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Learn moreSimplify recruiting, dynamically engage talent, and reduce hiring bias with job matching and recruiting chatbot technology.
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Learn more Talk to salesThe #1 ATS in market share, our cloud-based recruiting software is built for both commercial and large, global employers.
Learn more Talk to salesAttract the best talent for your business with powerful, on-brand career websites that excite candidates and drive engagement.
Learn more Talk to salesBuild talent pipelines, engage candidates with multi-channel marketing campaigns, and use machine learning to automatically surface the right talent for the job.
Learn more Talk to salesEmpower candidates with automated self-service, qualification screening, and interview scheduling through an AI-enabled digital assistant.
Learn more Talk to salesSimplify employee onboarding with automated processes that maximize engagement and accelerate productivity.
Learn more Talk to salesCompliment your sourcing and engagement efforts with award-winning lead scoring and advanced campaign personalization.
Learn more Talk to salesImprove employee experience, retention, and reduce internal talent mobility friction with the iCIMS Opportunity Marketplace.
Learn more Talk to salesVerify skills with game-changing levels of automation and simplicity to improve the quality of hire at scale.
Learn more Talk to salesModernize, streamline, and accelerate your communication with candidates and employees.
Learn more Talk to salesTransform the talent experience by showcasing your authentic employer brand through employee-generated video testimonials.
Learn more Talk to salesGet robust analytics that help you make sense of your data and illuminate your talent pool.
Learn moreSimplify recruiting, dynamically engage talent, and reduce hiring bias with job matching and recruiting chatbot technology.
Learn more Talk to salesGet exclusive intel on industry and market trends along with expert one-on-one advice.
Learn more Talk to salesHow a beloved restaurant hires 40,000+ annually with a great candidate experience.
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HOLMDEL, N.J. [November 4, 2019] – U.S. employers accelerated their job openings and hiring activity during the month of October, aligning with the rebound in investor sentiment. Before seasonal adjustments, new hires increased 10.2% and new job openings increased by 14.7%, according to iCIMS’ Monthly Hiring Indicator (MHI). This contrasts with the federal government’s October payroll report, as workers on strike are not paid and therefore do not appear in payrolls.
The MHI is a leading economic indicator published by iCIMS, drawing upon its database of more than 75 million applications and 4 million jobs each year. New hires translate directly into payroll growth, after netting out departures, layoffs and other separations.
“Not only was the impact of the auto workers’ strike on payroll reports much smaller than expected, but the underlying pace of hiring held on and even accelerated,” said Josh Wright, chief economist at iCIMS. “The business community seems to be taking some comfort that trade tensions will not boil over and tip the U.S. into recession.”
October 2019 U.S. New Hires and Openings Highlights:
— There was an uptick in hires and job openings before seasonal adjustments across all sectors that iCIMS tracks, including education and health services, financial activities, manufacturing, professional business services and retail trade.
— The most significant increase in hires before seasonal adjustments came in manufacturing (20.9%), which is indicative of the aftershocks of the G.M. strikes as employers ramp up hiring efforts.
— Retail saw a notable rise in both job openings (11.2%) and hires (9.5%) before seasonal adjustments, indicating this year’s holiday hiring is now in full swing.
About the iCIMS Monthly Hiring Indicator (MHI) Methodology:
The iCIMS Monthly Hiring Indicator (MHI) measures job openings and new hires, based on iCIMS system data, which is generated by user activity within our platform. iCIMS processes more than 1 million hires per quarter and 75 million applications per year. While iCIMS supports employers across the globe, the MHI is based on U.S. hiring activity only. The figures present both indexes of hiring activity and their month-over-month percentage change, using a fixed panel of customers. To facilitate comparison with benchmark data from the Bureau of Labor Statistics, iCIMS publishes its indexes both with and without seasonal adjustments. Data from the MHI has been referenced by Bloomberg, The Wall Street Journal, Fox Business and NBC. To learn more about iCIMS’ MHI, visit iCIMS Hiring Insights, where the latest data and details on the methodology are both available for download.
iCIMS is a leading provider of talent acquisition technology that enables organizations everywhere to build winning workforces. For over 20 years, iCIMS has been at the forefront of talent acquisition transformation. iCIMS empowers thousands of organizations worldwide with the right tools to meet their evolving needs across the talent journey and drive business success. Its AI-powered hiring platform is designed to improve efficiency, cut recruiting costs and build exceptional experiences for candidates and recruiters. For more information, visit www.icims.com.