The U.S. Bureau of Labor Statistics reports that the number of jobs in the Salt Lake City metro increased by 23,700 during 2016, up 3.4 percent.
That rate was tied for no. 2 among the nation’s 51 metropolitan areas that have at least 1 million residents. Others tied with Salt Lake City were San Jose and Seattle. Orlando topped the list, up by 4.2 percent.
The Utah DWS has published its most current employment situation report for Utah. Utah’s current job growth and unemployment rates substantially outpace the rest of the country. View the stats at: https://goo.gl/FbJrNk
Trendlines is published quarterly by the Workforce Research and Analysis Division of the Utah Department of Workforce Services. It provides feature articles and a basic understanding of Utah’s Economy. Contributors include DWS economists and analysts and economists and analysts at the Governor’s Office of Planning and Budget. The new report can be found here: http://ift.tt/1aaPms1
New clients often ask me why recruiting great people in Salt Lake City is so difficult. Many have recently commented that they receive virtually no qualified candidate resumes when they advertise a job.
According to Indeed.com, Salt Lake City has 1 job posting for every unemployed person. In comparison, Miami and Los Angeles have 1 posting for every 4 unemployed persons. Bottomline — we have more jobs for those that are unemployed. Candidates have more options and employers have to work harder to attract candidates for their openings.
In the technology sector the situation is even better for candidates. I would not be surprised if there were 10 technology job postings for every unemployed technologist. In a hot market, it becomes critical to tap into the candidate pool that is employed and not actively responding to job postings.
What has your recent hiring experience been like? Slim pickings? Surprisingly easy? Whether your experience in hiring has been the same or different — we would love to hear about it.