New York, NY (PRWEB) June 15, 2011
Despite the fact that retail sales are down, the retail trade industry continues to boost hiring by placing 1,300 new job ads online for Marketing Managers in May 2011, according to WANTED Analytics (http://www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. This represents a 28% growth in job ads for this occupation from May 2010.
Although this increase in online job ads may indicate that the retail industry is growing, a talent shortage for Marketing Managers with retail experience has evolved as a recruiting challenge. Due to this increased competition among retail employers for Marketing Managers, recruiters will likely experience difficulties in sourcing candidates, longer hiring cycles, and more expenses involved with filling Marketing Manager openings. According to the Hiring Scale™, there are only 1.7 potential candidates in the workforce for each available position advertised during May. The three metropolitan areas demanding the most retail-related Marketing Managers are Seattle, New York, and San Francisco. In these areas, recruiters may see even more challenging conditions since more job ads have been advertised online than their talent pools can fill.
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.
Free trials of WANTED Analytics™ are available at http://www.wantedanalytics.com/tryit.
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.