October 2011: Hiring Shows Slight Gain

October 2011: Hiring Shows Slight Gain
CareerCast.com Fri, 10/28/2011 - 11:59
Author
CareerCast.com/JobSerf Employment Index

Employment Activity Raises Slightly in October

       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.

Index Month Index Score Monthly Change
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

 

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

Career Topics
Employment Trends

October 2011: Employment Activity by U.S. Region

October 2011: Employment Activity by U.S. Region CareerCast.com Fri, 10/28/2011 - 12:20

October 2011: Employment Activity by Job Title

October 2011: Employment Activity by Job Title CareerCast.com Fri, 10/28/2011 - 13:17

October 2011: The 10 Best (and Worst) Cities for Finding a Job

October 2011: The 10 Best (and Worst) Cities for Finding a Job
CareerCast.com Fri, 10/28/2011 - 13:25
Author
CareerCast.com

Despite retailers gearing up for the holiday season, hiring dropped for most cities in October. San Francisco is the only city on our list to see any positive (2% gain) employment activity during the month. The biggest losers in hiring activity this month were Louisville (-22%), Memphis (-20%) and Milwaukee (-16%).

To determine the cities with the 10 best and worst job markets each month, the CareerCast.com/JobSerf Index surveys 30 different major metro areas across the U.S. for per capita job availability. Rather than simply reporting the cities with the most and least jobs, the Index measures the number of job openings relative to population. This gives a more complete picture of how easy (or difficult) it is to get a new job in each metro area.

Want to know where the jobs are? These metro areas made up the 10 best cities to find a job in October:

Career Topics
Employment Trends

October 2011: The 10 Worst Cities to Find a Job

October 2011: The 10 Worst Cities to Find a Job CareerCast.com Fri, 10/28/2011 - 13:29