.52 percent, which was split between 1.39 percent voluntary quits and 1.09 percent involuntary discharges. The increase in voluntary quits signals positive churn in the workforce.
The complete report is available .
SMBeat provides a detailed analysis and a predictive forecast for trends in key human capital economic indicators for small businesses. All reported statistics are seasonally adjusted unless otherwise indicated. All reported months begin 7 days prior to the beginning of the current calendar month and end 7 days prior to the beginning of the next calendar month. TriNet generates payroll information by tracking real-time movements within its base of approximately 5,000 entrepreneurial businesses whose employees earn approximately $100,000 in annual base salary. These companies fall primarily into three broad industry segments: technology, professional services, and financial services. SMBeat aggregates and reports data reflecting compensation, hiring and retention (both involuntary terminations and voluntary resignations), and also provides ongoing analysis of contributing factors to these trends, including regional, industry and seasonal variables. Additional details can be found on the company's SMBeat web page . Technical questions can be submitted via email to .
TriNet is the cloud-based HR partner for small businesses and startups. TriNet's solutions help contain costs, minimize employer-related risks and relieve administrative burden to keep an entrepreneur's focus on core business functions. From employee benefits service and payroll processing to high-level human capital consulting, TriNet's expertise is integrated with every facet of a client's business. TriNet specializes in serving fast-moving companies in fields such as technology and financial services, who recognize that top-quality employees are the most critical competitive asset. For more information, please visit .
TriNet, Ambitions Realized and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
Matthew Meigs
510-875-732
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.07.2012 - 21:58 Uhr
Sprache: Deutsch
News-ID 168825
Anzahl Zeichen: 0
contact information:
Town:
SAN LEANDRO, CA
Kategorie:
Information Services
Diese Pressemitteilung wurde bisher 266 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SMBeat Indicates Strong Job Growth for Recent College Graduates"
steht unter der journalistisch-redaktionellen Verantwortung von
TriNet (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
