Widely Held Positive Outlook for Hiring Trends to Increase in 2015Apr 27, 2015
SUNNYVALE, CA (April 27, 2015) – According to West Valley Staffing Group’s latest Economic Forecast Survey, the second quarter of 2015 is expected to continue to see hiring levels on the rise. Employers were optimistic regarding hiring trends and this growth will be typical for the remainder of the year.
Out of the hundreds of hiring managers surveyed this quarter, 43% expect their hiring needs to increase in Q2, and 49% believe that hiring will remain steady throughout this second quarter. On the other hand, only 8% anticipate their hiring needs to decrease.
In recent studies provided by the Employment Development Department, employment in Santa Clara County rose by 7,600 over the last year to reach an impressive 1,048,300 jobs as of March of 2015. According to the Unemployment Rate Historical trends, there has been a continual decline of unemployment rates subsequent to quarter 1 of 2015, which includes a total overview of all industries.
"Employers have indicated in this survey that hiring levels will continue to increase during the second quarter of 2015” said Charlie Allport, Executive Vice President of West Valley Staffing Group. “This information is concurrent with the current economic trends we are witnessing in Silicon Valley and beyond. We are prepared for the growth and are seeing the number of openings steadily increase on a daily basis.”
About the Survey
Each quarter, West Valley Staffing Group (WVSG) surveys a diverse range of Silicon Valley hiring managers about their upcoming hiring needs. The hiring managers come from many industry sectors, including high tech, manufacturing, electronics, finance, semiconductor, medical, aerospace, alternative energy, and more. Each participant is asked, "Do you expect your hiring needs to increase, remain steady, or decrease in the next quarter and beyond?"
For additional information about the economic data above, or to participate in future Silicon Valley Economic Surveys, call us at 408.735.1420 or visit us online at www.westvalley.com.
West Valley Staffing Group (WVSG), an independent and privately owned staffing agency, brings over 45 years of experience providing comprehensive staffing solutions - through four specialty companies. Established in 1968 as West Valley Engineering, the company was one of the first in the valley to offer temporary technical services to Silicon Valley companies. In 1984, Prostar Staffing was founded to provide clerical and administrative personnel to the growing number of companies in the area. In 1995, West Valley Technology and Accountants Now! were founded to satisfy the demand for specialized information technology and accounting professionals, respectively. Today, all four companies fall under the umbrella organization, WVSG, which has offices in Sunnyvale, Pleasanton, and beyond.
West Valley Staffing Group conducts extensive research on hiring and employment trends through our ongoing surveys of executives and hiring managers. Please contact Mary Tran for more information:
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