Utah Job Numbers | May 2018

Most Recent Employment Numbers in Utah

The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. You can watch their most recent video below for a detailed update of the most recent employment data.

The state of Utah currently has a 3.1% unemployment rate ranking below the 4.1% national average.

We've also seen a 3.3% job growth (compared to March of 2017) rate last month compared to the 1.6% national growth rate.

“Knowing that job growth continues to move forward, we feel confident that there are going to be opportunities,” says Carrie Mayne, Chief Economist at the Department of Workforce Services.

utah employmentHow Utah Employment Numbers Affect Staffing

Aime Lopez, an account manager in our Ogden, Utah staffing office had this to say about the latest job report:

“This information gives us some insight on what industries are currently in the most need and how many people are actually looking for jobs at the moment. I think the Utah job numbers help us at YES to better understand our audience and what kind of potential employees we are going to have walk through the door.

If we stay on top of this we are able to understand why we may be struggling on filling jobs and be educated enough to explain it to our clients as well.”

Claudia Olivares, an account manager at our North Salt Lake, Utah staffing office added this:

“When I hear that the economy in Utah is good and unemployment is low here which is true; a lot of companies have the mentality that it’s going to be harder to find people to work and overall everything is harder because of the competition too, etc. But that’s not necessarily what it means.

Even though unemployment is lower, there are still a lot of people out there looking for work. A lot of job openings and job seeking. I think taking this is as a challenge is a good mentality to have and with that, focusing on better recruitment strategies. There are steps we can take to combat our hiring hurdles, if we focus on our status, recruitment, hiring the right fit to avoid turnover, we should be able to increase the number of applicants interested In our jobs and ultimately fill our open roles.”

Thanks for the input Aime and Claudia!

To work with Your Employment Solutions, please visit our Request an Employee page.

To see our current available Utah jobs please visit youremploymentsolutioins.com/jobs

Cheers to Utah Jobs!
Eric Nelson

Director of Marketing
Your Employment Solutions
“I help connect Utah jobseekers to Utah jobs.”

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Navigating the Employment Feeding-Frenzy

How To Survive and Thrive in a Competitive Employment Market

utah job huntWe all know the saying, “There are plenty of fish in the sea.” While that saying applies really well to someone who is seeking their soul-mate, unfortunately it doesn’t apply to businesses looking to find quality employees. For a majority of Utah employers, the struggle to find talent is more real than ever. The job market in Utah has been so extremely competitive these last couple of years, I’ve started referring to is as a Feeding Frenzy!

Employers are jumping at any chance to grab any available employee that enters the job market. (My perspectives below reflect that of the staffing agency market and those hundred or more employers we service who are primarily trying to fill entry-level positions.)

Good News for Employees; Ugly Reality for Employers

As you can see in the chart below, we are going on 8 years of a steady decline in our unemployment rate. Sure, low employment can be a good thing for our local economy and is a sign of employment and financial stability for most Utahans but for Utah employers, it's not necessarily a pretty sight. Fewer employees looking for work means the employment market is getting more and more competitive to attract what little talent is available.

seasonally adjusted unemployment rates

A Fishy Analogy

Employee = Bait: When an employee goes online to one of Utah’s many job boards and uploads their resume, it’s just like throwing a goldfish into a piranha-filled fish tank. The employer who acts quickest can usually grab the bait before anyone else. Although they may feel like they are a piece of bait with so many employers contacting them so quickly, the employee is in a unique position to be selective with who they will ultimately choose to interview with.

There is more than one kind of “bait” so here I’ll refer to them as “worms” and “bait fish.” Worms are the less appealing applicants without much experience or many skills. Bait fish have more experience and are more educated employees who are more appealing to higher-end employers.

Plenty of Fish in the Sea:

With so many employers in Utah all vying for the same small crop of available employees, we notice several factors that differentiate them:

Average Employers = Fish: These “fish employers” pay low wages, don’t have the most competitive benefits, aren’t well known for their culture or work environment. These employers are caught in the endless cycle of fighting for employees but end up getting the “worms” or even the scraps and leftovers from the employers listed below. This means they have to accept employees with poor work history who don’t have the ideal skillset for the job. The employees left behind have low engagement and commitment to their jobs. They jump from one employer to the next continually looking for a “better” job. News flash! It’s not the job that is causing turnover! It’s a combination of average employers who continually hire average employees.

find the best employeesGood Employers = A Marlin: A “marlin employer” has competitive wages, has a good reputation for how they treat their employees, have a culture their employees are proud to represent and they provide their employees with decent benefits. These employers are not part of the school of fish out for a feeding frenzy, they are selective and can pick and choose the best “bait fish” they want to bring onboard. You don’t have to be a BIG employer to have a BIG impact on the people you work with. Also, it doesn’t matter how big the pool of employees is, the “marlin employer” can be selective and has a better chance of catching the prize employee.

best place to workBest-In Class Employers = Shamu: These employers have such a good reputation that people everywhere watch in awe from the sidelines wondering how they are so successful. They do things for their employees that make other employers wonder, “How’d they do that?” or “Why didn’t we think of that?” Employees who have heard about their reputation apply directly with these employers and avoid the turbulent waters of the job-board-world caused by the average employers. These “Shamu employers” are practically fed the best “bait fish” on a silver platter by having a large resume reserve of employees who are all waiting eagerly to leave their average employer and join the winning team.

How Can Employers Survive and Thrive?

If you want to survive and even thrive in these feeding frenzy waters you can’t just be an average fish. Consider these few tips:

  • Evaluate your company culture to ensure current staff members are satisfied which will ensure your good reputation spreads.
  • Reconsider your advertising practices to ensure they are attracting talent. You don’t want to have to hunt for talent, you want talent coming to you. Be flashy.
  • Revamp your interviewing and on-boarding practices. You only get one chance to make a good first impression so your new-hire process should be fun and engaging.
  • You get what you pay for… Offering very competitive wages will ensure quality employees leave their current “average employers” and then stick with you for the long-term.
  • Help your employees grow. Develop them. Recognize them. Help them achieve their aspirations, even if that means they out-grow your organization. True success is found in helping others succeed.

If your organization is feeling like “a fish out of water” in this “feeding frenzy” employment market and would like help elevating your employment stature, give Your Employment Solutions a call. With over 20 years of experience, we’ve worked with hundreds of organizations, from the “Average Fish” to the “Shamu Employers” in this Utah market.

We’ve seen first-hand what works and know well what doesn’t.

Jarum Stone
COO
Your Employment Solutions

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Utah Job Numbers | March 2018

Most Recent Employment Numbers in Utah

The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. You can watch their most recent video below for a detailed update of the most recent employment data.

The state of Utah currently has a 3.5% unemployment rate ranking below the 4.1% national average.

We've also seen a 2.9% job growth (compared to January of 2017) rate last month compared to the 1.5% national growth rate.

“Employers are likely struggling to find people to fill the jobs that they would like to fill,” says Carrie Mayne, Chief Economist at the Department of Workforce Services. “And so they're not adding (jobs) at the rate they used to add.”

utah employmentHow Utah Employment Numbers Affect Staffing

Chris Walker, an account manager for one of our Ogden, Utah staffing clients had this to say about the latest job report:

“Strong economic growth shows potential for what’s ahead. However, the obstacle is getting worse with unemployment. It’s positive for those seeking a career change because they have their pick of the bunch, but what does that mean for us as a staffing agency? It means we will have more delay in filling jobs because the people we are getting are usually quitting the job they have to move into a new company.

The best way we can follow through with our mission statement is spend more time with individuals and make sure they understand the job they are going into and qualify for the position as well. That way we take care of our employee and our client. Which will, hopefully, in turn help decrease the turnover we’re experiencing.”

With that information we can focus on the areas that will expand the most so we can help people to have a long term and stable job.”

Cassandra Smith, an account manager at our North Salt Lake, Utah staffing office added this:

“The Struggle is REAL… With the 2017 and 2018 January review being almost identical, this is going to be a tough year for us to find quality candidates and keep them. Good news is the economy will be a steady growth with new jobs in construction and service/hospitality. Bad news, other companies will not see a fast growth like in years past.

We need to come up with other alternatives to keep quality candidates. Work with our clients to find quality and experienced and entry level candidates. We are almost scrapping the bottom of the barrel with 41,300 jobs open and only 49,200 reported employees out of work in the state of Utah. So again, the Struggle is Real…”

Thanks for the input Chris and Cassandra!

To work with Your Employment Solutions, please visit our Request an Employee page.

To see our current available Utah jobs please visit youremploymentsolutioins.com/jobs

Cheers to Utah Jobs!
Eric Nelson

Director of Marketing
Your Employment Solutions
“I help connect Utah jobseekers to Utah jobs.”

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Utah Job Numbers | September 2017

Most Recent Employment Numbers in Utah

The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. You can watch their most recent video below for a detailed update of the most recent employment data.

The state of Utah currently has a 3.5% unemployment rate ranking below the 4.4% national average.

We've also seen a 2.8% job growth (compared to August of 2016) rate last month compared to the 1.5% national growth rate.

“Employers are still adding jobs,” says Carrie Mayne, Chief Economist at the Department of Workforce Services. “The challenge is to ensure that the people coming into the workforce have the skills that are needed by those employers that are posting jobs.”

utah employmentHow Utah Employment Numbers Affect Staffing

Karina Horst, an account manager at our Salt Lake City, Utah staffing office had this to say about the latest job report:

“The best part of my job and what makes me excited to come to work every day is to know that I am helping to improve unemployment and growth in the State of Utah. Also, knowing what areas of employment are growing faster can help us to meet our mission statement that says, ‘Deliver the right people, on time, the first time.'

With that information we can focus on the areas that will expand the most so we can help people to have a long term and stable job.”

Thanks for the input Karina!

To work with Your Employment Solutions, please visit our Request an Employee page.

To see our current available Utah jobs please visit jobsyes.com

Cheers to Utah Jobs!
Eric Nelson

Director of Marketing
Your Employment Solutions
“I help connect Utah jobseekers to Utah jobs.”

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Utah Job Numbers | August 2017

Most Recent Employment Numbers in Utah

The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. You can watch their most recent video below for a detailed update of the most recent employment data.

The state of Utah currently has a 3.4% unemployment rate ranking below the 4.4% national average.

We've also seen a 3.4% job growth (compared to June of 2016) rate last month compared to the 1.5% national growth rate.

“Employers are expressing a need for skilled workers to fill jobs at all different levels,” says Carrie Mayne, Chief Economist at the Department of Workforce Services. “Now is the time to take your career to the next level.”

utah employmentHow Utah Employment Numbers Affect Staffing

Derek Daley, an account manager at our North Salt Lake, Utah staffing office had this to say about the latest job report:

“The opportunity of employment in Utah right now is great and even greater for skilled workers.  Not only is it an awesome time to get started with an entry level position, but there is great opportunity for advancements and promotions within many companies.  We are in the business of finding people jobs, so we are a driving factor in getting those who are unemployed back in the workforce.”

Thanks for the input Derek!

To work with Your Employment Solutions, please visit our Request an Employee page.

To see our current available Utah jobs please visit jobsyes.com

Cheers to Utah Jobs!
Eric Nelson

Director of Marketing
Your Employment Solutions
“I help connect Utah jobseekers to Utah jobs.”

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Utah Job Numbers | July 2017

Most Recent Employment Numbers in Utah

The Utah Department of Work Force Services releases data on current jobs and unemployment for the state on a monthly basis. You can watch their most recent video below for a detailed update of the most recent employment data.

The state of Utah currently has a 3.2% unemployment rate ranking below the 4.3% national average.

We've also seen a 3.1% job growth (compared to May of 2016) rate last month compared to the 1.5% national growth rate.

“We have been strong yet steady,” says Carrie Mayne, Chief Economist at the Department of Workforce Services. “We can probably maintain this for many months to come.”

utah employmentHow Utah Employment Numbers Affect Staffing

SandraMarie Clark, the assistant branch manager at our Ogden, Utah staffing office had this to say about the latest job report:

“I see this as a jobs tidal wave. Yes, we have less qualified applicants looking for work to place at the right position. Yet I feel with the job growth this is a positive effect so we can place the right applicant with a position they are qualified for as there are MANY different industries to choose from. The jump in job growth in Utah is a great thing for us here at YES to build relationships with a variety of clients and industries to offer those applicants still looking for work.”

Thanks for the input SandraMarie!

To work with Your Employment Solutions, please visit our Request an Employee page.

To see our current available Utah jobs please visit jobsyes.com

Cheers to Utah Jobs!
Eric Nelson

Director of Marketing
Your Employment Solutions
“I help connect Utah jobseekers to Utah jobs.”

CONNECT WITH YES
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