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February 2012: Employment Activity Picks Up

Hiring Outlook By CareerCast.com/JobSerf Employment Index

Hiring Activity Jumps 12-points

 

Job seekers were feeling the love in February as hiring jumped 12-points to 107, according to the CareerCast.com/JobSerf Employment index.  The February 2012 Index, which measures managerial hiring activity online, also showed a sizeable gain over the past two years, with an increase of 23.7 points from the February 2010 Index.

How do we determine these numbers?

The CareerCast.com/JobSerf Employment Index calculates the number of available managerial job openings each month by surveying wide range of local and national job boards across the U.S, with all results hand-counted and checked for duplication by a team of researchers. What does an overall Index score of 107 for February 2012 mean? The Index measures employment activity against a base score of 100, which represents the volume of job openings during the same period in 2007. A score higher than 100 means that there are more available jobs than in 2007, while one below 100 means that job seekers now have fewer opportunities available. TheJobSerf his higher at 107 than it was February of 2007.

  • USA Hiring Index Table, Jan 2008 - Feb 2012:

                                  

Index Month Index Score Monthly Change
February 2012 107.0 +12.0
January 2012 95.0 -0.1
December 2011 95.1 -8.4
November 2011 103.5 -0.9
October 2011 104.4 +1.9
September 2011 102.6 -5.0
August 2011 107.6 +9.4
July 2011 98.2 -2.1
June 2011 100.3 -0.2
May 2011 100.5 -10.1
April 2011 110.6 +1.1
March 2011 109.5 +5.2
February 2011 104.3 +0.6
January 2011 103.7 +3.8
December 2010 99.9 -6.0
November 2010 105.9 +6.4
October 2010 99.5 -0.1
September 2010 99.6 -2.7
August 2010 102.3 -4.6
July 2010 106.9 +14.3
June 2010 92.6 +3.6
May 2010 89.0 -3.3
April 2010 92.3 +1.9
March 2010 90.4 +7.1
February 2010 83.3 +12.5
January 2010 70.8 -3.1
December 2009 73.9 +0.2
November 2009 73.7 +5.9
October 2009 67.8 -0.6
September 2009 68.4 -11.4
August 2009 79.8 +1.6
July 2009 78.2 +17.8
June 2009 60.4 +3.8
May 2009 56.6 +15.2
April 2009 41.4 -2.7
March 2009 44.1 -5.4
February 2009 49.5 -12.2
January 2009 61.7 -4.5
December 2008 66.2 -10.9
November 2008 77.1 +3.7
October 2008 73.4 -14.3
September 2008 87.7 -18.0
August 2008 105.7 +5.4
July 2008 100.3 -2.3
June 2008 102.6 +6.8
May 2008 95.8 +1.6
April 2008 94.2 -15.1
March 2008 109.3 +0.3
February 2008 109.0 +8.7
January 2008 100.3 +/-0

 

After seeing the index dip under 100 in December 2011 and January 2012, hiring in February rebounded in a very positive direction.

“Hiring expectations are on the upswing and the demand for talent remains competitive,” says Tony Lee, publisher, CareerCast.com. “The previously gloomy employment picture is starting to brighten, even amid economic uncertainty. However, managers may need to broaden their skills by acquiring additional training or education to remain attractive to potential employers.”

 

Continue to the February 2012 Regional Hiring Report


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