According to the most recent monthly jobs report, Chicago unemployment fell 0.2 percentage points to a seasonally adjusted rate of 6.0 percent in June. During the same reporting period, some 20,900 jobs were added on a non-seasonally adjusted basis, according to the Illinois Department of Employment Security.
Statewide, unemployment dropped 0.2 percentage points to a seasonally adjusted rate of 6.2 percent for June. Illinois lost 2,200 jobs during the same month, on a seasonally adjusted basis.
What do these changes mean for hiring managers in the Chicago jobs market?
Robert Half District President Marilyn Bird says, “A lower Chicago unemployment rate can mean fewer applications coming across your desk for open positions” One way to elicit better-than-average leads for top talent is to start an employee referral program. “More than likely,” Bird says, “your staff members will have broad networking connections and may be able to help bring a stellar candidate into the fold — especially if there are incentives involved.”
Bird points out that knowing when it’s time to hire can be just as important as who you hire. “If your staff is overworked, losing enthusiasm or generally burned out,” Bird says, “you need to start looking for outside help.” And if you’re already noticing a downturn in productivity, she says, there is no time to lose.
Managers who are looking to stay ahead, but aren’t ready to commit to a full-time hire, might look into temp-to-hire staffing solutions. This is ideal during transition periods. “When it comes to hiring, it pays to be flexible. If you find your perfect applicant a few weeks in, you can still offer them a full-time position. It’s a smart interim solution.”
Are you recruiting for Chicago jobs? Call our experienced Robert Half recruiters at (888) 707-4274 today for help and advice.