Archive for February, 2016

Did Tampa retail jobs get cut?

Tuesday, February 9th, 2016

A report from Challenger, Gray & Christmas shows that Tampa retail jobs may have been cut.

Heavy downsizing in the retail and energy sectors pushed monthly job cut announcements to their highest level since last summer, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

In all, US-based employers reported 75,114 planned job cuts to kick off 2016. That is a 218 percent increase from a 15-year low of 23,622 in December. January was 42 percent higher than the same month a year ago, when employers announced 53,041 job cuts.

Retail cuts were dominated by Walmart, which announced plans to close 269 stores worldwide, which is expected to impact 16,000 workers. Macys is also planning to close stores in 2016, a move that will affect 4,820 employees.

In addition to increased retail job cuts, January also saw the return of heavy job cuts in the energy sector. Overall, these firms announced plans to reduce headcounts by 20,246, up from 1,682 in December.

The January total for the energy sector was higher than month since the decline in oil prices began in late 2014. The previous high was January 2015, when 20,193 jobs in the sector were eliminated.

“The pace of downsizing in the energy sector ebbed in the second half of 2015, but the latest activity, which included more cuts from Halliburton and Schlumberger, is evidence the industry is far from concluding its cost-cutting initiatives. With oil prices expected to stay low for the foreseeable future, the potential for continued layoffs remains elevated,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas.

“Retail job cuts came on the heels of a relatively strong holiday sales, which increased by nearly 8.0 percent. However, a growing portion of the sales gains are occurring online. At Macy’s, for example, November and December sales at its brick-and-mortar stores fell by about 5.0 percent, while orders through its online entities were up 25 percent from a year earlier, according to reports,” said Challenger.

Nursing jobs in Tampa continue to grow

Friday, February 5th, 2016

Recent statistics from the Bureau of Labor Statistics show that nursing jobs in Tampa have burgeoned.

In December, health care employment rose by 39,000, with most of the increase occurring in ambulatory health care services (+23,000) and hospitals (+12,000).

Job growth in health care averaged 40,000 per month in 2015, compared with 26,000 per month in 2014. Food services and drinking places added 37,000 jobs in December.

In 2015, the industry added 357,000 jobs. Employment in transportation and warehousing rose by 23,000 in December, with a gain of 15,000 in couriers and messengers.

Within the information industry, motion pictures and sound recording added 15,000 jobs in December, offsetting a decline of 13,000 in the prior month. Employment in mining continued to decline in December (-8,000).

After adding 41,000 jobs in 2014, mining lost 129,000 jobs in 2015, with most of the loss in support activities for mining. Manufacturing employment changed little in December, though its nondurable goods component added 14,000 jobs.

In 2015, manufacturing employment was little changed (+30,000), following strong growth in 2014 (+215,000).

Employment in other major industries, including wholesale trade, retail trade, financial activities, and government, changed little over the month.

Payroll employment rose by 292,000 in December, and the unemployment rate was unchanged at 5.0 percent.

Employment gains occurred in several industries, led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline.