Ventura County Job Trends In the Wake of the Recession Tracy Perez, Business Development Specialist Express Employment Professionals About Express Express Employment Professionals • ISO certified – quality guarantee • SBA certified • Best of both worlds – Local ownership – service/continuity/care – Global resources – insurance/protection/services • 5A1 D&B Credit Rating – Highest Possible • Full service Comprehensive Employment & HR consulting service • Industry-leading associate benefits & programs • Industry-leading training & development programs Express’ Purpose and Vision • Economic Development and Vitality for Ventura County • To help as many people as possible find good jobs by helping as many businesses as possible find good people Overview • Staffing as Economic and Employment Indicator • Who are the job seekers? • What occupations are in demand? • Difficult Positions to fill • Effects of Long Term Unemployment • Match Making- The Flexibility Factor Staffing as Economic and Employment Indicator • ASA (American Staffing Association) published report June 22 2009 confirmed staffing job trends serve as a coincident economic indicator • Staffing jobs ebb and flow concurrent with economic activity • Economy contracts = Staffing Jobs decline • Economy expands = Staffing jobs increase What We’re Seeing • The job market is opening up from recession layoffs • Light Industrial production positions have increased substantially • Administrative support positions will be opening up • Currently employers are forced to combine administrative titles Express Staff Growth • In 2009 we operated with 5 employees • In 2010 we hired 6 staff members to help sustain the increase in job orders • In the first quarter of 2011 we hired again bringing our total staff to 13 • Just opened a new office in Thousand Oaks to support the East County Ventura County Indicators Our business indicators show economic growth year-to-date over last year: Ventura County Indicators, continued Client Mix by Number of Employees 10 or less 4 10 6 11 to 20 21 to 40 5 41 to 60 61 to 80 4 15 7 4 81 to 100 101 to 200 201 to 400 Average client size: 65.64 employees 2011 Stats • 80% Light Industrial associates • 20% Administrative/Office Services associates • Average number of Express associates per client: 12.09 • Average assignment length for 2011: 121.27 days • Average associate pay rate for 2011: $19.55 per hour • In the last 12 months, Express has put 846 people out to work at 70 Ventura County Businesses. Light Industrial Associates Out Working by Job Title 11/1/2010 thru 5/1/2011 Clerical Associates Out Working by Job Title Ventura County Job Seekers • • • • • 75% Light Industrial with 1-3 years experience 15% Seasonal Field Workers- packaging positions 10% Office Services Majority referred to us by associate Recent College Grads- inquiring about any position even outside of their degree • Professionals whose long term unemployment is running out are now engaging Ventura County Occupations in Demand • • • • • • • • Quality Assurance/Quality Control CNC machinists, operators, programmers Sales Positions Engineers IT positions Web Developers Graphic Designers Hybrid positions Difficult to Fill Positions • Skill specific technical positions • Hybrid Positions Employability Skills and Values Employers Look For • • • • • • • • • • Communication Skills (aural, verbal, written). Analytical/Research Skills Computer/Technical Literacy Flexibility/Adaptability/Managing Multiple Priorities Interpersonal Abilities Leadership/Management Skills Multicultural Sensitivity/Awareness Planning/Organizing Problem-Solving/Reasoning/Creativity Teamwork Long Term Unemployment • Increasing number of long-term unemployed workers. • The long-term unemployed tend to be especially hard to get back into jobs • Long term unemployed lack sense of urgency to enter back into the workforce • Long spells of unemployment cause much greater hardship than short spells • Can be associated with deterioration of skills, health and long-term falls in earnings Match Making through Flexibility Workers want it, businesses need it and it’s good for the economy of Ventura County Staffing Employees: Workers • Staffing employees are motivated people who want to work. • Many employees with sought after expertise prefer to work with recruiters to find permanent jobs • Savvy Job Seekers understand the benefits of keeping their resumes updated and skills sharp • Productivity statistics from the Bureau of Labor Statistics (BLS) show that the typical full-time employee is only productive for 4.75 hours (39% lost time) in an 8-hour shift, while temporary workers looking for full time positions and wanting to impress employers produce for more than 6.5 hours per shift (18.75% lost time). Businesses • Companies are cautiously optimistic • Most common key challenge- FORECASTING production, sales, raw material to keep in stock and STAFFING needs. • Flexible staffing options eliminate this challenge. • Traditional Temporary, Evaluation Hire, Flexible Staffing and Direct Hire • Companies that embrace work force flexibility and engage staffing talent do better economically • A report from the US dept of labor supports this notion “employers that have flexibility in adjusting labor requirements to meet product and service demands have a competitive edge over those with less flexible human resource policies” Example of Local Client Flexible Staffing • Camarillo Client- company was recently acquired, the new company reduced core staff and transitioned to flexible staffing • 17 manufacturing light industrial positions were created, a portion will turn permanent based on performance • Company business model includes maintaining at least 40% of workforce from flexible staffing • Production Managers state that associates are exceeding performance expectations and have improved quality and efficiencies Outlook • Businesses in Ventura County are hiring again – cautiously • Light industrial production biggest increase • Job Seekers are inquiring and open to any position • Skill specific and Hybrid positions most difficult • Long Term Unemployed – Double edge sord • Flexible Staffing is cost effective Thank you! Tracy Perez tracy.perez@expresspros.com www.expresspros.com