By: Evan Mounts, Engineering Market Director The Wright Team recently had the opportunity to attend The International Manufacturing and Technology Show at McCormick Place in Chicago. Being that many of our clients are in the manufacturing space, and the fact that this show was first held almost 100 years ago in our hometown of Cleveland…

As reported this week by Bloomberg, US Job Openings overall are at their lowest point since 2021. Wright’s most recent Engineering Talent Demand Gauge is almost perfectly aligned with this data and shows we’re now down to 2.47 open jobs for every one engineer looking to change roles. This is the coolest we’re seen the…

The team at Wright had predicted that the Engineering Demand Gauge would change to four to one going into May. We were wrong. As Bloomberg reported here, along with several other news sources, U.S. job openings have recently hit a three year low. This is across all jobs, all professions and all industries. The same…

This week we saw another increase in the Engineering Demand ratio to 3.76 current job openings for every one engineer looking for work. Last week was at 3.51. Our prediction remains that we’ll cross over the four threshold going into May. One interesting observation, the demand for Mechanical Engineers continues to increase more than other…

The demand for talent the week of April 1st remains at 3 to 1 but there’s a ‘but’, a big ‘but’. There are still three open jobs for every one engineer looking to make a move. That said, the gauge is just over 3.5 which is the highest its been since the week of February…

We’re approaching Q2 and Engineering Talent Demand remains unchanged over the last month. There are three open jobs for every one engineer looking for a new role. Our team still expects and uptick over the course of Q2. Separately the demand from Wright clients continues to increase as we’ve signed three new clients in the…

3/27/2024 by Josh Healan I was researching a new client this week and, as part of that process, was reading their job descriptions for engineers and other roles. As I was working to better understand certain terms and technologies this client used I began entering full sections of their description in the Google machine. What…

No change to the engineering demand week over week. We remain steady at three open jobs for every one engineer looking for work. Our prediction, demand will increase to four by the end of April. With the Federal Reserve’s announcement that they fully intend three rate decreases for 2024 and budgets being finalized for the…

This time in 2023 candidates were in control. When Wright began measuring Engineering Talent Demand there was seven open jobs for every one engineer looking for work. Good engineers had more options than ever before and could name their price with respect to compensation. We saw engineers getting 50% to, in some cases, 100% salary…

Demand goes unchanged this week at 3.4 open jobs for each engineer looking for a new role. This is an increase from two weeks ago which was 3.1. The team at Wright Technical Services still predicts an uptick going into Q2 of 2024. More to come…