By CareerCast.com/JobSerf Employment Index
Employment Activity Raises Slightly in October
CareerCast.com/JobSerf Employment Index
Managerial hiring nationally rose 1.9 points in October to 104.4, as U.S. companies added just a small number of salaried jobs to their payrolls, according to the CareerCast.com/JobSerf Employment index.
“Even with subdued hiring rates and elevated unemployment, employers still say they’re having difficulty filling certain managerial positions,” says Tony Lee, publisher, CareerCast.com. ”Considering that millions of people cannot find employment in their industries, the issue may be that employers either aren’t willing to pay what candidates are requesting, or they’re not willing to revise job requirements and provide training to help the unemployed fill their hiring needs.”
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 104.4 for October 2011 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. Over the past 46 months, the CareerCast.com/JobSerf higher at 104.4 than in October of 2007.
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As hiring levels bounce around from month-to-month, the overall trend is moving in a positive direction for job seekers. Employment activity ended at 104.4 in October, a gain of 1.9 points from September. In addition, managerial hiring activity is up almost 5-points from last October and almost 37-points higher than it was in October, 2009.
Continue to the October 2011 Regional Hiring Report