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Daily Q&A: Oklahoma's labor market swings to jobseekers' favor

Pam Fountain-Wilks of Principal Technologies discusses ways to recruit top talent.
Oklahoman Published: August 18, 2014
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Q&A with Pam Fountain-Wilks

Oklahoma’s labor market swings in favor of job seekers for hiring

Q: There’s a lot of talk about the job market and unemployment rates as they relate to economic growth. What does that look like in Oklahoma?

A: Oklahoma unemployment rates are lower than the national average, and have been throughout the economic downturn. As the economy improves, it quickly becomes a candidate’s market.

Q: Explain what’s meant by a skills shortage?

A: Skills shortage is a term used to describe the tight labor market as it relates to highly skilled professions. To be successful, many Oklahoma businesses rely upon professionals in STEM (Science, Technology, Engineering and Mathematics) fields. But companies are struggling to recruit and retain those professionals. During the economic downturn, many employers adopted sluggish hiring patterns. Slow-to-hire companies lose the cream of the crop to their more decisive competitors.

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by Paula Burkes
Reporter
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
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