U.S. adds 850,000 jobs in June, better than expected

Jul 20, 2021 | Human Resources, Employer Of Record, EOR, Hiring, Job, Recovery

U.S. adds 850,000 jobs in June, better than expected

Hiring for these jobs is on the rise in 2021

Hiring accelerated as the second quarter morphed into a summer that will see a closer to return to normal for Americans held captive for the past year due to the pandemic-related restrictions.

Job growth leaped higher in June as businesses looked to keep up with a rapidly recovering U.S. economy, the Labor Department reported.

As the data continues to point higher, economists are looking for GDP growth in the second quarter to approach 10%, a stunning continuation of a rebound helped by vaccines that have sharply reduced Covid-19 case rates along with hospitalizations and deaths.

The latest numbers bring the total job recovery from the pandemic losses to 15.6 million. More than 22.3 million Americans were laid off in March and April of 2020 amid government-imposed business restrictions, and the total employment level remains 7.13 million below where it was in February 2020.

Hospitality continued to be the prime beneficiary of the reopening as workers returned to jobs at bars, restaurants, hotels and the like. The industry notched a gain of 343,000 amid easing restrictions across the country. That total included 194,000 in bars and restaurants, but still left the sector 2.2 million shy of where it was in February 2020 before the pandemic began. Despite the big increase in jobs, the sector’s unemployment rate jumped to 10.9%.
Other notable gains came in education, which totaled 269,000 across state, local and private hiring, while professional and business services increased by 72,000 and retail added 67,000.

The other services industry added 56,000 jobs, including a gain of 29,000 in personal and laundry services, a subsector that has been seen as a proxy for the resumption of normal business activity. Social assistance added 32,000, while wholesale trade contributed 21,000 to the total and mining grew by 10,000.

Manufacturing edged up 15,000 for the month, though construction lost 7,000 positions despite a sizzling housing industry where new building has been held back by supply shortages and what had been soaring lumber prices before the recent plunge.

The news seems to be good, and little by little jobs and companies are recovering. It would seem to be a good time to hire employees. Are you thinking of doing it and don’t know where to start? Contact Us

Jobs in demand 2021: Top careers for the new decade

May 18, 2021 | Employer Of Record, EOR, Hiring, Human Resources, IT Jobs, Job, Job search, Recovery, Recruiting, Start up

Jobs in demand 2021: Top careers for the new decade

More than half of UK firms plan to hire new staff

Identifying the sectors with the highest opportunities ensures you’re investing your time in something worthwhile.

The COVID-19 pandemic brought about a wave of change in the employment sector. Some of the jobs that were once considered prestigious became redundant, while others became essential services. One change however, was pretty universal: technological advancement in all industries.

1. Digital Marketing Specialists

Companies had to transition into the digital field, and brick and mortar stores progressed into eCommerce platforms. Because of this, they need more digital marketing professionals.

Digital marketing specialists are similar to marketing professionals, only that their specialty is within online platforms like social media. As a digital marketer, your job description will include anything from SEO to social media to Google ads.

To be successful you will need experience working in the digital space, as well as general marketing expertise.

2. Graphic Designers/Creatives

Graphic designers will be one of the more highly demanded jobs in 2021. Companies will want to run ambitious marketing campaigns and will need someone to actualize the marketing concepts.

Other jobs in demand for 2021 that are related to this role include creative directors, production artists, multimedia artists, and animators. In order to land these jobs, you will need experience with tools such as Adobe Photoshop and Adobe InDesign, along with others.

3. Marketing Strategists

Companies are looking to make a full comeback after the virus, which is why marketing strategists will be one of the most in-demand jobs in 2021. In this role, you will mainly be helping companies navigate the marketing field post-corona. You will be responsible for creating marketing strategies, identifying the best messaging & creative concept, and executing the strategy.

4. Data Analysts

Now more than ever, companies are beginning to realize the importance of data. They want to know consumer habits, both online and offline, and then use this information to create useful, worthwhile marketing strategies.

That’s where data analysts come in. Their job will be to gather information from different spaces and then interpret patterns and trends. They will then give recommendations on how the company coils improve their business from the analysis.
There are many different educational programs for data science, but in order to succeed in this role you will need to be familiar with Google Analytics as well as many CRMs and other reporting tools.

If your company is looking to incorporate any of these employees, but you don’t know where to start. Contact us! we are a company that does this job for you. What to know more about us? Click here

New signs of recovery, new ways of hiring

May 13, 2021 | Employer Of Record, EOR, Recovery, Start up

New signs of recovery, new ways of hiring

As the Covid ends, more and more companies want to hire employees from other parts of the world. How to do it?

With an end to the COVID pandemic now on the radar, many companies are beginning to focus on a return to growth and international expansion. In times past this presented a number of challenges, especially when you were confronted with all the complexities associated with setting up in a new country: different laws, unfamiliar tax regimes, employment regulations, employee benefits and entitlements, currency exchange, payroll issues etc. That’s the reason why so many smart companies embarking on international expansion today are utilizing an ‘Employer of Record’ (EOR) structure in each country of employment.

Countries continually change regulations on immigration, employment and tax in order to boost and protect the economy. For this reason, it is very difficult for companies to hire employers from other parts of the world. Still, it is possible and easy.
The need for EOR is here to stay.

International business expansion was once a long-term, multi-year foreign assignment.

Nowadays, however, global mobility is a hot topic. In fact, more companies can now enjoy the idea of shorter, more flexible overseas postings in shorter time frames.

Companies began to explore options such as outsourcing payroll, hiring immigration attorneys and seeking
local business partners to alleviate some of the regulatory burdens.

But a more complete solution was needed, allowing for the development of a single-source service that could manage the full range of local employment criteria.

The EOR model meets a modern business need, allowing companies to quickly enter a new market and deploy workers legally and efficiently.

A key option available when expanding your business is an Employer of Record (EOR).

Why consider an EOR?

Businesses who need to hire staff overseas face a series of processes and obstacles.

Researching and complying with the numerous local laws can present a huge challenge.

Every country (and even each state or region) will likely have different employment, payroll, and work permit requirements for foreign companies doing business.

Partnering with a legal Employer of Record saves you from having to set up a formal entity in the host country. They become the in-country employer of your staff, saving you an enormous amount of time and effort.

How does EOR work?

Specifically, the EOR is the legal entity that:

Acts as a stand-in entity in order to run a local compliant payroll for your staff.
Meets all host country labor laws pertaining to local contracts and worker protections.
Advises you of required notice periods, termination rules and severance pay.
Is the host country interface between the employee and government authorities.
Is responsible for making sure you remain compliant with all local laws.

As businesses continue to navigate the global marketplace and its intricate legislations, EOR is becoming a core strategy for employing staff – whoever and wherever they may be. Want to know more about us? Contact us!