By CareerCast.com/JobSerf Employment Index
Employment Activity Jumps Almost 10-points
CareerCast.com/JobSerf Employment Index
As the nation welcomes spring and warmer weather, job seekers are welcoming the uptick in hiring numbers in March. According to the CareerCast.com/JobSerf, the U.S. hiring activity jumped 9.9 points during March to a total score of 116.9 and its highest peak since the Index launched in 2008. This is the second month of a hiring surge and encouraging news for the long-term recovery in the job market.
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 116.9 for March 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. The CareerCast.com/JobSerf Index is higher at 116.9 than it was March of 2007.
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Employment activity since the beginning of the year has surged almost 22-points, a positive sign for the economy. Hiring levels are also 7.4 points above March 2011 levels, 26.5 points above 2010 and 72.8 points above 2009 levels.
Continue to the March 2012 Regional Hiring Report