The job market will remain strong for the remainder of 2022, according to a survey released today by Robert Half International Inc. (NYSE: RHI).
The survey found 46% of managers forecast adding new permanent positions in the latter part of the year, down five points from six months ago. Another 46% expect to fill vacated positions, while only 8% anticipate hiring freezes or layoffs.
The practice area most cited for hires was technology at 60%, followed by finance and accounting at 54%.
According to the research, 45% of managers plan to bring in more contract professionals by the end of the year.
Additionally, 72% of employers intend to hire more entry-level or early-career professionals.
Top hiring strategies used by employers to attract skilled labor include:
- Increasing starting salaries, 46%
- Providing signing bonuses, 34%
- Offering remote options, 33%
- Evaluating candidates outside their company’s geographical area and allowing new hires to live anywhere, 31%
- Loosening education, skills or experience requirements, 28%
“Despite talk of an economic slowdown, many companies remain in hiring mode — and professionals with in-demand skills continue to have options,” Robert Half Senior Executive Director Paul McDonald said. “In addition to staffing critical functions, employers are increasingly turning to contract talent to stay nimble while keeping projects moving forward and productivity high.”
The “State of US Hiring” online survey was developed by Robert Half and conducted by an independent research firm from June 17 to July 14. It includes responses from more than 1,500 managers with hiring responsibilities in finance and accounting, technology, marketing and creative, legal, administrative and customer support, and human resources at companies with 20 or more employees in the US.