Hot job market puts the squeeze on Houston-area employers
Demand for workers at 6-year high while local job creation up 3 percent
Help wanted signs are popping up around town and many employers are struggling to find enough skilled workers in construction and other trades. The robustness of the economy – new data show local unemployment at its lowest level in six years – has put companies under increasing pressure to make job offers quickly lest they get beat by a competitor.
“It is absolutely a candidate’s market,” said Kathy Rapp, senior vice president of hrQ, a staffing firm that exclusively recruits human resource employees for permanent and contract positions.
Just a year ago, she said, a job candidate wasn’t likely to receive a counter offer from an existing employer or receive multiple job offers. Now, she estimates one in four receive either a counter-offer or offers from other companies.