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Summer Swoon? Employment Activity Declines in July

wilted sunflower By CareerCast.com/JobSerf Employment Index

After a strong performance the month before, hiring experienced a summer swoon in July, as employment activity dropped by more than 1% across the U.S. Although this is the second year in a row that hiring has slowed in July, overall the CareerCast.com/JobSerf Emloyment Index is still up over 4% from the same period in 2011 – just the third time in 2012 that managerial hiring activity has been better than last year.

How do we determine these employment activity 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 103.7 for June 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.

  • USA Hiring Index Table, Jan 2008 - July 2012:
Index Month Index Score Monthly Change
July 2012 102.5 -1.2
June 2012 103.7 +6.2
May 2012 97.5 -3.8
April 2012 101.3 -15.3
March 2012 116.9 +9.9
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 +1.8
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

Employment activity across the U.S. has been relatively stagnant in recent months, remaining within a 7-point window since April. But despite this summer swoon, hiring in some U.S. regions continues to outpace the rest of the nation by a considerable margin.

Continue to the June 2012 Regional Hiring Report


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