As we wrap up 2017, RealStreet would like to thank you for helping us see success in the past year. We continued to grow, adding a number of new employees to our team, and are excited for the opportunities to come in 2018!  From everyone at RealStreet,  best wishes this holiday season and our most sincere thanks for your loyalty throughout the year!  

Sincerely,
  
Katy Cook, CSP
Marketing Coordinator
 

What's Happening at RealStreet?
We Still Need Your Help!
RealStreet still has a great need for skilled architects, engineers and construction professionals to assist in the hurricane disaster recovery efforts.  Resumes can be submitted via e-mail to  Irma2017@RealStreet.com  or online, directly from the job post

RealStreet Recently Returned from the 
SAME Small Business Conference!
RealStreet recently attended the 2017 SAME Small Business Conference in Pittsburgh.   During this event, we hosted an awesome Boh's & O's Happy Hour! In addition to enjoying a cold one, attendees had the opportunity to enter our grand prize drawing: a chance to win a private suite at Camden Yards during an Orioles game in the 2018 season!

The entries came home and we held a drawing.  Watch the video to see who won!  

Interesting Industry Information
How Does the Job Market Look?
For another look at the information, check out the BLS' interactive graphs.
The U.S. Department of Labor - Bureau of Labor Statistics publishes a "M onthly Jobs Report"  soon after the beginning of each month. Each report describes the previous month's employment situation, based on data such as the number of jobs that were added to the economy and the unemployment rate. According to t he  October Jobs Report,  t he US economy saw an increase of 261,000 jobs last month while the unemployment rate decreased slightly to 4.1%. 
 
The ADP Research Institute provides an alternative look at our country's employment situation. The report, which is always released two days prior to the publication of the BLS Employment Situation, showed an increase of 235,000 jobs within the private non-farm sector. According to Market Realist, this report includes private non-farm payroll while the BLS report includes both private and government sectors.

While there are varying opinions, the reports show a relatively positive outlook, even in the wake of the recent hurricane disasters. M ark Zandi, Chief Economist at Moody's Analytics, stated in a recent Wall Street Journal article that "the job market rebounded strongly from the hit it took from Hurricanes Harvey and Irma." As w age gains have been marginal, m any concerns regard the lack of significant improvement in compensation for American workers.

Construction Industry 
   
ADP reported that the construction industry added 62,000 jobs in October, while the BLS showed an increase of 11,000 within the  industry. Furthermore, the BLS found  that unemployment within construction was higher than the national average, at 4.5%.
 
As stated in a recent ENR article, Ken Simonson, the Associated General Contractors of America's chief economist, believes that "while some of the job gains may reflect hurricane recovery work in Texas and Florida, recent spending and regional employment data show the job growth spans both residential and nonresidential projects and is occurring in most states." Moody's Mark Zandi believes the "resurgence in construction jobs shows the rebuilding is already in full swing." 

The Dodge Momentum Index tracks and measures the initial reporting of non-residential building projects. With the increase in non-residential construction projects, the  Dodge Data & Analytics ' Momentum  Index rose 13.2% in October to 130.9, in anticipation of future spending.  Dodge's analysts believe that "while month-to-month activity could continue to be volatile, there are enough projects in the pipeline to sustain growth into 2018."

Future Indicators  
 
According to the American Institute of Architects (AIA) the October Architecture Billings Index (ABI) shows a slight decrease in demand for design services. According to the AIA, the ABI is the leading economic indicator of construction activity, as it "reflects the approximate nine to twelve month lead time between architecture billings and nonresidential construction spending." 
 
According to the AIA, 
  • October ABI Score: 51.7
    (49.1 - September)
  • October New Projects Inquiry Index: 60.2 (59 - September)
  • October New Design Contracts Index: 52.8 (52.9 - September)
According to  a recent  AIA article,  architecture firms predict growth in the coming year, but many are concerned about finding qualified candidates to fill open positions as they expand. AIA Chief Economist Kermit Baker is optimistic about construction in the new year as well, stating that  "as we enter the fourth quarter, there is enough design activity occurring that construction conditions should remain healthy moving through 2018."
RealStreet Recently Hired...
  • Program Delivery Managers
  • Construction Managers
  • Estimating Manager
  • Program Coordinator
  • Track Engineer
  • Field Superintendent / Quality Control Managers
  • Director of Facilities & Construction Management
  • Estimator
  • Owner's Representative
  • Auto CAD Designer /Drafter
  • Project Manager
  • Sr. Program Manager 
  • QA / QC Analyst
  • Program Manager
  • Electrical Engineer 
Do you have an open position? Contact us to learn how we can help!
Featured News Post
Is Your Company Positioned for Innovation?
In today's fast-paced world, things change at a rapid pace. If your company fails to keep up, it will get left in the dust. Innovation needs to be a top priority. 

As many companies realize all too late, talking about advancement and actually taking the necessary steps to advance, are not the same. If your team is merely treading water, try the five tips in this RealStreet news post to encourage innovation throughout your workforce.


Seasonal Safety
Protect Your Business from Cyber Threats
this Holiday Season
The holiday season is upon us! Consumers flock to internet sites to buy gifts and take advantage of hot deals, cyber-criminals will capitalize on the influx. Taking advantage of the heavier traffic and increased sales, cyber-criminals will create new scams, including fake websites, infected web links and phishing scams.

While every employer would like to think their employees are completely focused on their work while on the clock, they should take measures to prepare against cyber threats this holiday season. Not only does the temptation to shop online increase during this time, but also the likelihood of exposure to malware, scams and other security issues.

Companies should carefully address gaps in their security systems and educate their teams on safe cyber behaviors during the holiday season. According to a Forbes article, businesses can plan ahead against company-wide holiday cyber attacks by taking these precautions:
  • Inspect all incoming data to stop advanced persistent threats like ransomware by enabling SSL decryption and deep packet inspection on all traffic
  • Make sure your company is using SSL certificates for your websites
  • Advise employees to avoid shopping during work hours
  • Remind employees to only shop on websites with HTTPS in the web address and a green lock icon in the address bar, which indicates stronger security
  • Back up your business-critical data just in case an attack does occur
Educate employees, reminding them of general risks and precautions they can take when doing anything online. A recent CSO article suggests: 
  • Avoid clicking on links in emails or on websites unless you check them first
  • Using your search engine to research unfamiliar companies / websites
  • Looking at the website design (professional, matches brand, secure, etc.)
  • Use a secure checkout system when making purchases
  • Be skeptical
This only scratches the surface. The more you e ducate yourself and your employees on cyber threats, the better prepared you will be to avoid scams and minimize damages this holiday season.

Holiday Safety
While the holiday season is full of cheer, it brings with it a variety of risks as well. Use the following tips to ensure you, your friends and family have a safe and happy holiday season!

The  National Safety Council  recommends:
  • Never use lighted candles near trees or boughs
  • Keep poisonous plants out of reach of children and pets
  • Ensure trees have a stable platform and keep them away from fireplaces, radiators and other heat sources
  • Ensure artificial trees are labeled fire resistant and natural trees are watered
  • Check holiday lights for fraying, bare spots, gaps in the insulation or excessive kinking in the wire 
  • Turn off all tree lights and decorations when not in use
  • When putting up decorations, use a step stool or ladder to reach high places
  • Designate a sober driver when celebrating away from home
  • When preparing a meal, wash hands, utensils, sink and anything else that touches raw meat
  • Reheat leftovers to at least 165 degrees Fahrenheit
Additional tips: 
Keep in Touch!
Feedback Wanted! 
We Value Referrals!
Would you mind taking a moment to  write a few sentences  about your experience working with RealStreet?  Thank you!
Who in your network is looking for a new opportunity? 

Check our  open positions to see if any are a match to the job seekers that you know. At RealStreet we value great candidates and when it comes down to it, we know you're the Real Deal! We have a great referral program that compensates you for every qualified referral you provide us.