Triangle labor market is tightening with job postings at new low as fears of recession grow | WRAL TechWire

Triangle labor market is tightening with job postings at new low as fears of recession grow

Triangle labor market is tightening with job postings at new low as fears of recession grow

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RESEARCH TRIANGLE PARK — Current job openings in the Triangle are at a new low, according to the most recent edition of the WRAL TechWire Jobs Report. The total number of postings fell again this week, dropping to 259,036 — below 260k for the first time since WRAL began tracking this data two years ago. And one comment from TechWire’s exclusive report about hiring, jobs and international business at SAS captures the mood of a growing number of executives.

“We are not in a hiring freeze.  We continue to hire for positions that are critical to our business,” Shannon Heath from SAS said. “In the current economic climate, with the possibility of a recession ahead of us, SAS is taking a very responsible  approach to hiring. We’re experiencing some attrition by reducing external hiring to replace normal turnover, which is creating opportunities for growth and mobility for our employees. A small number of positions may no longer be relevant to the business. ”

The latest numbers mark  a concerning trend for the region, as job openings have been declining weekly since March and are down 26% compared to last year.

Looking ahead, news isn’t getting any better.

Warns N.C. State economist Dr. Mike Walden: “The recession bell continues to ring, and it just got louder.” He was citing data from the latest NCSU Index of North Carolina Leading Economic Indicators.

‘Recession bell continues to ring … just got louder’ warns NC State economist in new report

Here’s a look at Triangle numbers from the latest edition of the WRAL TechWire Jobs Report:

The numbers do not account for duplications in postings.

SAS to close some international offices, making selective hires in prepping for stock offering

OTHER RESOURCES TO FIND TRIANGLE JOB POSTINGS

Below, we’ve gathered the latest upcoming job fairs, student-centric resources, and a list of Twitter accounts that track local job openings. If you’re a student looking for an internship or entry-level position at a local company or organization, your university has resources to help you get started. Quick links below:

For Johnston County job seekers: The recently launched JoCo Careers website helps job seekers find companies hiring in Johnston County. (More TechWire coverage here.)

LOOK FOR TRIANGLE JOB POSTINGS ON THESE TWITTER ACCOUNTS

Here are some locally run Twitter accounts that regularly share job openings in the Triangle: