Empowering Growth, Fueling New Opportunities

CEO Corner

Now that Q3 has wrapped up, I want to take a moment to thank you for continuing to trust Recruitability for your talent acquisition needs. Our clients and candidates are the foundation of our success, and we remain committed to serving you with excellence. "Live to Serve" is more than just a core value—it’s our guiding principle in every partnership we form.

Q3 reflected the same talent challenges we've seen throughout the year. According to LinkedIn's September Workforce Report, the job market remains in a slowdown and is saturated with candidates, but many still lack the specialized skill sets necessary for the roles companies need to fill. Our goal is to help you navigate these complexities and find the diamonds in the rough.

Additionally, HR professionals continue to struggle with low morale, as outlined in recent reports. These challenges, paired with a competitive market, have made the hiring process more demanding, but we’re here to support you every step of the way.

As we look ahead to Q4 and beyond, we know the upcoming election brings uncertainty, which could impact the market. As I’ve shared in recent discussions, it’s often the uncertainty leading up to the election that creates hesitancy in hiring decisions, regardless of the final outcome.

As always, don’t hesitate to reach out to discuss market trends or your hiring needs. Thank you for being a valued part of the recruitAbility family!

Nad Elias, CEO

Team Highlights

We’re so grateful to be recognized among the top Austin-Area Recruitment Firms for Retained Executive Search, Contingency, and Tech—thank you to our amazing clients and team!

The recruitAbility team will be hosting tailgates at every UT home game and would love to see you join us for pre-game food, refreshments & fun!

Current Hiring Trends and News

September 2024 Workforce Report:

• No relief from summer hiring slowdown: Nationally, across all industries, hiring decelerated by 1.5% from July to August and decreased 9.5% compared to August 2023.
• Industry hiring slowed broadly in August: Hiring decreased in 17 out of 20 industries from July to August, reflecting a broad deceleration in hiring across industries. The industries with the strongest month-over-month acceleration in August were Financial Services (+1.7%); Education (+1.1%); and Consumer Services (+0.2%).

• Hiring gains balanced across major metros: Hiring increased in 11 out of 20 metro areas we track from July to August. Tech hubs, San Francisco (+4.6%) and Austin (+3.7%), saw the largest accelerations in hiring from July to August followed by Washington, D.C. (+2.1%).

Read the full report here: September Workforce Report

Federal judge in Texas overturns FTC ban on noncompete agreements:

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor.