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Recruitics Launches Monthly ‘Talent Market Index’ Report

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Inaugural Report Points to Surging Market Prices to Attract Talent in Healthcare, Hospitality and IT in August, While Retail Prices Cool

NEW YORK, Sept. 18, 2024 /PRNewswire-PRWeb/ — Recruitics, a leading recruitment marketing and AI analytics platform, today released its first-ever Talent Market Index Report, which is designed to offer a monthly update on talent attraction prices and labor market trends. The data highlights notable shifts in hiring intensity across industries and provides insights to help employers address recruitment challenges and take advantage of talent acquisition opportunities.

“We created the Talent Market Index Report to help provide actionable insights and inform recruitment strategies by going beyond the existing jobs numbers and offering a deeper dive into what’s happening in the labor market with industry-specific hiring trends.” — Adam Stafford, CEO, Recruitics

The August 2024 Talent Market Index Report reveals a clear divergence across industries, with retail experiencing a sharp reduction in talent attraction prices due to stabilized hiring demand following an early holiday hiring surge, while sectors such as healthcare, hospitality, and IT face rising prices as competition for skilled talent intensifies.

“We created the Talent Market Index Report to help provide actionable insights and inform recruitment strategies by going beyond the existing jobs numbers and offering a deeper dive into what’s happening in the labor market with industry-specific hiring trends,” said Adam Stafford, CEO of Recruitics. “The August Report data shows that while retail is enjoying what is likely a brief period of price stabilization, sectors like healthcare and IT see escalating expenses as they vie for a shrinking pool of skilled professionals. This shift points to the need for adaptable, data-backed hiring strategies in a time of increasing competition for talent.”

Sector-Specific Highlights:

Overall Trends: Market prices to attract talent continue to trend upward year-over-year while month-over-month changes diverge across industries.Retail: Market prices decreased sharply by 40.73% over the past month and by 56.39% over the past year, reflecting a stabilization post-aggressive early holiday hiring and moderated inflation. An increase in applicants has further driven down competition for the fewer non-seasonal roles that opened through August.Transportation & Logistics: Prices decreased 5.07% month-over-month and 24.67% year-over-year, indicating a steady decline in industry hiring costs as supply chain disruptions moderate and high interest rates weigh on consumer demand.Hospitality: A 33.8% reduction in prices in August indicates a slight market correction following peak summer hiring. However, the sector remains robust with service roles in high-demand and hiring costs sharply up 223.67% year-over-year as travel has rebounded post-pandemic.Healthcare: Market prices increased by 11.88% month-over-month and 35.12% year-over-year, driven by continued demand and competition for healthcare professionals amid demographic shifts and evolving care models.IT & Related: Although talent attraction prices in IT showed only a small increase of 0.53% in August, they have surged 112.39% over the past year after initial waves of post-pandemic layoffs in tech, fueled by the need for expertise in AI, cybersecurity and cloud computing.Finance & Operations: A minor 2.20% decrease in August reflects a cautious hiring strategy. Yet, the sector has seen a 48.33% year-over-year increase in talent attraction prices, driven by the demand for roles in data analytics, regulatory compliance, and sustainability.

The Talent Market Index Report leverages billions of data points from job advertisements and proprietary Recruitics data, tracking key metrics such as Cost per Click (CPC) and Cost per Application (CPA) across diverse job categories. By analyzing these factors, it serves as a complement to traditional economic indicators like the Bureau of Labor Statistics jobs report and ADP payroll data to help inform trends in employer hiring and provide added context to what’s driving labor market shifts.

Looking ahead, Recruitics will continue to track fluctuations in talent attraction costs across various industries via the Talent Market Index Report, offering a unique lens on the evolving labor market. As economic conditions shift, businesses can rely on this data to adapt their recruitment strategies and stay competitive in attracting top talent.

For more information about the Talent Market Index and to access the latest insights from the August 2024 Report, visit https://info.recruitics.com/blog/talent-market-index-09_24.

About Recruitics

Recruitics delivered the first programmatic job advertising solution and continues to pioneer category-defining technology for end-to-end talent attraction, conversion, and analytics. Recruitics puts AI-powered tools and data into the hands of industry-leading strategists to improve hiring outcomes for talent acquisition teams worldwide. With a best-in-class platform and a commitment to continuous innovation, Recruitics makes it easy for the world’s leading companies to attract and hire exceptional talent.

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Media Contact

Mona Tawakali, CSO, Recruitics, 1 925-284-6228, mona@recruitics.com, recruitics.com

View original content:https://www.prweb.com/releases/recruitics-launches-monthly-talent-market-index-report-302252270.html

SOURCE Recruitics

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Dana-Farber Cancer Institute Partners with Clinical.ly to Enhance Regulatory Operations with eReg Solutions

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — The Dana-Farber Cancer Institute, a world leader in cancer treatment and research, chose Clinical.ly’s (www.clinical.ly) Research Suite™ to streamline regulatory operations, marking a significant step toward more efficient and compliant clinical trial management. Dana-Farber joins a growing number of research organizations that leverage Clinical.ly’s innovative solutions to streamline clinical trial processes. Clinical.ly’s eReg platform offers a comprehensive, paperless solution that centralizes regulatory workflows, ensuring compliance and transparency across clinical trials.

“We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO.

This partnership continues Clinical.ly’s success in providing best-in-class enterprise tools for conducting clinical research. “We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO. “Our eReg platform and wider set of features in Clinical.ly Research Suite™ will empower that renowned organization, and we all look forward to supporting their teams.”

About Clinical.ly Research Suite™ 

Clinical.ly Research Suite™ is a comprehensive solution that eliminates traditional, paper-based processes. By automating and centralizing essential workflows in the Clinical.ly Research Suite™, organizations achieve huge efficiency improvements, greater trial oversight, document management, and regulatory compliance. The Clinical.ly Research Suite™ includes:

eReg: A best-in-class electronic regulatory bindereSource: An intuitive & feature-rich, paperless data capture solution that streamlines data collection from trial participantseConsent: A fully digital solution for capturing informed consent, improving participant engagement and site complianceClinicallySign: 21 CFR Part 11 compliant eSignature functionalityClinicallyPay: A secure and instantaneous participant stipend payment and reimbursement solution

About Dana-Farber Cancer Institute

Founded in 1947, Dana-Farber Cancer Institute is committed to providing adults and children with the best treatment available today while developing tomorrow’s cures through cutting-edge research. Based in Boston, Dana-Farber is a teaching affiliate of Harvard Medical School and ranks consistently as one of the top cancer hospitals in the world.

About Clinical.ly

Clinical.ly provides differentiated, cloud-native technology solutions to the clinical research industry, enabling research organizations to conduct studies with greater efficiency and ease. Clinical.ly is dedicated to developing technology that eliminates tedious manual labor, allowing clinical research professionals to focus on patient care.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-farber-cancer-institute-partners-with-clinically-to-enhance-regulatory-operations-with-ereg-solutions-302253690.html

SOURCE Clinical.ly

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Fall Into Creativity with the Monport Laser Fall Sale

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — Experience laser innovation this Fall with Monport Laser, an industry frontrunner in laser engraving and cutting technology, with an exclusive Fall Sale offering incredible discounts and free accessories on a wide range of high-performance laser engraving machines. From September 19th to September 30th, customers can take advantage of this limited-time opportunity to elevate their laser engraving businesses with cutting-edge laser innovation at unbeatable prices.

Monport Laser has been dedicated to providing innovative and reliable laser machines that empower businesses and individuals to achieve their goals. With a focus on quality, precision, and customer satisfaction, Monport Laser has established itself as a trusted leader in the industry. Their commitment to excellence is evident in every laser they produce, ensuring exceptional performance, reliability, and value.

Embrace the Power of CO2 Laser Technology with Exclusive Offers

Monport Laser will offer two free accessories with selected CO2 laser machines during the Monport Fall sale. These versatile lasers are ideal for various applications, including engraving, cutting, and marking wood, acrylic, leather, and more. By taking advantage of this Fall sale, laser engraving businesses can enhance their productivity and expand their creative possibilities.

Experience Unmatched Value with Fiber Laser Discounts

Monport Laser offers substantial discounts of up to $4200 and 3 free accessories on selected models for those seeking the precision and speed of fiber laser technology. Fiber lasers are renowned for their ability to process metals with exceptional efficiency and accuracy, making them indispensable for metal fabrication, manufacturing, and jewelry production. Additionally, customers purchasing fiber lasers during the Fall sale will receive three free accessories, further sweetening the deal.

Elevate Your Desktop Laser Experience with a Free Water Chiller

Monport Laser is committed to providing comprehensive solutions for businesses of all sizes. As part of the Fall sale, customers who purchase the 40W Desktop laser will receive a Free Water Chiller Cw3000. This essential accessory ensures optimal cooling and performance, prolonging the lifespan of the laser and guaranteeing consistent results.

Discover Additional Savings on a Wide Range of Accessories

Monport Laser offers an additional 20% discount on selected accessories to complete your laser setup. From lenses and nozzles to rotary tables and smoke extraction systems, customers can find everything they need to maximize the potential of their laser machines.

Unleash Your Creativity and Productivity

Monport Laser’s Fall sale is the perfect opportunity to invest in laser technology that empowers your business or fuels your creative passions. With exceptional discounts and free accessories, you can acquire the ideal laser solution to meet your needs and budget.

Whether you’re an entrepreneur, artist, or manufacturer, Monport Laser’s advanced laser machines offer unparalleled precision, versatility, and reliability. Take advantage of this limited-time Fall sale and unlock your projects’ full potential for laser innovation.

About Monport Laser

Monport Laser is a global leader in designing, manufacturing, and distributing high-quality laser machines and accessories. With a commitment to innovation and customer satisfaction, Monport Laser provides cutting-edge solutions for various industries, including manufacturing, engraving, marking, and more.

For more information, visit monportlaser.com and follow them on social media for the latest updates.

Website: https://www.monportlaser.com/

 

 

 

View original content:https://www.prnewswire.com/news-releases/fall-into-creativity-with-the-monport-laser-fall-sale-302253699.html

SOURCE Monport Laser

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MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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