July 2018 Workforce Report According to LinkedIn (Phoenix AZ)

The purpose of the monthly LinkedIn Workforce Report is to describe the newest trends in the U.S. workplace. For easier clarification, the report is partitioned into two sections: National (offering insight into skills gaps, migration trends, and hiring across the country) and City (presenting insight into contained employment developments in 20 of the main U.S. metro areas; namely: Atlanta GA, Boston MA, Chicago IL, Cleveland-Akron OH, Dallas-Ft. Worth TX, Denver CO, Detroit MI, Houston TX, Los Angeles CA, Miami-Ft. Lauderdale FL, Minneapolis-St. Paul MN, Nashville TN, New York City NY, Philadelphia PA, Phoenix AZ, San Francisco Bay Area CA, Seattle WA, St. Louis MO, and Washington D.C.

Phoenix Job Market - Graph and Smartphone

The central goal is to generate economic prospects for all workers on a global level. Whether employed or unemployed, these insights may help you and your colleagues discover new hiring developments within your industry, investigate new and useful skills to make you more marketable to potential employers, or – for those considering relocation — realize which cities offer the best opportunities for growth and personal success.

For purposes of this article, we focus on the most recent employment climate in Phoenix AZ.

Hiring

Compared to exactly one year prior, June of 2018 saw a hiring increase of 10.4 %. However, seasonal hiring disparities (such as companies who increase or decrease their employee roster during the December holiday season) decreased 5.4% from May to June. Job seekers in the Phoenix area can search LinkedIn Jobs to discover what’s new on local job market.

Skills Gap

When the skills needed by an employer do not match those possessed by employees or job candidates, this indicates what is known as a skills gap. In basic terms, it is a divergence between supply and demand on an employment level.

The skills which are in highest abundance in the Phoenix area are:

  • Architectural Design
  • Customer Service
  • Embedded System
  • Employee Training and Development
  • Green Building Construction and Design
  • Home Improvement
  • Integrated Circuit (IC) Design
  • Minding and Commodities
  • Phoenix has an abundance of the following job skills:
  • Renewable and Sustainable Energy
  • Software Engineering Management and Requirements Gathering

Those skills which are most scarce in Phoenix include:

  • Accounting
  • Administrative and Office Management
  • Banking
  • Crime Prevention and Security Law
  • Graphical Design
  • Insurance
  • Life Sciences
  • Litigation
  • Logistics and Supply Chain Management
  • Non-Profit, Fundraising, and Grant Making

Migration

Within the last 12 months, Phoenix gained the most workers from Los Angeles CA, Chicago IL, and Tucson AZ. A total of 6.04 workers for every 10,000 LinkedIn members in Phoenix moved to the city from Los Angeles CA in the last year.

The top three cities from where Phoenix has gained the most workers, per 10,000 members are:

  1. Los Angels CA
  2. Chicago IL
  3. Tucson AZ

Over the last 12 months, Orlando FL, Dallas-Ft. Worth TX, and Austin TX gained the most workers from Phoenix. In other words, for every 10,000 LinkedIn members in the Phoenix area, 0.78 workers relocated to Austin TX.

The greatest level of gross migration in Phoenix (gains + losses) occurred with Los Angeles CA. Therefore, for every 10,000 LinkedIn members in the city of Phoenix, 30.89 workers either relocated to or from Los Angeles CA within the last year.

Phoenix Job Market - City Skyline

For the full version of this article, including visual graphics and helpful resources, please visit: Workforce Report – July 2018 – Phoenix

Fred Coon, CEO

 

Stewart, Cooper & Coon, has helped thousands of decision makers and senior executives move up in their careers and achieve significantly improved financial packages within short time frames. Contact Fred Coon – 866-883-4200, Ext. 200