Employment continuing growth in 2014

LIBERTYVILLE, Ill. - June 24, 2013 - PRLog -- According to the newly released 2013 edition of Workforce Ratios & Forecasts from Schonfeld & Associates, employment in 2014 will grow in most industries with productivity, as measured in sales per employee, also continuing to increase.

The largest U.S. based employer will be Wal-Mart Stores with over 2.3 million employees in 2014, up 2.4 percent. The largest non-U.S. based employer will be Petrochina, China’s largest company, with 702,000 employees, an increase of over 11 percent.

The Variety Store industry, which includes Wal-Mart and Target, will be the largest employer with over 3.6 million employees, reflecting a 2.5 percent increase. Commercial Banks will be the second largest industry with over 3.5 million employees, up slightly. Eating Places will be third with over 3.2 million employees, up 4.4 percent.

All sectors of the workforce are growing – a welcome change from the past few years.

As in the past, areas of computer software development continue to show robust workforce growth. The Prepackaged Software industry, growing at over 8 percent, includes over 210 companies employing over 830,000 workers. The Computer Programming industry, which provides services rather than a product for sale, will grow at 8.7 percent to employ over 1.5 million workers worldwide.

These predictions come from the 2013 edition of Workforce Ratios & Forecasts by Schonfeld & Associates. The study contains historical employment for 2012, an estimate for 2013, and a forecast of 2014 for over 6,400 individual companies and summaries for over 410 industries. Besides headcount, Workforce Ratios & Forecasts provides Sales Per Employee, Gross Margin Per Employee, and Sales Growth Rate for each company and industry. This year, more than 8 out of every 10 industries show an increase in employment for 2014.

In an era of downsizing, right-sizing, mergers and acquisitions, Workforce Ratios & Forecasts provides clear benchmarks for competitive planning and budgeting. It can also be used by executive search firms seeking clients and by outplacement firms identifying emerging areas of employment growth.

Workforce Ratios & Forecasts is 240 pages. The information is also available for all companies and industries in Excel datafiles. Additional information is provided within the data to allow for analysis by corporate location or NAICS code. The 2013 edition of the report is $ 395; the report along with Excel datafiles is $ 495. Both are available from Schonfeld & Associates, Inc., 1931 Lynn Circle, Libertyville, Illinois 60048.  Call for more information:  800-205-0030 or visit http://www.saiBooks.com
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Tags:Headcount, Workforce Productivity, Workforce Ratios, Workforce Growth
Industry:Human resources, Business
Location:Libertyville - Illinois - United States
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