In May 2012, more than 235,000 online job ads required candidates to have project management skills, a 12% year-over-year increase, according to WANTED Analytics™.
New York, NY – June 6, 2012. During May 2012, more than 235,000 online job listings included requirements for project management skills, according to WANTED Analytics™ (www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. As organizations take on large projects that involve cross-functional teams, there is an increasing demand for employees to have project management skills that will keep their entire team on target to complete each step on time and on budget. Hiring has increased 12% compared to May 2011 and more than 51% compared to May 2010.
Project management skills are required in jobs across all fields, with IT, engineering, and business and financial occupations seeing the highest demand. The five occupations with the most job ads that require project management responsibilities were Computer Systems Analysts, IT Project Managers, Industrial Engineers, Marketing Managers, and Computer Software Engineers. All of these positions saw year-over-year increases in demand.
The five metropolitan areas with the highest volume of online job ads requiring project management skills were New York, Washington (DC), Chicago, Los Angeles, and San Francisco. Employers in New York placed the greatest volume of online job ads, with more than 19,000 during May at a 6% year-over-year increase. However, employers in Chicago experienced the highest growth in demand of these five cities at more than 20% during May.
Nationwide, companies are likely to find project management skills hard-to-recruit, particularly when sourcing in previously mentioned high demand areas. According to the Hiring Scale™, employers in Washington, DC are currently experiencing some of the heaviest competition to attract talent and may experience a longer time-to-fill than many other areas across the United States. In fact, the average posting period in Washington, DC is about 6.5 weeks. The Hiring Scale also shows that some of the best places to recruit project management professionals are currently Grand Forks (ND), Binghamton (NY), and Lynchburg (VA). These areas are likely to fill job openings faster than the rest of the United States. Online job ads in these areas are posted for as few as 3 weeks, less than half the average posting period as in Washington, DC.
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 www.wantedanalytics.com/insight.
The Hiring Scale is available at www.hiringscale.com.
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 www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board 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.