{"id":999881708,"date":"2018-05-22T13:45:00","date_gmt":"2018-05-22T13:45:00","guid":{"rendered":"https:\/\/dice.npgdev.com\/?p=966137565"},"modified":"2018-05-22T13:45:00","modified_gmt":"2018-05-22T13:45:00","slug":"low-tech-unemployment-presents-recruiting-challenges","status":"publish","type":"post","link":"https:\/\/dice.npgdev.com\/hiring\/recruitment\/low-tech-unemployment-presents-recruiting-challenges","title":{"rendered":"Low Tech Unemployment Presents Recruiting Challenges"},"content":{"rendered":"<p>The tech industry\u2019s unemployment rate hit 1.9 percent in April, down from 3 percent a year ago, according to data from the <a href=\"https:\/\/www.bls.gov\/iag\/tgs\/iag54.htm\">U.S. Bureau of Labor Statistics (BLS)<\/a>. That\u2019s great for highly skilled tech workers: a low unemployment rate puts more pressure on tech companies searching for qualified talent, which can lead to higher salaries (and better benefits) for those tech pros with the right mix of abilities and experience. And that&#8217;s despite an increase of nearly 200,000 tech jobs in 2017, according to CompTIA, which brings the total number of tech workers in the United States to 11.5 million; the hunger for talent runs very deep. This hunger creates more issues for recruiters, who depend on a pool of available talent in order to fulfill hiring requisitions. In particularly \u201chot\u201d fields such as artificial intelligence (A.I.) and <a href=\"https:\/\/www.dice.com\/career-advice\/ml-kit-google-android-ios\">machine learning<\/a>, the most desirable tech pros are keenly aware of their worth (as well as their rarity) and will hold out for extraordinary compensation; companies should be aware that huge paydays and bonuses <a href=\"https:\/\/www.dice.com\/career-advice\/artificial-intelligence-experts-how-much-can-they-earn\">aren\u2019t out of the question in some instances<\/a>. But anyone who watches BLS data on a regular basis knows that certain technology segments can undergo wild (and sometimes seasonal) fluctuations, especially software developers, computer support specialists, and information security analysts. That \u201cchurn\u201d means that, even in a tight labor market, new candidates can and will hit the market on a quarterly basis. In order to meet their needs, many companies are also turning to contractors and <a href=\"https:\/\/www.dice.com\/career-advice\/4-ways-to-thrive-in-techs-growing-gig-economy\">\u201cgig economy\u201d workers<\/a>. While this method is great for filling short-term needs, it also has some drawbacks; when gig professionals leave, they take their accumulated knowledge with them, leaving a vacuum in a company\u2019s culture and workflow. If these \u201cgigsters\u201d build a project and then disappear, there\u2019s nobody to fix problems or provide reliable upgrades when necessary. For those reasons, many recruiters may encourage companies to lean toward full-time hires instead of temporary workers, despite the hiring difficulties that stem from ultra-low unemployment. For recruiters pressed to find the talent that companies need, just throwing more money at certain candidates won\u2019t do the trick\u2014especially if those candidates are actively recruited by tech giants with infinitely deep pockets. Indeed, tech pros care about many things in addition to money, including a great work-life balance and the opportunity to work on interesting projects; explaining the other benefits of working for a particular company can often lead to success, even in an extremely competitive market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tech industry\u2019s unemployment rate hit 1.9 percent in April, down from 3 percent a year ago, according to data from the U.S. Bureau of Labor Statistics (BLS). That\u2019s great for highly skilled tech workers: a low unemployment rate puts more pressure on tech companies searching for qualified talent, which can lead to higher salaries [&hellip;]<\/p>\n","protected":false},"author":132,"featured_media":966137565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2155,2154],"class_list":["post-999881708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hiring-candidates","category-sourcing-candidates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.2 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Low Tech Unemployment Presents Recruiting Challenges - Dice Hiring<\/title>\n<meta name=\"description\" content=\"The tech industry\u2019s unemployment rate hit 1.9 percent in April, down from 3 percent a year ago, according to data from the U.S. Bureau of Labor Statistics\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dice.npgdev.com\/hiring\/recruitment\/low-tech-unemployment-presents-recruiting-challenges\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Low Tech Unemployment Presents Recruiting Challenges\" \/>\n<meta property=\"og:description\" content=\"The tech industry\u2019s unemployment rate hit 1.9 percent in April, down from 3 percent a year ago, according to data from the U.S. Bureau of Labor Statistics\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dice.npgdev.com\/hiring\/recruitment\/low-tech-unemployment-presents-recruiting-challenges\" \/>\n<meta property=\"og:site_name\" content=\"Dice Hiring\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dice\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/dice\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-22T13:45:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dice.npgdev.com\/hiring\/wp-content\/uploads\/2025\/03\/shutterstock_421484053-6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dice Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dicedotcom\" \/>\n<meta name=\"twitter:site\" content=\"@Dicedotcom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dice Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges\"},\"author\":{\"@type\":\"Person\",\"name\":\"Nick Kolakowski\",\"url\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/authors\\\/nick-kolakowski\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/nkolakowski\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/nick-kolakowski-b405501\"]},\"headline\":\"Low Tech Unemployment Presents Recruiting Challenges\",\"datePublished\":\"2018-05-22T13:45:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges\"},\"wordCount\":421,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/shutterstock_421484053-6.jpg\",\"articleSection\":[\"Hiring Candidates\",\"Sourcing Candidates\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges\",\"url\":\"https:\\\/\\\/dice.npgdev.com\\\/hiring\\\/recruitment\\\/low-tech-unemployment-presents-recruiting-challenges\",\"name\":\"Low Tech Unemployment Presents Recruiting Challenges - 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