IT’S AN ILLUSION that it’s a buyers’ market for employers right now. Despite the state’s persistent 7 percent unemployment rate, many of the female executives in our survey still say one of their largest challenges is hiring and keeping the right employees. “It’s a common misconception that higher unemployment rates lead to more top talent being available,” says Annie Stevens, managing partner at ClearRock (Top 100 Women-Led Businesses in Massachusetts honorable mention), a Boston-based executive outplacement firm. “Top talent is the last to be impacted; if they are, they are scooped up quickly. It’s actually harder to find talent in times of high unemployment, especially since most recruiters are weeding through that many more resumes.”
According to a 2013 report by ManpowerGroup, 39 percent of US employers surveyed said they are having difficulty filling jobs due to a lack of suitable applicants.