Recruiting, Staffing & Employment News – June 2013
Redfish’s main recruiting in May involved Quality Assurance, Systems and other Software Engineers, as well as Delivery Managers. The main tech sectors where we were busiest include Cloud/Grid Computing, Performance Management Software, Network Intelligence, and 3D Mapping Software.
Tech sectors are steaming along, and the competition to hire talent is on-going. There is also a shortage of qualified talent in sectors like health care, biotech and cleantech.
The wider economy appears to be gathering steam as well. Indications of the recovery include the U.S. economy growth at a 2.4%, brisk vehicle sales, and very important real estate gains. The jobs report Friday showed that payrolls rose 175,000 last month after a revised 149,000 increase in April that was smaller than first estimated (private payrolls rose 178,000 after gaining 157,000 in April); the unemployment rate rose to 7.6 percent from 7.5 percent.
Another indicator is the 2.9% growth in U.S. staffing employment of temporary and contract workers in the first quarter of 2013 over the same period last year. (Temporary jobs are typically considered an indicator of full time employment trends.) This is the 13 consecutive quarter of year-to-year staffing job growth since the recession ended in 2009.
The biggest hitch in the giddy-up appears to be stifled demand caused by the austerity cuts, which affected the economy more than proponents had bet. “Employment growth is decent but not gangbusters,” said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts. “Between the federal government and the rest of the world we’re not getting a lot of help.” We live in interesting times…