Engineers – particularly Industrial Engineers – have been in high demand this year. However as the end of the calendar year approaches, hiring demand for most occupations decreases. Industrial Engineers have seen this slowing since the summer. In October, Recruiters placed a total of 15,900 new online job ads for Industrial Engineers in the US. This represents a decline of 23% since the 4-year high in May (when more than 20,000 jobs were advertised) and a year-over-year decline of 1.4%. In this blog we looked at where Industrial Engineering jobs are growing.
Hiring Demand for Industrial Engineers – 4 Years
While many cities in the US are experiencing a decline in the volume of job listings for Industrial Engineers, some locations actually increased hiring over the past year. In fact, demand in Houston is up 70% and Seattle has seen a 109% increase in hiring over the past year. Los Angeles, San Francisco, Detroit, and Chicago also saw double-digit gains in the past year. In comparison, Philadelphia and Atlanta have seen hiring demand decline fall more than 15% versus October 2010. There were more than 4,400 companies that advertised for Industrial Engineers in October. The employers that posted the most job ads during October were GE Energy, Boeing, Genzyme, Honeywell, Goodrich, Baxter International, and Siemens.
Some of the most commonly advertised job titles for Industrial Engineers are below. Does it surprise you that "Industrial Engineer" is the 4th most common?
Despite seeing a declining volume of job ads for this occupation, the Hiring Scale™ shows that Industrial Engineer openings will remain hard-to-fill. There are about 2.7 potential candidates in the US for every job advertised online, meaning that Recruiters are close to facing talent shortage and are likely to spend longer periods of time sourcing candidates and, on average, these job openings are advertised online for 46 days. However, some of the locations that have seen high year-over-year growth in ad volume will see more difficult conditions, due to high demand and limited talent supply. For example, the talent pool in Houston consists of just 1 potential candidate per job opening and Recruiters here are likely to see a longer time-to-fill and cost-per-hire for open job reqs.
Hiring Scale for Industrial Engineers
The Hiring Scale also showed us some areas in the US with the easiest recruiting conditions. Binghamton, New York and Pueblo, Colorado topped the list.
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