Posts Tagged ‘market’
Job Listings on EmploymentCrossing Touch the 2.3 Million Mark: Data Reflects Confidence in American Jobs Market
Pasadena, CA (PRWEB) April 29, 2013
EmploymentCrossing today announced that its job listings had gone up to 2.3 million, an industry high. The jobs data from EmploymentCrossing echoes the findings of two other sources indicating American optimism about the job market.
CEO Harrison Barnes says that in the last three weeks alone, the site has added around 340,000 jobs. On April 7, we reported 1.96 million job openings. Today, on April 29, our site has achieved a huge listing of 2.3 million jobs from across the country.
This data from EmploymentCrossing.com backs the 2012 General Social Survey, which shows that confidence in the American jobs market is back to almost the normal level compared to its recession era record low. Layoff fears also dropped off last year from its 2010 peak to its average for the 35 years during which this question has been asked.
Data from BLS also shows that Americans have a good reason to feel a little safer when it comes to layoffs. The mass layoff incidents decreased by 85 compared to the February total, and the number of initial claims also decreased by 7,529. Around 127,000 workers filed for unemployment insurance benefits in March.
When it comes to job openings, healthcare continues to retain the number one spot for the 12th week in a row. There were 397,000 healthcare job openings on the site followed by Information Technology with almost 300,000 job openings.
The other top five industries in terms of job creation are:
Customer Service 267,000 job openings
Sales 231,000 job openings
Retail 215,000 job openings
Engineering 174,000 job openings
Hospitality- 173,000 job openings
More details on the job openings according to the industry on the site: http://www.employmentcrossing.com/jobs/jobs.html.
About EmploymentCrossing
EmploymentCrossing is part of the Employment Research Institute, which is one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute consists of 120+ of industry-specific and 120+ location-specific job boards which consolidates every job opening it can find in one convenient location. The website also offers a seventy two-hour free trial to new members.
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Tags: american, Confidence, data, EmploymentCrossing, jobs, Listings, Mark, market, million, reflects, touch | 
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Bad news for job market? Initial claims jump – CNNMoney
 MarketWatch |
Bad news for job market? Initial claims jump
CNNMoney Initial jobless claims jumped higher than expected last week, breaking a series of weekly declines that had brought it to multi-year lows, the U.S. Labor Department reported Thursday. Jobless claims surged by 32,000, totaling 360,000 in the week ended … Weekly Jobless Claims Rise More than Expected Initial jobless claims jump to 360000, most since March US Weekly Jobless Claims Jump to Highest Level in 6 Weeks |
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Jobless Claims in U.S. Jump to Highest Level in Six Weeks
Bloomberg More Americans than projected filed claims for jobless benefits last week and manufacturing in the Philadelphia region unexpectedly shrank in May, signs the slowdown in growth is rippling through the U.S. economy. The number of applications for … |
 Philly.com |
Inflation Gauge Barely Nudges
Wall Street Journal In a separate release Thursday, the Labor Department said initial jobless claims increased by 32,000 to a seasonally adjusted 360,000 in the week ended May 11, the largest one-week gain in new benefit requests since November 2012. The data on inflation … New jobless claims data raises questions about strength of U.S. economy US consumer prices fall, jobless claims up US consumer prices fall, jobless claims rise |
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Tunnel Construction in the US Industry Market Research Report Now Available from IBISWorld
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Los Angeles, CA (PRWEB) April 12, 2013
Demand for tunnel construction services is coming out of the dark. The economic downturn decimated demand for industry services as state and local municipalities cut back expenditures on transportation projects and private investments contracted, says IBISWorld industry analyst Deonta Smith. A shortage of property and fuel tax revenue, coupled with the rising need for unemployment insurance, prompted state and local governments to cutback transportation expenditures during the recession, hindering industry expansion. Due to these trends, IBISWorld expects revenue to drop 1.1% on average to $ 1.8 billion in the five years to 2013. In response, the federal government implemented numerous initiatives such as the American Recovery and Reinvestment Act of 2009 and Moving Ahead for Progress in the 21st Century Act to assist the industry in a turnaround.
Over the past five years, utility tunnel maintenance and construction has emerged as one of the strongest needs in many states. According to Smith, Aging pipes and innovative plans to acquire more resources have prompted demand for tunnel construction projects. In addition, demand has grown with an increase in private toll roads; as such, private investors have become significant sources of demand for the Tunnel Construction industry. As a result of foregone maintenance on utility tunnels and an increase in public private partnerships, demand for tunnel construction services is slated for an immediate increase in demand. Subsequently, IBISWorld expects revenue to increase 2.8% in 2013.
The Tunnel Construction industry has a low level of market share concentration. In 2013, the top four companies will account for less than an estimated 15.0% of industry revenue. During the past five years, the number of companies has remained flat, increasing at an estimated annualized rate of 0.6% to 110. During the next five years, the number of companies is projected to increase at a faster rate, growing at an average annual rate of 1.6% to 119. The growth in the number of industry companies will be supported by moderate barriers to entry and increasing federal spending on tunnel construction services.
The industry is forecast to return to grow strongly over the next five years. As the economy recovers, demand from private-sector development will normalize, and state and local governments’ transportation outlays will rebound, offsetting the drop off in federal stimulus investment. As a result of pent-up demand from delayed projects, industry employment is expected to increase. The number of employees is projected to rise at an average annual rate of about 4.9% to 6,682 contractors.
For more information, visit IBISWorlds Tunnel Construction in the US industry report page.
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IBISWorld industry Report Key Topics
This industry constructs tunnels. Types of projects include new work, reconstruction and repairs. This industry does not include road and highway construction activity.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Tags: available, construction, From, IBISWorld., industry, market, Report, research, Tunnel |
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Office Space: Office Furniture Manufacturing in the US Industry Market Research Report from IBISWorld has Been Updated
Los Angeles, CA (PRWEB) April 30, 2013
The Office Furniture Manufacturing industry has suffered during the five years to 2013 as businesses cut back on expenses in the midst of the recession. With declining demand, companies within the industry were forced to lower prices to remain competitive, hampering industry profit. Furthermore, the surge of low-cost imports continues to adversely affect the industry. Countries like China have lower labor and overhead costs allowing they to offer lower prices on comparable products, effectively eroding domestic demand for US-made products, IBISWorld industry analyst Brandon Ruiz says. Consequently, industry revenue is expected to decline at an average annual rate of 4.1% in the five years to 2013.
Volatile input prices have also adversely affected the Office Furniture Manufacturing industry. The price of steel, a major input for office furniture, plummeted 25.1% in 2009 and jumped 16.0% in the following year. These price fluctuations made it difficult for manufacturers to anticipate future spending and control costs, Ruiz says. Furthermore, as a result of declining demand and prices for new office furniture, profit decreased from 3.3% of revenue in 2008 to 1.9% in 2013. Consequently, many firms were forced to exit the industry completely. Despite these challenges, IBISWorld expects industry revenue to grow a modest 0.4% to $ 23.2 billion in 2013, fueled by US enterprise growth and the expansion of corporate profit. The more businesses there are, the more office furniture is needed.
During the five years to 2013, the number of office furniture manufacturers decreased. Overall, the Office Furniture Manufacturing industry has low market share concentration. In 2013, the industrys three largest players are Steelcase Inc., HNI Corporation and Herman Miller Inc. The remainder of the market is captured by a large number of small and privately owned businesses that successfully supply the local community’s retail demand.
As the number of US businesses increases, industry revenue is forecast to rise in the five years to 2018; however, some mitigating factors will remain. Higher import penetration will lower domestic demand and increase price pressures on domestic manufacturers, which will slightly constrict growth. Also, raw material prices are projected to continue increasing, which will adversely affect profit in the same period. Manufacturers can pass the additional costs on to buyers, but in doing so, they risk losing business to low-priced foreign imports. For more information, visit IBISWorlds Office Furniture Manufacturing industry in the US industry report page.
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IBISWorld industry Report Key Topics
The Office Furniture Manufacturing industry produces a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. It also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions. Furniture may be ordered predesigned or customized, and may be sold assembled or unassembled.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Tags: been, From, Furniture, IBISWorld., industry, Manufacturing, market, office, Report, research, space, UPDATED |
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Jobless claims fall, point to improving job market – CNNMoney
 NPR (blog) |
Jobless claims fall, point to improving job market
CNNMoney The data can be choppy from week to week, but nevertheless, the initial claims report is considered one of the most important gauges of the job market's strength. During the height of the financial crisis in 2009, jobless claims rose as high as 670,000. Initial Jobless Claims in US Fell Last Week to 339000 Jobless Claims Dip To Near Five-Year Low Jobless Claims Fall Near a Five-Year Low |
 This is Money |
FOREX-Dollar firm, US jobless claims ease slowdown concerns
Reuters Dollar supported after jobless claims fell by 16,000. * Dollar/yen resistance at 100 yen still formidable. * Euro still under pressure from ECB rate cut expectations. * Pound near two-month high after UK GDP. By Hideyuki Sano. TOKYO, April 26 (Reuters … Forex – Dollar dips on falling jobless claims, corporate earnings Dollar Rises Against Euro On Upbeat Employment Data and Other Top Forex … Daily Financial Forecast |
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France's Jobless Claims Hit Record High In March – Huffington Post
Huffington Post PARIS, April 25 (Reuters) – More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end. The new … |
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Go-Kart Racing Tracks in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) April 09, 2013
The Go-Kart Racing Tracks industry has slowly expanded over the past five years, matching overall trends in consumer spending. Unemployment shot up during the recession, causing a sharp decrease in per capita disposable income. As a result, consumer cut back on discretionary expenditures on entertainment and leisure activities, such as go-kart racing. In 2009, industry revenue contracted 3.6%. However, Disposable income and consumer confidence in the economy has trended upward since 2010, bolstering overall consumer spending. Go-kart racing also provided a relatively low-cost leisure activity for individuals and families, which helped attract customers even though disposable income lingered below prerecession levels, says IBISWorld industry analyst David Yang. As a result, downstream demand quickly rebounded as the economy recovered. In the five years to 2013, IBISWorld expects industry revenue to increase at an average annual rate of 0.3% to $ 51.1 million. In 2013, this industry is expected to be in full recovery. Per capita disposable income is estimated to reach 2008 levels. Consumer confidence in the economy, measured by the consumer sentiment index, is expected to strongly increase. Both of these factors are expected to fuel downstream demand for leisure activities. As a result, revenue is estimated to increase 1.4% over 2013.
However, while this industry grew over the past five years, profit margins have taken a slight hit. To attract customers during the recession, industry operators implemented multi-race deals, memberships and group packages, all of which have lower profit margins than single-race tickets. Furthermore, competitors in the leisure and entertainment activities sector, such as miniature golf courses, laser tag arenas and bowling alleys, also implemented price cuts and deals. External competition put downward pressure on profitability. On average, profit is expected to slightly decline to 12.0% of revenue in the five years to 2013. The industry will continue to grow over the next five years. According to Yang, disposable income is forecast to surpass prerecession levels due to the recovering labor market, which will stimulate consumer spending on entertainment and leisure. Although leisure time available to consumers is anticipated to slightly decline as more individuals return to work, strong disposable income growth is projected to overshadow any decline in leisure time.
The Go-Kart Racing Tracks industry has a low level of market share concentration. In 2013, the top four companies account for less than 30.0% of total industry revenue. Most operators in the industry are small-size businesses and many are independently owned and operate just one facility. Additionally, the low level of barriers to entry allows companies to enter the industry with ease, creating a greater number of operators. In the past five years, industry enterprises have grown at an average annual rate of 1.1% to total 37 in 2013. Industry concentration is not expected to change significantly over the next five years. For more information, visit IBISWorlds Go-Kart Racing Tracks in the US industry report page.
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IBISWorld industry Report Key Topics
This industry provides recreational and amusement services through go-kart racetracks and other related services. Go-kart tracks may be indoor or outdoor.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Tutoring & Test Preparation Franchises in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) March 13, 2013
Competition with online services and high unemployment have dented the Tutoring and Test Preparation Franchises industry’s revenue during the past five years. Throughout this time, many online businesses developed convenient tools and programs for students as a substitute for industry services. Low employment has further depressed consumer spending on tutoring and test preparation, not only because of deflated disposable income, but also because parents and peers have had more time to help students with homework or studying, says IBISWorld industry analyst Agata Kaczanowska. US employment is expected to decline at a 0.4% annualized rate, representing 2.4 million fewer jobs in 2013 than in 2008, and disposable income is anticipated to grow just 0.2% annually on average during this time. Consequently, industry revenue is estimated to contract at a 0.2% annualized rate to $ 840.4 million in the five years to 2013. In 2013 alone, industry revenue is expected to decline 1.4%.
To attract clients, tutoring and test preparation franchises have spent an increasing proportion of revenue on teachers and marketing, continues Kaczanowska. Accordingly, industry employment is expected to grow about 4.0% annually on average during the five years to 2013 to 115,134 people. As companies differentiated themselves based on highly qualified staff, wages have also shot up 6.3% annually on average to $ 458.7 million during this time. These rising expenditures, combined with pricing pressures, have deflated profitability. In response to cost pressures, companies cut back spending on educational materials, and instead are investing in their own online educational systems. These internet-based materials are cheaper, and students can conveniently access them from home. Online systems have contributed added value to industry services, which slowed profit declines during the past five years. The Tutoring and Test Preparation Franchises industry has low market share concentration, with Kumon North America Inc. representing the only major company. The industry has a large number of similar-sized firms that cater to the US market. Low barriers to entry and increasing demand for test preparation services are encouraging new operators to enter the industry. Industry firms that specialize in tutoring services are slightly more fragmented, and some firms serve a specific geographic region. However, due to the nature of standardized testing, firms that specialize in test preparation tend to serve a wider region.
In the five years to 2018, the industry will benefit from rising employment, school enrollment, government funding and disposable income. As a result, industry revenue is projected to expand in the five years to 2018. Nonetheless, rising competition from online tutoring and test preparation services will still represent a challenge for industry players. For more information, visit IBISWorlds Tutoring and Test Preparation Franchises in the US industry report page.
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IBISWorld industry Report Key Topics
This industry offers exam preparation and tutoring services. Academic schools, colleges and universities are excluded, as are schools that offer instruction in business, driving, management, computers, technical and trade areas, fine arts, athletics and languages. Online-only operators, as well as revenue from publishing, are excluded from this industry.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Tags: available, Franchises, From, IBISWorld., industry, market, Preparation, Report, research, Test, Tutoring |
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Employment-Generating Programs Drive the Global Education Services Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) March 21, 2013
Follow us on LinkedIn Education services are academic instructional services provided by public, for-profit and not-for-profit institutions, either through traditional teaching methods or over the Internet. The world market for education services is expected to make rapid progress driven largely by emerging opportunities in human resource rich developing countries like China and India. Encouraged by the rising Human Development Indicator (HDI) in these countries, demand for education and training services across various disciplines is growing. The market is significantly influenced by prevailing employment trends in both the manufacturing and tertiary sectors. Globalization of institutions and educational programs is also driving demand for superior educational facilities, services, and certification classes. Also, the promise of greater returns on higher education and additional qualifications is a major factor driving demand for education services, specifically for foreign education courses.
The current economic scenario in the world economy characterized by the debt crisis in Europe, slowing down of the BRICs, and fiscal cliff issues in the US, is creating a rich mixture of both opportunities and challenges in the market. While rising unemployment levels tend to frustrate growth, the tight economic conditions paradoxically also heighten the need for acquiring new skills. People tend to opt for upgrading their skills or obtaining additional educational qualifications in attempts to improve their employability. These efforts have also partly been supported by governments stimulus packages, which set aside allocations for the education sector for improving employment opportunities in distressed times. In addition, an aging global workforce is also creating opportunities for education service providers. As businesses find it increasingly difficult to find people with the right skills, there will be increased emphasis laid on developing and grooming the potential young workforce. Companies involved in providing relevant, accessible, and flexible education programs, particularly, will benefit under this scenario.
As stated by the new market research report on education services, the United States represents the single largest market worldwide. Demand for education services, such as vocational education and training, technical and online education, and language schools, is rising driven by the growing competitiveness in the labor market. Although universities have been affected by the challenging economic environment, programs with online and hybrid instruction modes are finding increased adoption among private universities and colleges across the country. Growth in developing countries like China and India, on the other hand, is driven by increasing awareness and emphasis on the importance of education. Asia-Pacific represents the fastest growing market for education services with a projected CAGR of 9.8% over the analysis period.
Major players profiled in the report include Apollo Group Inc., Cambium Learning Group Inc., Career Education Corporation, CL Educate Ltd., Daekyo Co. Ltd., DeVry Inc., Edserv Softsystems Limited, Educomp Solutions Ltd., Everonn Education Ltd., ITT Education Services Inc., Kaplan Inc., Navitas Limited, New Oriental Education & Technology Group, Pearson Plc, The Princeton Review Inc., and Tutor.com Inc.
The research report titled Education Services: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia-Pacific, and Rest of World.
For more details about this comprehensive market research report, please visit
http://www.strategyr.com/Education_Services_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
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