DHI-DFH Measure of National Mean Vacancy Duration
January 2001 to February 2017

“Employers in Health Services and Financial Services face significant challenges in finding and recruiting new hires” said Dr. Steven Davis, William H. Abbott Professor of International Business and Economics at the University of Chicago Booth School of Business. Davis is a co-developer of the DHI Database and co-creator of the DHI-DFH Mean Vacancy Duration Measure and Recruiting Intensity Index.

 “The recruiting environment for tech professionals has always been driven by in-demand skills and ability to find qualified candidates,” said Michael Durney, President and CEO of DHI Group, Inc. “That said, there are some tech specialties that have experienced tighter market conditions than others. Tech pros who are flexible, resilient and, most importantly, continuously brush up on their craft, are in a unique position to manage their careers and ask for ideal compensation.”

The duration measure reflects the vacancy concept in the Job Openings and Labor Turnover Survey (JOLTS).  Specifically, a job opening gets “filled” according to JOLTS when a job offer for the open position is accepted.  So the DHI-DFH vacancy duration statistics refer to the average length of time required to fill open positions.  Typically, there is also a lag between the fill date and the new hire's start date on the new job.

Recruiting Intensity Per Vacancy
January 2001 to February 2017

The DHI-DFH Recruiting Intensity Index, plotted in the above chart, fell to 1.03 in February from a revised level of 1.04 in January.

National Labor Market Slackness
January 2012- February 2017

The above chart displays measures of labor market slack in the United States.