A surprise in Triangle job postings

RESEARCH TRIANGLE PARK – Triangle job postings increased last week as workers headed into the Labor Day holiday weekend and despite ongoing talk of a recession.

Locally, 11 of the 20 national job boards tracked by WRAL TechWire for the weekly WRAL TechWire Jobs Report showed week-over-week job gains, with an aggregate total gain of 6.54% over the last seven days.

Adzuna leads the way, reporting 56,618 openings in Wake County alone. That’s up more than 17% over the last month and 25% at the start of 2022. The job board also shows 16,818 openings in Durham County, up more than 3,600 openings since a week ago and an increase of more than 32% since last month

And one staffing industry professional isn’t surprised by the ongoing demand in the Triangle’s labor market, especially in technology.

“I wouldn’t go so far as to say that the Triangle job market is in a bubble, but we are definitely insolated against some of these job decreases [elsewhere,” says Rod Frankel of Raleigh-based Frankel Staffing Partners. “There are certainly layoffs and downsizing operations occurring in our area, but there are also still a healthy number of available job openings.”

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The Triangle jobs market remains as strong as the national demand for labor with nearly two openings for every applicant although new job growth fell off a bit, as noted by N.C. State economist Dr. Mike Walden.

“Job creation by businesses slowed in August, but was still a substantial 315,000, down from the more than 500,000 in July,” Walden explained. And he says more people are wanting to get back to work.

“Then how did the jobless rate rise from 3.5% to 3.7% [in August]? It’s because there was a surge in labor force participation of over 700,000 people,” he noted. “This may be because more people are comfortable going back to the labor market, or it may be because the impact of higher inflation tightening household budgets is causing more people to seek jobs.”

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Growth in Triangle job postings to continue?

But will job growth continue? That’s a huge question.

“With the Fed saying interest rates will continue to rise, it’s likely the job market will continue to slow,” Walden said. “The big question is, will it slow enough such that we will ultimately see aggregate job reductions.”

In the Triangle, it should be pointed out that job openings do lag from a month ago. Month-over-month gains lag, for the third straight week in a row. But in the aggregate, the number of job postings tracked in the report decreased by only 0.54%, or less than 2,000 job openings, month-over-month.

As for North Carolina, employers may be growing increasingly concerned about a recession with data in the latest NC State Index of North Carolina Leading Economic Indicators flashing economic slowdown warning signs. “The Index continued its decline in July,” Walden reports. “Combined with the Federal Reserve’s recent commitment to continue raising interest rates, the odds of a recession occurring have increased.”

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Note: WRAL TechWire’s weekly Jobs Report compiles the latest information from the region’s top job boards, offering a breakdown of how many jobs are posted, which companies are hiring, and what positions are most in-demand. Here’s more from WRAL TechWire on the latest changes in the labor markets in our local economy. Below, we’ve gathered the latest upcoming job fairs, student-centric resources, and a list of Twitter accounts that track local job openings. Here’s what’s new since the last WRAL TechWire Jobs Report.

UNC economist: More people joining labor force is key to a ‘soft landing’ for economy

The latest on Triangle job postings

Each week, WRAL TechWire tracks the total number of Triangle-area positions posted on major job websites, across 20 different searches.

Here is the latest data, as of 1 PM on Monday, September 5. We use the shorthand abbreviation “MoM” for month-over-month and “YTD” for year-to-date in our report. This week’s report also includes tracking the month-over-month gains as a percentage increase or decrease in the total number of postings measured by WRAL TechWire.

Adzuna:
- Wake County: 56,618 (⇑+8,298 or 17.17% MoM; ⇑+14,087 YTD)
  - Raleigh: 45,658 (⇑+6,771 or 17.41% MoM; ⇑+21,714 YTD)
- Durham County: 16,818 (⇑+4,148 or 32.74% MoM; ⇑+7,064YTD)
- Johnston County: 3,642 (⇑+273 or 8.1% MoM; ⇑+413 YTD)*
Dice.com (using the 5-mile radius filter):
- Raleigh: 17,795 (⇓-959 or -5.11% MoM; ⇑+2,424 YTD)
- Durham: 17,065 (⇓-1,037 or -5.73% MoM; ⇑+1,885 YTD)
- Chapel Hill: 16,774 (⇓-1,056 or -5.92% MoM; ⇑+1,785YTD)
Glassdoor: 40,938 jobs across the Research Triangle Park area (⇓-935 or -2.23% MoM; ⇑+6,090 YTD)
Indeed:
- Raleigh: 22,330 (⇓-44 or -0.2% MoM; ⇑+5,922 YTD)
- Durham: 12,822 (⇑+89 or 0.7% MoM; ⇑+2,785 YTD)
- Chapel Hill: 3,442 (⇓-623 or -15.33% MoM; ⇓-446 YTD)
- Johnston County: 3,595 (⇓-7 or -0.19% MoM; ⇑+2,618 YTD)
LinkedIn (using the “exact location” and “0-miles” filters):
- Raleigh: 27,145 (⇑+1,376 or 5.34% MoM; ⇑+280 YTD)
- Durham: 12,127 (⇓-1,328 or -9.87% MoM; ⇓-2,360 YTD)
- Chapel Hill: 3,058 (⇓-280 or -8.39% MoM; ⇑+628 YTD)
- Johnston County: 1,841**
ZipRecruiter (5-mile filter):
- Raleigh: 37,049 (⇓-2,234 or -5.69% MoM; ⇑+3,827 YTD)
- Durham: 16,739 (⇓-956 or -5.4% MoM; ⇑+1,881 YTD)
- Chapel Hill: 925 (⇓-50 or -5.13% MoM; ⇓-2,719 YTD)
- Johnston County: 399 ( ⇓-2 or -0.5% MoM; ⇑+20 YTD)*

Is Triangle jobs market slowing? Number of openings remains volatile

Methodology on measuring Triangle job market

Editor’s Notes: The month-over-month totals are compared to our August 1 report, and the year-to-date totals compare to our Jan. 3 report. **We’ve also updated the methodology for which we track Johnston County job openings on LinkedIn, twice now, in July and in August, as the platform updated how jobs display. As such, we are not able to verify whether comparing prior data is a like-to-like comparison, so we’ve elected to omit that comparison from this report. *And, the year-to-date data for Johnston County tracks from Jan. 31, 2022, when we began to track job postings in the county for the WRAL TechWire Jobs Report.

Weekly Startup Jobs Report

Aside from the boards above, job seekers can also find local startup positions at these sites:

SimplyHired (186 startup jobs near Research Triangle Park, ⇓-3 or -1.59% MoM; ⇓-49 YTD)
LinkedIn (10,511 job openings that include “startup” in the Triangle region, ⇑+1,594 or 29.71% MoM; ⇑+2,444 YTD),
Indeed (248 startup jobs in/near RTP, ⇓-8 or -3.13% MoM; ⇓-75 YTD)
AngelList (40 job openings in Raleigh, 10 in Durham and 83 total across North Carolina, down 32.2%, 41.18%, and 28.45%, respectively, month-over-month)
Durham-based job site InHerSight also lists jobs at local startups among other job postings (131 this week this week within 25 miles of Raleigh, down 10 job postings from a month ago)

Here’s a look at local and regional job sites, listed in alphabetical order, below.

AMA Triangle

AMA Triangle, the fifth-largest chapter in American Marketing Association’s nationwide network, aims to be a go-to resource for all things marketing in the Triangle. The organization provides professional training, free career webinars and a job board offering free resume placement for marketing professionals.

As of Monday, the AMA Triangle job board shows 97 roles close to Raleigh (down from 124 last week) and another 85 roles, some of which overlap, close to Durham (down from 95 openings last week).

American Underground

Durham-based startup hub American Underground (Editor’s Note: American Underground is owned by Capitol Broadcasting Company, the parent company of WRAL TechWire) regularly posts job openings on its job board. Job seekers can filter their search by company, location and job function. As of Monday, the site shows 175 jobs at 55 companies, the same as last week.

Bio Jobs Hub

Last year, WRAL TechWire and the North Carolina Biotechnology Center launched a Bio Jobs Hub platform focused on biopharma manufacturing — one of North Carolina’s largest industries, employing over 26,000 people.

Typical biopharma jobs include process technicians, maintenance and/or instrumentation technicians, quality assurance and quality control associates, process development scientists and process engineers. This industry also offers competitive entry-level salaries, from $42,000 to $60,000. Scientists, skilled laborers and recent graduates can use the Bio Jobs Hub resource to find career and training opportunities in their area. Users can search by location, job category/activity and region.

Many biopharma companies are hiring in the Triangle, including Altis Biosystems in Durham, IDDI in Raleigh, and Ascent Bio-Nano Technologies, Inc. and MedKoo Biosciences in Morrisville. Atrium Health Wake Forest Baptist is hiring a head of biotech and life science ecosystem development, as well.

Leadership Triangle

Leadership Triangle’s job board is full of job opportunities, including from small, mid-size, and large employers. The site lists 1,734 job openings (up from 1,577 openings last week, and up 157 job openings from a month ago) at 30 companies.

NCBiotech

The North Carolina Biotechnology Center’s extensive jobs board lists open jobs and internships from local life science companies and research organizations. The organization recently updated the user interface with a fresh design. Job seekers can filter their search results by position title, job function and location. NCBiotech also touts jobs through its Bio Jobs Hub program.

The site lists 157 job openings as of Monday, down 14 openings last week. (Editor’s Note: This list does not include openings posted by recruiting/staffing firms.)

NC TECH

The North Carolina Technology Association (NC TECH) has an interactive job board that you can use to find your next career opportunity. Users can search by keyword, location, category, type (full-time or part-time) and experience level.

Raleigh Founded

Raleigh Founded, a startup incubator and coworking space that is celebrating its 10th anniversary soon, has its own job board. Job seekers can filter results by company, company size, industry and job function. The site currently lists 50 positions as of Monday.

Triangle Region Job Board

Leadership Triangle, Raleigh Founded and American Underground teamed up to create the Triangle Region Job Board, which synthesizes all of the openings posted on the organizations’ job boards.

As of Monday, the site shows 2,948 job openings. That’s up 40 openings from last week, but remains down by 230 job openings from a month ago.

Work in the Triangle

Work in the Triangle, a Wake County Economic Development program, regularly shares new openings through its Twitter feed, @WorkTriangleNC. The program launched a job board on its website earlier this year, with 8,930 job openings on Monday.

That’s 477 fewer job openings than last week’s report, when there were 9,407 job openings, though there are now 105 more openings than there were a month ago on the job board.

Of the current job openings, 7,105 are technology jobs (down about 400 roles from last week), 1,053 are advanced manufacturing positions (down 50 openings from last week), 336 are in cleantech (down 13 openings from last week) and 435 are in life sciences roles (down 10 openings from last week).

Every Tuesday, Work in the Triangle’s #TriangleTuesdays hashtag lists hot jobs in the area. Scroll through the #TriangleTuesdays hashtag on Twitter today for more details on the latest openings.

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Triangle job postings from top local firms

RALEIGH – Triangle employers continue to seek talented workers to fill thousands of open roles in the region, including more than 3,400 roles at 27 notable companies with a presence in the region.

Still, current job openings at these 27 companies have fallen by more than 200 open roles since last week, according to WRAL TechWire’s latest WRAL TechWire Jobs Report.

Here’s the latest on Triangle job openings at some of the region’s most notable employers, as of Monday afternoon, with any significant week-over-week changes noted:

Amazon: 93 job openings in the Triangle, though some roles can be done remotely, according to the company’s career page
*Apple (corporate roles): 94 job openings in the Triangle, according to the company’s career page
Bandwidth: 24 job openings in Raleigh, according to the company’s career page
*Cisco: 208 job openings in Research Triangle Park, according to the company’s career page (up 13 from last week)
*Citrix: 2 job openings in Raleigh, according to the company’s career page (down from 25 openings earlier this summer)
*Eli Lilly: 36 job openings in Research Triangle Park, according to the company’s career page
Fidelity Investments: 551 job openings in Durham (down 39 openings from last week), according to the company’s career page
*FUJIFILM Diosynth Biotechnologies: 60 job openings in the Triangle, according to the company’s career page
*Google: 224 jobs openings in Durham (down 16 from last week), according to the company’s career page, and 2 with Google Fiber (down from a recent high of 13 openings)
IBM: 2 job opening in RTP, according to the company’s career page, though the company reported quarterly earnings in July and did say it would continue to hire in August.
*IQVIA: 436 job openings in RTP, according to the company’s career page
Kyndryl: 109 job openings in RTP (down 13 from last week), according to the company’s career page, up from 113 openings a week ago.
*Labcorp: 249 job openings in Burlington (headquarters), according to the company’s career page (up 13 from last week)
Lenovo: 316 job openings in Morrisville, according to the company’s career page
MetLife: 133 job openings in Cary, according to the company’s career page. MetLife told WRAL TechWire last week that it planned to hire 400 workers by New Year’s Day.
Microsoft: 25 job openings in Raleigh, according to the company’s career page
*NetApp: 196 job openings in the Triangle, according to the company’s career page
*Novo Nordisk: 10 jobs in the Triangle (down from 193 openings a few weeks ago and down from 179 job openings last week, according to the company’s career page
*Novartis: 6 job openings in the Triangle, according to the company’s career page
Pendo: 3 job openings in Raleigh, according to the company’s career page
Red Hat: 27 job openings in Raleigh, according to the company’s career page, up from 9 openings last week. Red Hat is owned by IBM.
RTI International: 144 job openings in Durham, according to the company’s career page
SAS: 146 job openings in Cary, according to the company’s career page
*Wolfspeed: 209 job openings in Durham, according to the company’s career page. The company is expected to announce an investment in Chatham County that would bring some 1,800 jobs to the region, sources confirmed to WRAL last week.

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Upcoming Job Fairs/Career Events

Here’s our latest roundup of upcoming job fairs and other resources to help people looking for employment.

Toshiba Global Commerce Solutions HBCU Student & Alumni Career Fair: Sept. 8, 1-4 p.m., at Toshiba Global Commerce Solutions Corporate Headquarters, 3901 S. Miami Blvd., Durham, NC 27703. Open, and free, to all current students or alumni of any HBCU. Registration required, with registration deadline of Monday, Sept. 6.
NC State Engineering Career Fair: Sept. 20–21 (in-person and virtual) In this hybrid career fair, NC State engineering students can meet with employers seeking talent across a range of industries. This is a two-day event: The first day will be held in person, while the second will take place virtually via Career Fair Plus. More details here.
NC TECH Virtual Jobs Fair: Oct. 5 (online). The NC TECH Job Expo is primarily focused on candidates seeking tech-related jobs/careers and internships. Whether actively seeking a job or interested in learning more about the participating employers.