Jobs Staying Open Longer Than Ever

July 2014 JOLTSAugust may have disappointed labor analysts with its unexpectedly low count of new jobs, but for recruiters, the evidence out of Washington and elsewhere says recruiting difficulty is only going to get worse.

Nationally, it took 24.9 business days (Monday-Saturday are business days for this report) to fill a job in July, according to the Dice-DFH Vacancy Duration Measure. That’s a bare tick off June’s 25.1 days. Meanwhile, the Job Openings and Labor Turnover Summary from the U.S. Bureau of Labor Statistics, put July’s openings rate at 3.3, a 22 percent increase over the 2.7 in July 2013.

What these numbers mean is that the average number of of openings, expressed as a percent of total employment, is increasing. Or, to put it more simply, the number of open jobs is creeping up.

With the size of the labor force shrinking, it’s no wonder that it is taking longer and longer to fill a job.

Now Wanted Technologies, which analyzes online job postings from corporate sites, job boards, and elsewhere, found that for the most in-demand jobs, as determined by the number of ads posted online, job posting time alone can be more than double the national average of time to fill.

The typical job posting for a nurse stayed up 50 days. For a software developer, it was up for 47 days.

Average posting time 8.2014Not surprisingly, these jobs also regularly appear on Wanted’s list of the top 10 most in-demand. Joining them in August were ads for truck drivers, which stayed up 55 days on average, customer services reps, retail managers, and marketing managers.

Article Continues Below

Sponsored Content

The Anatomy of Best in Class Talent Acquisition Data Analytics [Webcast On-Demand]

Data-driven strategic decision making is a must. Optimizing processes for TA organizations is critical. Do you ever wonder how others do it? John F. Heigl of Eli Lilly shares how they mastered the data challenges we all face.

The Dice-DFH Vacancy Duration Measure, which uses the time it takes from the announcement of a job opening to an offer being accepted, says July’s 24.9 average was almost 9 percent longer than in July the year before.

For some industries, the time to fill can be 50 percent or more above the national average. Hiring information workers — a category weighted with computer occupations — it took 38.7 business days to fill a job in July.

John Zappe

John Zappe is contributing editor of ERE.net, and the former editor of the now closed Fordyce Letter. John was a newspaper reporter and editor until his geek gene lead him to launch his first website in 1994. He developed and managed online newspaper employment sites and sold advertising services to recruiters and employers. 

Besides writing for ERE, John consults with staffing firms and employment agencies, providing content and managing their social media programs. He also works with organizations and businesses to assist with audience development and marketing. In his spare time  he can be found hiking in the California mountains or competing in canine agility and obedience competitions.

You can contact him by clicking here.