NH Job Market – Lots to Be Thankful For…ish
TSP Managing Partner Dave Vigliotti shared a story from NHPR earlier this week that contains information that should make us all thankful. Overall unemployment in New Hampshire is at 2.8%, the lowest in the nation, and that number is even lower in IT. As a result compensation has gone up as well. This is great information in that anyone who wants a job can generally find one here and be well paid for it.
While that is fantastic news, the article notes – and we can confirm – that it has a flip side as well. Companies looking for help are having a hard time filling roles and companies looking to expand into NH are thinking twice due to the shallowness of the resource pool.
The article mentions some of the creative things and ads companies are running as their solution – but it does not cover agency support. If you are a small to mid-sized business and have not, or typically will not, consider using an agency to fill your open IT role I urge you to add one to your “bucket of tools” this coming year.
Many companies of this size typically think the fee is prohibitive – but we can almost always illustrate a strong ROI on our services. And when we can’t we are happy to explain why and help push you down the path to success finding someone on your own. The outright plug here is to give us a call if you are stuck. We are focused on finding permanent IT staff for our clients and our relationship based business model gives us visibility into potential new hires who are not actively searching in the market.
I also urge you to give the NHPR article a read. It tells a very interesting story about the challenge NH businesses will face filling open roles over the next few years.