Over half of hiring managers (52%) are recruiting for new roles, mostly to support company growth, and 43% are only replacing employees who have quit. Job openings have dipped but remain historically high as organizations move forward with critical initiatives.
In addition, there aren’t enough candidates for all open roles, fueling competition for top talent. In light of this, almost a third of managers (30%) expect hiring times for open roles to shorten in the coming months.
At Robert Half, we know talent. This report can help you navigate today’s challenging labor market to make the best decisions for your company’s unique hiring needs. Schedule a walk-through with one of our talent solutions professionals today.
Industry calculations are based on job postings provided by Textkernel. Positions are categorized into more than 450 job titles within Robert Half’s Salary Guide using a proprietary mapping methodology that employs state-of-the-art large language models. This dataset includes roles across the finance and accounting, technology, marketing and creative, legal, administrative and customer support, healthcare support, and human resources professions.
Sources: Current Population Statistics, U.S. Bureau of Labor Statistics, July 5, 2024. Percentages reflect unemployment rates for select positions that were near or below the national unemployment rate at the end of the second quarter 2024.
The Employment Situation — July 2024, U.S. Bureau of Labor Statistics, Aug. 2, 2024
Job Openings and Labor Turnover — June 2024, U.S. Bureau of Labor Statistics, July 30, 2024
Surveys were developed by Robert Half and conducted by independent research firms. Results may not total 100% due to rounding or allowing for multiple responses. Respondents included executives, hiring managers and workers from small (1-99 employees), midsize (100-999 employees) and large (1,000-10,000 or more employees) businesses in private, publicly listed and public sector organizations across the United States.