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Integrated Solutions Lead
San Antonio, TX

Advanced knowledge of programming language(s), software development tools and environment(s) and systems analysis and functional design

The Blackman Report: The Flex Super Cycle Continues

March 26, 2013
The Blackman Report: The Flex Super Cycle Continues

Current Labor Indicators

  • Total Unemployment: 7.7%
  • College Educated Unemployment: 3.8%
  • Total Job Loss/Gain: +236,000
  • Temporary Penetration Rate: 1.9%

 

As we watch the employment landscape continue to improve, with the lowest unemployment rate since 2008, we have had the good fortune to visit 16 of our Kforce offices and many key clients. Make no mistake about it, there is a seismic shift occurring that will clearly have an impact on business which has us drawing some important conclusions for employers:

 

1. Demand for candidates, particularly in technology, remains very strong

Employers need to be aware that there is an unprecedented level of demand for top talent in a number of Kforce’s specialty areas. Unfortunately, the supply and demand imbalance isn’t expected to improve anytime soon.

 

2. Align pricing and process

As a result of these prevailing market conditions, organizations must shift their hiring strategies to maintain their competitive advantage and acquire the talent needed to successfully meet their business initiatives. Given the extremely short shelf-life of top talent, who are likely receiving multiple offers, pricing and process must be aligned to succeed in this competitive landscape.

 

3. The consultant is KEY

Employers must understand that top talent with the most in-demand skills now receive multiple competing offers for job opportunities. As a result, employers should present competitive offers quickly, as well as provide a positive work environment to retain these highly sought professionals.

 

Update on the Flex Super Cycle

 

Uncertainty around the economy, healthcare reform and a continued migration towards project-based work, particularly in technology, is increasingly leading employers to seek a flexible staffing solution. During our trips to our Kforce offices we continued to see this trend accelerate, hearing from many employers who expect to adjust their hiring strategies and utilize flexible resources as a structural component of their workforce going forward.

 

Click here to view a PDF.

About the author

Michael Blackman

As Chief Corporate Development Officer, Michael Blackman, a twenty year Kforce veteran, is the primary focal point for the Firm with the Wall Street investment and financial communities. He is regularly sought out by leading economists for his perspectives on the economy and labor markets, and contributes to a number of key proprietary economic publications.

 

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Kforce is a professional staffing and solutions firm providing flexible and permanent placement solutions in the skill areas of technology, finance & accounting and healthcare. Kforce operates in more than 60 offices located throughout the United States and one office in the Philippines.
About this blog
Knowledge Employed is a career advice blog and job tips resource center, created and managed by Kforce’s staffing specialists. Whether you are a professional needing career advice or a hiring authority seeking business guidance, our goal is to provide you with the knowledge and tools.