New York, NY (PRWEB) June 22, 2011
Employers and recruiting agencies in the manufacturing industry placed more than 13,000 new online job ads for Engineers during May 2011, according to WANTED Analytics (http://www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. Online job ads for the West Coast saw a 90% increase from May 2010, the most of any US region.
Due to this increased demand for a limited talent supply, employers and recruiters are likely to see challenges with sourcing and recruiting for Engineering positions. San Jose, Los Angeles and San Diego all appear in the top five recruiting metropolitan areas, placing a combined total of 1,700 job ads during this one month.
San Jose placed 665 online job ads in May, an 85% year-over-year increase and the most of any metro area. However, this means their talent pool has been reduced from 18 potential candidates in San Jose’s workforce per advertised job in May 2010 to only 9 in May 2011, according to the Hiring Scale™. Recruiting conditions in San Jose fall well below the US average of 40 potential candidates per open position.
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.