Job market continues to grow at rapid pace

American workers are taking advantage of the highly competitive hiring environment among employers. According to CareerBuilder's mid-year job forecast, 63% of employers plan to hire full-time, permanent workers in the second half of this year.  That's up from 60% last year.  

The study also found that employers expect to provide greater financial incentives to new workers and existing staff.  In fact, 45% of employers plan to increase starting salaries for new job offers with 23% increasing starting salaries by 5% or more.  

58% of employers will increase compensation for current employees before year's end with 24% planning an increase of 5% or more on average. 

Photo: Getty Images


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