Hiring Demand Remains Strong for Software Engineers as Talent Becomes Harder to Recruit

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More than 28,000 new jobs were advertised online for Computer Application Software Engineers during September and, with a 23% year-over-year growth in hiring demand, Recruiters find these openings increasingly hard-to-fill, according to WANTED Analytics™.

During September, Recruiters placed more than 28,000 new online job ads for Computer Application Software Engineers, according to WANTED Analytics™ (http://www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. Hiring demand has been strong in 2011, up 23% compared to one year ago and 70% from 2009. Along with a rising volume of job ads, the number of companies recruiting for Software Engineers over the past two years has grown 66%. Some of the most in-demand skill sets for Software Engineers include Java, .Net, Linux, SQL, and Perl.

Employers on the West Coast placed the highest volume of job ads for Computer Application Software Engineers during September, with Seattle, San Francisco, and San Jose as the three most in-demand locations nationwide. Along with high demand, salary ranges are higher than average in these three locations. The national average salary for this occupation ranges from $91,800 to $106,000. In comparison, the range in San Francisco is the highest at $110,000 to $124,000.

While hiring demand continues, the available talent pool has not grown at the same pace and Recruiters face increasingly more difficult conditions when sourcing candidates. According to the Hiring Scale™, the nationwide talent pool consists of approximately 4 potential candidates in the workforce for each job advertised online. However, this will vary by location and regional talent supply. Of the three cities listed above with the highest demand, Seattle faces the most difficult conditions and falls below the national average. With 2.2 potential candidates per advertised opening, Recruiters here are likely to experience a longer time-to-fill and cost-per-hire for open positions. Despite the fact that this position will be hard-to-fill on average, the Hiring Scale shows that the easiest recruiting conditions in the US are currently in Rochester (MN), La Crosse (WI), Lansing (MI), Wichita (KS), and Jackson (MS).

The Hiring Scale measures conditions in local job markets by comparing hiring demand and labor supply. The Hiring Scale is part of the WANTED Analytics platform that offers business intelligence for the talent marketplace.

To see additional charts and detail, please visit http://www.wantedanalytics.com/insight.

The Hiring Scale is available at http://www.hiringscale.com.

About WANTED Analytics™

WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.

Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.

About WANTED Technologies Corporation

WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company’s headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 600 million unique job listings. For more information or to sample WANTED’s services, visit http://www.wantedanalytics.com.

WANTED is also the exclusive data provider for The Conference Board’s Help-Wanted OnLine Data Series™, the monthly economic indicator of Hiring Demand in the United States.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.

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Carolyn Menz

Martin Auclair
WANTED Technologies
(418) 523-6663 337
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