Today’s announcement from the Bureau of Labor Statistics (BLS) reveals
that U.S. employers added 117,000 jobs in July. The unemployment rate
dropped to 9.1 percent.
Based on what we are seeing at Harvey
Nash, the Colorado technology industry saw significant growth in July.
In the last month we have candidates that are not only receiving
multiple new offers, but are now also receiving counter offers from
their current companies, as well as promotions to go along with
Since the job market picked back up, employers
are facing increasing competition for successful candidates before
someone else hires them. Technology employers are starting to feel the
pain of sitting on candidates too long before pulling the trigger. They
have realized that if they like someone they can’t wait to begin the
interview process or make an offer.
Over the past two months,
contract requests spiked, which is typical in the summer. However, we
are also starting to see more companies doing project work. Many of our
clients are sending us scope of work documents in search of consultants
to fulfill projects.
Overall, we are seeing that businesses are definitely expanding, and there’s an increase in the IT workforce in Denver.
Gillian is the Colorado Market Director for Harvey Nash USA, a leader
in executive search, professional recruitment and IT outsourcing.