Autumn tends to be a busy time in the architecture, engineering and construction industry. The official transition into the fourth quarter can add to the pressures felt from impending project deadlines and unmet yearly goals.  There is no need to succumb to these end-of-year anxieties!  RealStreet's talent management solutions can provide highly qualified professionals to your company without the hassle of long-term hiring commitments or the burden of additional HR responsibilities.  While you focus on your career and your company's top priorities, let us help you wrap up the year on a high-note! 

Best wishes from everyone at RealStreet! 

Sincerely,
  
Katy Cook, CSP
Marketing Coordinator
 
What's New at RealStreet
We Need Your Help
As a FEMA Public Assistance Technical Assistance Contractor (PA-TAC), RealStreet has provided Disaster Recovery Technical Specialists to FEMA since 2004. We continue today to provide the best, highest qualified technical specialists to support the various recovery efforts.
 
As one of the lead companies supporting the Hurricane Harvey and Hurricane Irma recovery efforts, we and those affected have a great need for skilled architects, engineers and construction professionals to assist in this critical mission.
 
If you need more information, we encourage you to check out the  job posting on our website, look us up on CareerBuilder or reach out to us directly at 410-480-8002.  Resumes can be submitted via e-mail to  Irma2017@RealStreet.com  or online, directly from the job post

F eel free to pass this email along to anyone you feel might be a good fit for this vital mission. Thank you!



RealStreet is Heading to CMAA in Washington DC
RealStreet is attending the 2017 CMAA National Conference & Trade Show in Washington, DC from October 9-11, 2017.  We hope to see you there! 

If you are attending, make sure to come to our booth for our Boh's & O's Happy Hour!

RealStreet Booth: #210


RealStreet is Seeking a Recruiting Coordinator
Looking for a recruiting role at a well-established company?

We are seeking a Recruiting Coordinator to support our Marriottsville, MD branch offices. The position has growth potential and is a great opportunity to gain valuable recruiting experience with a leading, national employment firm!

Interested? Check out the   full job post and apply online !

Examples of Recent Placements
RealStreet Recently Hired...
  • Construction Managers
  • Direct Hire Bridge Inspection Team Leader 
  • Field Superintendent
  • Finance Assistant
  • Project Manager
  • Sr. Program Manager 
  • QA / QC Analyst
  • Program Manager
  • Electrical Engineer
  • Field Superintendent / Quality Control Managers
  • Construction Manager II
  • General Planner II
  • Director of Facilities & Construction Management
  • Estimator
  • Owner's Representative
  • Auto CAD Designer /Drafter
  • Project Coordinators
  • Document Control Technician 
  • Mechanical Designer/Engineer
Do you have an open position?  Contact us  to learn how we can help!
Interesting Industry Information
How is the Overall Workforce?
The U.S. Department of Labor - Bureau of Labor Statistics publishes a "Monthly 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.  The US economy added 156,000 jobs last month and the unemployment rate increased slightly to 4.4%.  For more information, check out the BLS' interactive graphs one of which is provided to the right. 

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 237,000 within the private non-farm sector. According to  MarketRealist, this report includes private non-farm payroll while the BLS Report includes both. 

Future Indicators:  
 
According to the  American Institute of Architects (AIA) the August Architecture Billings Index (ABI) shows an increase in demand for design services for the seventh straight month. 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, 
  • August ABI Score: 53.7 (51.9 - July)
  • August New Projects Inquiry Index: 62.5 (59.5 - July)
  • August New Design Contracts Index: 56.4 (54.2 - July)
Construction Starts: 

The Dodge Data & Analytics' Momentum  Index slipped to 2.4% in August, from 132.2 in July, to 129.1. As the  Dodge Momentum Index tracks  and measures the initial reporting of non-residential building projects, Dodge attributes the overall drop to a large (8.7%) decrease in commercial project starts. D espite the recent drop, economists suspect it is simply due to demand leveling out at a steadier rate of development.

Ongoing Uncertainty

Many are disappointed that job growth has fallen short for the second straight month The labor participation rate is holding relatively steady, but wages are not increasing as expected. Furthermore, the Federal Reserve isn't overlooking the employment situation to initiate its balance-sheet reduction  plan.

As stated by Barclays chief U.S. economist Michael Gapen in a recent  CNBC publication, the  impact of the recent natural disasters, Hurricanes Harvey & Irma, was not factored in at the time of the August reports. He believes the September reports will incorporate this information and estimates an initial reduction in roughly 75,000  jobs from Harvey alone. 

Impact of Recent Hurricane Disasters
The US is facing a number of challenges i n the wake of the 2017 hurricanes. Not only did many Americans lose their homes, but also their jobs in the destruction. 
 
According to The Department of Labor in a recent CBS MoneyWatch publication, the "weekly applications for jobless aid jumped 62,000 to a seasonally adjusted 298,000, reaching the highest level in two years." 

The figure to the right, from Citi Research and featured in a Business Insider article, illustrates the spike in jobless claims that often results from a natural disaster. At just under $300 billion and climbing, recovery estimates for hurricanes Harvey and Irma far surpass those of previous hurricanesThe massive recovery efforts will require a great deal of skilled employees. Based on CCI research, the talent shortage was a concern to over 90% of contractors prior to Harvey and Irma. Demand for quality workers in the gulf region will further strain talent shortages across the country. 
 
Additional areas economists predict will be significantly impacted include g asoline prices, ca r sales and the h ousing market. 

Are you or anyone you know looking for a challenging new architecture, engineering or construction job opportunity? Forward this email and encourage them to apply today

Featured News Post
The Importance of Company Culture
Company culture is not just a trendy catchphrase. While in recent years the importance of it has come to the forefront, the need for a clearly defined culture is essential to ongoing business success. Why does it matter?

Companies that neglect to establish and maintain a strong identity (through shared values, practices, and beliefs) face increased risks, such as:
  • Having the culture defined for them (e.g. by employees)
  • Missing out on quality candidates (who value cultural fit)
  • Loosing employees (who may lack a sense of belonging and/or feel undervalued, disengaged, etc.)
On the other hand, businesses that take the time to instill a strong culture see a variety of returns! Read the full article for 4 Benefits of a Well-Defined Company Culture

Cyber Security
Equifax Data Breach
Nearly 44% of the US population was impacted by the massive data breach of Equifax's systems that occurred mid-May and lasted through July of this year! To make matters worse, Equifax didn't announce the details on the Cyber Security incident until mid-September, leaving the approximately 143 million impacted individuals in the dark. Now, two weeks later, do you know if you are a victim and what you need to do to protect yourself moving forward?

What type of information was taken during the breach?

The investigation is ongoing at this time (September 2017) but the company website is making regular updates to provide consumers with up-to-date information. According to an Equifax press release "the incident potentially impacts personal information relating to 143 million U.S. consumers."  Primarily concerns include PII such as: names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers and credit card information, etc.

What should you do?

As stated in a recent Forbes article about the attack, odds are, your information has been compromised. In addition to providing an informative yet concise background on the incident, the document also provides steps to determine exposure and tips to minimize future damage.
  • Step 1: Visit www.equifaxsecurity2017.com on a secure computer and internet connection to find out if your information was exposed.
  • Step 2: Enroll in free credit monitoring (even if the Equifax site does not say you were affected) - before November 21, 2017!
  • Step 3: Sign up for more free credit monitoring services - one is not enough!
  • Step 4: Check your current and past credit scores to establish a baseline.
  • Step 5: Monitor your credit reports and respond to any inaccuracies immediately.
  • Step 6: Consider placing a freeze on your credit (high risk individuals should consider this option, as it makes it much more difficult for someone to take out credit in your name).
  • Step 7: Place an extended fraud alert on your file. A fraud alert isn't quite as airtight as a credit freeze, but it can be a more affordable way to reduce the risk.   
  • Step 8: Step up a fraud alert to warn potential creditors to get additional identification from you.
  • Step 9: Continue to monitor your accounts.
  • Step 10: Make a plan to file taxes next year. Tip: file your taxes as early as possible!

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 of them 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.