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Ventura County Job Trends In the Wake of the Recession

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

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Ventura County Job Trends In the Wake of the Recession

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  1. Ventura County Job TrendsIn the Wake of the Recession Tracy Perez, Business Development Specialist Express Employment Professionals

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. Ventura County Indicators Our business indicators show economic growth year-to-date over last year:

  9. Ventura County Indicators,continued

  10. Client Mix by Number of Employees Average client size: 65.64 employees

  11. 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.

  12. Light IndustrialAssociates Out Workingby Job Title11/1/2010 thru 5/1/2011

  13. Clerical Associates Out Workingby Job Title

  14. 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

  15. Ventura County Occupations in Demand • Quality Assurance/Quality Control • CNC machinists, operators, programmers • Sales Positions • Engineers • IT positions • Web Developers • Graphic Designers • Hybrid positions

  16. Difficult to Fill Positions • Skill specific technical positions • Hybrid Positions

  17. EmployabilitySkills 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

  18. 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

  19. Match Making through Flexibility Workers want it, businesses need it and it’s good for the economy of Ventura County

  20. 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).

  21. 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”

  22. 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

  23. 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

  24. Thank you! Tracy Perez tracy.perez@expresspros.com www.expresspros.com

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