iCIMS' Hiring Trends Research Suggests the U.S. Labor Market Will Continue to Tighten in 2016
Leading SaaS provider's Quarterly U.S. Hiring Trends report provides the latest insights regarding talent supply and demand across the nation
Leading SaaS provider's Quarterly U.S. Hiring Trends report provides the latest insights regarding talent supply and demand across the nation
MATAWAN, N.J., March 17, 2016 /PRNewswire/ -- iCIMS, Inc., a leading provider of Software-as-a-Service (SaaS) talent acquisition solutions, today released its quarterly U.S. Hiring Trends report, which analyzes the talent supply-to-demand ratio and the average number of days it takes U.S. employers to fill open positions across various industries, geographical locations, and company sizes.
iCIMS' U.S. Hiring Trends report provides actionable insights for employers and job seekers, and offers key data points on challenges within the talent acquisition landscape. The latest report presents quarterly trends over the course of 2015 pulled from iCIMS' customer base of more than 3,200 contracted customers. iCIMS' chief economist, Josh Wright, collaborated with third-party data analyst firm Hanover Research, to arrive at the data conclusions reflected within the report.
Key findings in the report include:
Talent Supply/Demand Ratio: Number of applicants per job filled
Time to Fill
"Our comprehensive data from 2015, consistent with figures from the Labor Department's employment report, shows other aspects of tightening in the labor market, such as a noted decline in applicants per new hire," said Josh Wright, chief economist for iCIMS. "More job openings across the U.S. means stiffer competition among employers. Candidates now find themselves with more options and, in some cases, more than one offer. For employers, the importance of fine-tuning their recruiting practices is only growing."
iCIMS releases the U.S. Hiring Trends report on a quarterly basis. The next version of the quarterly report will be released in early June 2016. Previous and future reports can be accessed through its thought leadership site, the iCIMS Hire Expectations Institute™.
"The Hiring Trends report serves as a valuable resource for both parties of talent acquisition – job seekers and employers – to help bridge the gap between them. Its analysis of trends in job creation and hiring practices helps job seekers with their professional development and career goals, while helping hiring professionals stay well-informed about the latest demand trends in the job market," Wright added.
To access the latest report which recaps hiring trends and industry demand in 2015, please visit iCIMS Hire Expectations Institute™.
About iCIMS, Inc.:
iCIMS is a leading provider of innovative Software-as-a-Service (SaaS) talent acquisition solutions that help businesses win the war for top talent. Scalable, easy to use, and backed by award-winning customer service, iCIMS enables organizations to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding, all within a single cloud-based platform that is connected to the largest partner ecosystem of HR technologies in the industry. Supporting more than 3,200 contracted customers, iCIMS is one of the largest and fastest-growing talent acquisition solution providers.
©2016 iCIMS, Inc. All rights reserved.
Media Contact:
Carlee Pett
iCIMS, Inc.
732-520-7453
[email protected]
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SOURCE iCIMS, Inc.
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