September 8, 2014
Tech Dog Days of Summer
Recruiting, Staffing & Employment News
End of summer tech hiring was strong in sales and marketing as well as development. Redfish staff reported that the majority of hiring was for Senior Account Executives, a Director of Marketplace Growth, and an Artist Relations Manager on the S&M side. Tech hiring was predominantly for Backend Engineers and Serving Software Engineers, and a Technical Product Manager. The tech sectors with the strongest hiring in August were: IT Agility Applications, Wireless Digital Health Technology and Wearable Health Technology, Social Media Platform, and Social Music Connection Platform.
The DICE midyear hiring survey highlights the low unemployment rate for tech professionals, it is about half that of the overall job market. And the unemployment rate for some tech positions are especially low, for example 1.1% for network architects and 1.2% for database administrators. “These meager numbers will fan recruiting battles (more…)
August 4, 2014
Technology Goods & Services Driving Trade
In July recruiting and hiring activity revolved around senior roles: Senior Account Executives, Senior Product Marketing Manager, Technical Marketing Manager, DevOps, and Senior QA Engineers. The primary hiring occurred by companies focused on Semantic Intelligence Software, AdTech Platform, Customer Loyalty/Retention Technology, Game Development Technology, and CRM for Google Apps.
The American economy revved up the second quarter with GDP hitting a seasonally adjusted annual rate of 4.0%, according to the Department of Commerce. (more…)
December 9, 2013
Recruiting, Staffing & Employment News – December 2013
November’s Business Floating in the Cloud!
Redfish Technology, Nationwide High Tech Recruiters, placed sales professionals and software developers in cloud related sectors in the month of November. With Virtual Testing, Data Sync, Hosting, and SaaS Migration showing the most hiring activity.
According to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry, IT employment grew for the 26th consecutive month. In fact, on a year-over-year basis, IT employment grew by 5.53% since October 2012 adding 236,200 IT workers. Engineering jobs also grew again in October, adding 36,600 engineering workers on a year-over-year basis since October 2012 (+1.50%).
The latest Federal Reserve Bank of Philadelphia forecast shows little change for the U.S. economy outlook. Real GDP is expected to grow at an annual rate of 1.8 percent this quarter, down from the previous estimate of 2.2 percent. Looking ahead to next three quarters, the Federal Reserve anticipates 2.1% average GDP growth.
The Jobs Report showed that private payrolls increased by 196,000 (beating expectations of 173,000). This follows gains of 214,000 in October. The unemployment rate dropped to 7.0 percent from 7.3 percent in October (also better than expected). Growing sectors included the goods-producing jobs (+44,000), professional and business services (+35,000), retail trade (+22,000), manufacturing (+27,000), and construction (+17,000).
June 10, 2013
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. (more…)
May 6, 2013
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Recruiting, Staffing & Employment News – May 2013
Numbers are okay
Employment growth was up over last month, the economy grew 2.5%, unemployment numbers are down to 7.5%, so far so good, the big numbers are looking okay.
Dialing down, job growth was mostly driven in the professional and business services (+73,000), food services and drinking places (+38,000), retail trade (+29,000), and health care (+19,000) sectors.
In April, Redfish Technology’s main placement growth was in mobile video advertising, mobile financial services, mobile application tools, and enterprise content management.
In tech hot spots, such as Silicon Valley, there’s intense competition for tech talent; at the same time there is reluctance to change jobs by many in the sector. “Staffing firms in the technology space are definitely very active today,” said Scot Melland, chairman, CEO and president of Dice Holdings, “and they’re seeing their businesses do pretty well.”
CareerXroads did a source of hire survey recently that shows that as we pull out of the recession, the largest U.S employers report growing usage of retained and contingent recruiters, especially with the harder to fill roles. In 2005, reportedly 5.2% of jobs were filled by external recruiters, compared to 2.3% in 2009 and now at 3.1% in 2012.
The survey further reports that at 24.5% the biggest percentage of external hires comes from referrals; that is the lowest percentage since 2001. In 2011, the companies in the survey said 28% of their external hires were the result of referrals.