Despite a grinding unemployment rate, at least some New York employers are desperately struggling in a different way — to find skilled employees.
Talent is so scarce in certain white-hot fields — in finance, accountancy, law, technology, medical and other sectors — that finding qualified candidates is like mining for gold, according to local employment experts.
After searching nearly a year for a specialized tech worker, Michael Crom, executive vice president at Dale Carnegie Training in Hauppauge, knows the pain. The company finally recruited the right candidate for the well-paid job.
“I am really thrilled. He’s the right guy and is ready to relocate,” said Crom. “The challenge today is matching people’s backgrounds and talents exactly with what you are looking for.”
Even as the city’s unemployment rate edged up in August to 8.7 percent from July’s 8.6 percent, many employers can’t find what they are looking for, fast enough.
“Some employers need to be mindful of retaining the best talent with certain sectors expanding. That could mean more compensation, more time off, the whole nine yards for staff,“ said Rich Deosingh, regional manager at recruiter Robert Half International.
A separate survey this week by the Manpower staffing firm described an overall “positive” jobs market in the latter part of 2011 in the New York regional area.
Hiring won’t be gangbusters. But from October to December, 19 percent of the companies polled said they plan to hire more workers; 12 percent expect to reduce payroll. The majority plan to keep payroll steady.
“It is good news,” said John Garofala, New York regional director at Manpower. “We are very encouraged by the survey. A lot of employers are saying they are going to ramp up in the fourth quarter.”