According to the most recent monthly jobs report, the seasonally adjusted Seattle unemployment rate for April was 4.8 percent, a slight decrease from the previous month. Also on a seasonally adjusted basis, 4,900 Seattle jobs were added during the same time period.
Across the state of Washington, the seasonally adjusted unemployment rate was 5.8 percent in April, unchanged from the month prior. Month over month, the state added 11,200 nonfarm jobs on a seasonally adjusted basis.
How does the current Seattle unemployment rate affect hiring managers trying to staff open positions?
Robert Half District President Josh Warborg notes that the declining Seattle unemployment rate means area hiring managers have to work even harder to win the attention of top applicants. “It’s a candidate’s market,” he says, “and those with in-demand skill sets may be entertaining multiple prospects.” To stand out from the crowd, hiring managers need to craft compelling offers beginning with competitive salaries and including the perks employees wants, like extra vacation days, flexible work hours and gym memberships. “Employees ultimately want to feel valued,” Warborg adds, “and these incentives show that your company appreciates its team members enough to understand their interests and priorities.”
At the same time, because candidates can afford to be more discerning in the current Seattle jobs market, they’re looking at more than just salary and perks before accepting an offer. Warborg advises hiring managers to promote their corporate culture to gain the attention of top prospects. “If your company has an employee rewards system or casual dress code, or goes on office outings, don’t be afraid to advertise it,” he says. “A positive, fun work environment can be a major plus in the eyes of candidates and can even be the deciding factor in their decision making.”
Has the Seattle jobs market impacted your hiring plans? For help with recruitment, contact your local Robert Half agent at (844) 839-5878