Technology jobs are staying open an average of 25.8 working days in 2016, according to the latest update of the DHI-DFH Mean Vacancy Duration measure.
The measure is based on the Job Openings and Labor Turnover Survey (JOLTS) in the United States, which marks job openings as filled when a job offer for an open position is accepted. (Typically, there is also a lag between the fill date and the new hire’s start date on the job, which isn’t calculated into this measure because it might throw off the results.) In April, the most recent month for which finalized data is available, technology jobs remained open for 24.8 working days, down from a revised 27.3 days in March:
In JOLTS context, the category of Professional and Business Services is used as a dataset; this includes professional, scientific, and technical activities, and incorporates the sub-category of Computer Systems Design and Related Services.
“Nearly half of tech-focused employers told us the time to hire tech professionals has lengthened relative to last year in a recent Dice survey,” said Bob Melk, President of Dice. “When asked, 40 percent of clients said they intend to hire up to 20 percent more professionals in the second half of this year. But this won’t be easy as many say there are positions they are unable to fill due to salary requirements, which also lengthens the hiring process.”
The DHI-DFH Recruiting Intensity index, which includes actions by employers to fill a job (including payments on help-wanted ads, certain recruiting methods, and more), saw the intensity of companies to fill tech jobs dip to 0.99 in April from 1.01 in March.
The DHI Hiring Indicators is a collaboration between DHI and Dr. Steven Davis, William H. Abbott Professor of International Business and Economics at the University Of Chicago Booth School Of Business and a Visiting Fellow at the Hoover Institution.