U.S. job growth will likely continue at its present rate into 2016, according to CareerBuilder's annual job forecast released today.
The forecast indicates that 36% of employers plan to add full-time, permanent workers to their payrolls in 2016, holding the same level reported at the start of 2015. The U.S. has added an average of 200,000 jobs per month over the last 2 years, a trend which CareerBuilder's CEO Matt Ferguson expects to continue or improve in 2016.
Some industries plan to hire more than others. Nearly half of all employers in the financial services, informational technology and health care industries say they expect to add more full-time staff in 2016.
Almost half of all employers say they are planning to add more temporary and contract workers to the payroll, according to the survey. Temp jobs are increasingly the start of a career channel. 58% of employers who plan to add temporary and contract workers say they will move some of them into permanent positions in 2016.
In addition to more opportunities for temporary and contract workers to transition into permanent positions, this year will offer greater mobility for low-skill workers to advance to higher-skill jobs. 33% of employers say the plan to hire low-skill workers and train them to occupy higher-skilled positions.
Younger workers are also in luck in this year's job market. 1 in 4 employees plan to hire high school students as interns in the coming year to prepare the next generation of workers in STEM career fields.
At 42%, the Western United States boasts the highest percentage of employers who expect to add full-time workers in 2016, followed by the South at 36%. Employers in the Midwest and Northeast report the lowest rates of expected job creation, at 34% and 30%, respectively.
The largest firms plan to add the most workers in 2016. 42% of companies with 500 or more employees say they plan to add more this year, compared to just 27% of companies with 50 or fewer employees.