RESEARCH TRIANGLE PARK — The Triangle’s startup job market dipped slightly again this week, according to the latest edition of the WRAL TechWire Jobs Report. But there is an increasing amount of investment capital for these companies, which might lead to a boost in hiring as entrepreneurs restock capital.
Triangle Tweener Fund, Cofounders Capital, IDEA Fund Partners, Oval Park, Venture South, and the new RTP Angel Fund are deploying a lot of capital. We’ll find out in the near future if this capital leads to an uptick in hiring.
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Startup job postings fell to 10,111 postings (not accounting for duplications in postings)—the lowest point since WRAL began tracking this data.
Some boards have seen bigger dips than others; for example, the wellfound job boards for Raleigh and Durham are down over 90% compared to this time last year, with wellfound: Raleigh showing only five postings this week, and wellfound: Durham showing only one posting.
Overall, startup job postings are down 57% compared to last year. But startup job postings often differ from the wider job market trends. Job openings in the wider Triangle market were up this week, according to the WRAL TechWire Jobs Report.
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Here’s a look at the startup jobs trend for this week:
Here are the numbers from all 15 different local or regional job board sites that we review weekly for WRAL TechWire’s exclusive Jobs Report for “startup” jobs:
Check back next week for an update on the WRAL TechWire jobs report.
