Unemployment Rate Deceives Oklahoma Employers, Brings Hiring to Halt
Job Seekers, Employers Turn to Contract Work
“The unemployment rate is deceiving Oklahoma employers,” says Bobbi Bailey, SVP of local recruiting firm, Mosaic Personnel. “They think that there are so many job seekers, they can take their time looking for that perfect candidate.”
As employers anticipate new government regulations, and tighter budgets, hiring managers are under increased pressure to find and hire only the best candidates. These same managers must compensate for a decrease in personnel by working more hours, giving them even less time to interview, much less train a new employee.
“I know employers who have had openings for 12 months, even 18. They’re holding out, hoping for that perfect candidate,” says Kelly Duke, Engineering Recruiter.
In reality, however, the candidates with the most expansive skillsets are not leaving their jobs.
Mid-level candidates are feeling the worst pain from this slow hiring process. Much of the economy’s job growth has been from the addition of low-wage jobs, and so those with advanced skillsets have few options to maintain their income.
Many employers and job seekers are turning to contract positions as a solution. According to the American Staffing Association, temporary and contract employment increased by 4.6% in the first quarter of 2013, and accounted for around 40% of professional and business services employment growth in March.
Contract employment offers mid-level workers a higher pay rate, and saves employers money on benefits. Whether this trend is a temporary solution or a new paradigm in the wake of the recession, we have yet to see.
Founded in 1998, Mosaic Personnel keeps businesses thriving with the best candidates for successful companies; it’s what we do. We serve the commercial and government sectors by recruiting the best contract, contract-to-hire and direct hire professionals in IT, Engineering, Accounting, HR and Administration.
If you’d like more information about the Oklahoma job market or to schedule an interview with Bobbi Bailey, please contact Michelle Hubble at 405-858-8800, ext. 112, or by email at email@example.com.