Each week, we’ll brief you on notable stats and happenings related to current events impacting the job market now or in the foreseeable future. An Hour of Power in Austin Talent acquisition professionals from all over the Austin, TX area joined members of the BountyJobs team for our Talent Acquisition Lunch Power Hour. It was a lively discussion with both employers and agencies centering on ways to get the most ROI out of third-party search, pain points and solutions felt on both sides of the desk, as well as key metrics to track to get the most impact out of your data. Some common themes mentioned were: Difficulties in Finding the Best Talent Quickly and Within Budget Agencies Not Clear on Employer Needs Lack of Communication Between Employer and Agency Challenge in Finding Key Candidates for Niche Roles Core data, trends in salaries and fees, and other data pulled from our latest annual report We [...]

Each week, we’ll brief you on notable stats and happenings related to current events impacting the job market now or in the foreseeable future. The Realities of a Tight Labor Market With the U.S. unemployment rate at a low 4.4% and a record 6.2 million job openings in July per the Labor Department, some employers are getting creative to solve hiring woes. A survey from CareerBuilder found that of the 2,000 companies surveyed, almost 50% of them had trouble finding qualified candidates – up from 41% in 2016. For some, the time-to-fill for both blue and white-collar roles has reached the tipping point. To curb this, employers are hiring candidates that have little or no experience, even for roles that historically had strict hiring requirements, per USA Today. Paul McDonald, senior executive director of Robert Half states, “Companies aren’t going for 100% of the job description. They’re going for approximately 70% to 75% of the [...]

Each week, we’ll brief you on notable stats and happenings related to current events impacting the job market now or in the foreseeable future. The Effect of Hurricanes Harvey and Irma The full spectrum of after effects from hurricanes Harvey and Irma are as yet unknown, but will be felt for many years to come. The job market will share center stage with other areas of the economy deeply shaken by these catastrophic events. As the storms pummeled and in some areas leveled cities and towns, the infrastructure of entire companies were also caught in the upheaval. These effects will not only be felt in the areas hit by the storms, but in other areas of the country and world as well. John Cui, assistant professor of operations at Georgetown University's McDonough School of Business states, "Yes for sure there’s going to be an increasing number of construction jobs maybe next year and into the [...]

Not surprisingly, Information Technology is one of the top industries within the BountyJobs Marketplace. As IT is both an industry as well as a job category within other industries, it’s a bit unique.  As highlighted in our 2017 Agency Recruiting Benchmark Report for IT, the 3 tech jobs sent to search with the highest volume of postings within BountyJobs were Developer, System Development, and IT Project Management. 80% of those roles were Non-Managerial, and the top 3 categories for tech jobs were Financial Services, Information Technology, and Healthcare/Health Services. Paysa, a service providing information and insight to employees to make educated and informed decisions about their careers, recently published a report around ‘Tech Disruptors’ and ‘Tech Titans’.  They “analyzed over 8,200 job postings and over 70,000 resumes to figure out who’s hiring and which skills are the most in demand at some of the leading tech companies.” To better organize their findings, they split the [...]