Workforce Continues Growing In 2015

LIBERTYVILLE, Ill. - June 26, 2014 - PRLog -- According to the newly released 2014 edition of Workforce Ratios & Forecasts from Schonfeld & Associates, employment in 2015 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 2015, up 2percent. The largest non-U.S. based employer will be Volkswagen, with 706,000 employees, an increase of over 9 percent.

Commercial Banks will be the largest employer with over 3.5 million employees, down slightly.The Variety Store industry, which includes Wal-Mart and Target, will be the second largest industry with over 3.3 million employees, reflecting a 2.6 percent increase. Eating Places will be third with over 3.3 million employees, up 4.7 percent.

As in the past, areas of computer software development continue to show robust workforce growth. The Prepackaged Software industry, growing at 8 percent, includes over 220 companies employing over 805,000 workers. The Computer Programming industry, which provides services rather than a product for sale, will grow at 5.6 percent to employ over 1.3 million workers worldwide.

The future is not as bright, however, for all sectors of the economy. Employment in financial related industries will experience negative growth.

These predictions come from the 2014 edition of Workforce Ratios & Forecasts by Schonfeld & Associates. The study contains historical employment for 2013, an estimate for 2014, and a forecast of 2015 for over 6,600 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. Which of the 100 largest industries generates the highest Sales Per Employee? Answer: Life Insurance with over $1,628,000 in revenue per employee.

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.

The Workforce Ratios & Forecasts report is 247 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 2014 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, Illinois60048.  Call for more information:  800-205-0030 or visit

Carol Greenhut
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Tags:Workforce Ratios, Workforce Growth, Headcount, Workforce Productivity
Industry:Business, Human resources
Location:Libertyville - Illinois - United States
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