Improved Hiring, Tech Sector Nearing Full Employment: Hiring Continues to Get More Competitive
Recruiting, Staffing & Employment News – June 2015
The job market hired more than predicted, but the unemployment rate stayed at 5.5% as more people rejoined the workforce. Tech Unemployment keeps going down and hit 1.9% last month, the lowest since June 2008. That’s nearly three times lower unemployment than in the tech sectors. With the Tech Sector nearing full employment, hiring continues to get more competitive. “Staffing firms are being hired to fill excess jobs that HR teams can’t fill internally either due to overall challenging conditions or lack of internal recruiting time and resources especially for these jobs with niche skill sets,” Meredith Amdur, president and CEO of Wanted was quoted as saying in the ERE.net article Employers Turning to Agencies to Fill Toughest Jobs.
At Redfish, the hottest tech sector hiring in May were: RF Solutions, Wine Application, Security Industry, B2B Demand Generation, App Security, Customer Care & Fulfillment Center, Cloud Hosting, Mobile Connectivity, and Social Advertising Delivery Platform. Redfish Technology placed tech talent in the roles of: Chief Executive Officer, VP of Product, Commerce Operations Manager, Customer Success Managers Senior Community Manager, Web Developer, ASIC Design Engineer, Crypto/SDK Engineer, Technical Writer, Senior Software Engineer, Software Development Engineer, Linux Technical Support, and DevOps Engineer.
The Bureau of Labor Statistics reported that the economy gained 280,000 jobs in May. That’s an average of 207,000 per month for the quarter, and 2015 passed the 1,000,000 jobs created mark. The jobs report showed the strongest growth in: professional and business services (+63,000), leisure and hospitality (+57,000), healthcare (+47,000), retail trade (+31,000), arts, entertainment, and recreation (+29,000), temporary help services (+20,000), construction (+17,000), transportation and warehousing (+13,000), financial activities (+13,000), computer systems design and related services (+10,000), management and technical consulting services (+7,000).