January 2013 Hiring Improves Slightly

January 2013 Hiring Improves Slightly
CareerCast.com Mon, 01/28/2013 - 08:22
Author
CareerCast.com/JobSerf

The new year began with a modest hiring improvement for managerial positions, reports the CareerCast.com/JobSerf Employment Index. The 2.2-point increase in January hiring is a slight rebound from major dips in new, white collar employment during November and December.

At 99 points, the index is above its January 2012 mark of 95. However, the current mark is below the level of two years ago – 103.7 – and the average 2012 score of 103.9 points.

 

The risk of the nation falling off the fiscal cliff contributed to the drops in November and December. Though President Obama signed the House and Senate’s agreed upon deal to avert the impact of the Budget Control Act of 2011 expiring, the modest gains in January show a wait-and-see approach in the managerial labor market.

"The impact of the budget battle was strongly felt in hiring at the start and middle of the month,” JobSerf CEO Jay Martin says. “With a change of politicians, and total obscurity as to where the budget negotiations will lead this year, there is a lot of instability in the hiring markets.”

Fittingly, one of the more notable declines was is in the nation’s capital. Long the forerunner of managerial hiring strength, the JobSerf report finds Washington’s hold on the top spot is slipping. The city’s hiring index fell seven points and now leads second place Boston by just three points.

“The impact of D.C. dysfunction can be seen in the city’s lack of hiring activity,” Martin says.

How do we determine these numbers?

The CareerCast.com/JobSerf Employment Index calculates the number of available managerial job openings each month by surveying a 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 99.0 for January 2013 mean? The Index measures employment activity against a base score of 100, which represents the volume of job openings during the same period in 2008. A score higher than 100 means that there are more available jobs than in 2008, while one below 100 means that job seekers now have fewer opportunities available. Over the past 55 months, the CareerCast.com/JobSerf Index is lower at 99.0 than in January 2008.

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Employment Trends

January 2013: Employment By Region

January 2013: Employment By Region

Managerial hiring in the Southeast buoyed the national averages in January.

The region improved its index score from December 2012 by a hefty 5.3 points, to 97.2. The improvement puts the Southeast well above its average of the last two years: 90.7 in January 2011 (+6.5) and 82.3 in January 2012 (+14.9).

The nation’s other four regions experienced change within three points – plus or minus – of their December 2012 figures. The Midwest’s index fell 2.9 points, largely due to a sizable tumble in managerial hiring in Cleveland.

The city’s index fell 11%, most in the nation. Cincinnati’s increase in hiring helped somewhat offset the losses in Cleveland. The Queen City gained three index points, or 5%. The nation’s largest growth was seen in Dallas, which added five points for a 7% increase. Dallas dropped every month since September before January’s growth.

 

Index Month Northeast Southeast Midwest Southwest West
January 2013 100.9 97.2 95.3 100.4 76.5
December 2012 99.4 91.9 98.2 103.5 77.8
November 2012 101.8 92.7 103.4 108.4 84.7
October 2012 105.8 93.3 106.4 109.9 79.3
September 2012 95.4 92.4 100.4 108.2 81.4
August 2012 103.9 99.0 104.5 113.2 83.6
July 2012 98.4 94.1 102.4 120.2 83.9
June 2012 100.2 95.8 101.7 112.5 82.3
May 2012 88.8 81.7 96.1 106.1 77.2
April 2012 97.8 96.0 99.4 109.0 80.7
March 2012 111.9 110.7 107.5 117.4 87.7
February 2012 109.8 96.4 114.0 109.6 80.9
January 2012 95.5 82.3 93.0 100.2 74.8
December 2011 95.8 88.0 92.5 95.8 73.7
November 2011 105.3 99.6 96.6 105.6 84.5
October 2011 105.7 95.2 98.6 103.3 80.7
September 2011 98.2 96.7 107.4 105.5 85.0
August 2011 108.3 100.6 112.0 109.5 86.9
July 2011 104.2 94.4 101.5 109.0 84.5
June 2011 103.6 95.2 99.3 102.1 81.3
May 2011 105.1 98.7 101.5 111.6 85.6
April 2011 120.3 106.4 120.7 122.1 93.1
March 2011 123.1 109.0 113.2 105.5 87.9
February 2011 118.1 95.5 124.9 106.1 85.3
January 2011 114.3 90.7 112.1 117.3 87.4
December 2010 106.7 97.0 104.6 100.2 82.2
November 2010 100.4 100.1 103.6 112.6 91.6
October 2010 108.8 89.6 98.2 102.4 80.6
September 2010 102.0 91.8 102.0 103.9 84.8
August 2010 108.8 95.6 106.4 105.2 84.3
July 2010 111.7 100.6 101.9 103.5 88.6
June 2010 108.9 100.1 97.0 100.4 79.7
May 2010 98.6 89.2 89.4 102.9 77.5
April 2010 99.7 87.3 91.3 94.9 74.5
March 2010 94.1 85.6 86.3 97.5 71.3
February 2010 94.3 79.4 95.8 88.6 70.9
January 2010 85.0 66.4 76.8 84.8 63.6
December 2009 84.8 76.0 75.1 79.3 67.6
November 2009 84.5 74.7 68.2 77.7 69.5
October 2009 78.0 66.6 62.1 73.7 63.8
September 2009 75.6 69.1 65.1 75.4 64.5
August 2009 92.0 83.3 80.4 86.3 73.7
July 2009 87.5 80.3 72.4 88.1 75.0
June 2009 68.6 64.4 60.9 69.4 55.9
May 2009 67.0 61.8 53.1 66.9 51.7
April 2009 46.0 42.5 40.4 47.5 40.1
March 2009 48.1 45.8 39.0 51.6 45.2
February 2009 51.7 50.4 46.6 54.4 50.5
January 2009 66.0 58.5 56.6 70.8 62.6
December 2008 69.7 69.9 59.8 71.8 66.3
November 2008 81.1 76.8 72.7 81.6 78.3
October 2008 75.1 71.5 71.1 79.0 75.2
September 2008 87.0 82.9 86.8 97.8 93.3
August 2008 109.0 102.5 105.8 115.2 109.4
July 2008 106.6 96.4 107.7 111.1 96.3
June 2008 108.0 101.2 100.4 111.7 103.0
May 2008 100.0 97.2 92.2 103.8 97.0
April 2008 98.3 92.3 96.7 99.6 95.5
March 2008 115.2 113.1 108.3 119.3 107.7
February 2008 114.5 105.0 133.6 117.3 105.3
January 2008 101.2 94.6 103.3 113.5 100.3


Continue reading for analysis of how individual job titles fared in January hiring.

CareerCast.com Wed, 01/30/2013 - 23:33

January 2013: Employment By Job Title

January 2013: Employment By Job Title

Director level hiring grew the most of all managerial hiring in January, jumping 10 index points from December. Director level positions are at their highest level of hiring since October, and above the January 2012 score of 92. Manager level is also above its score of a year ago, at 114 in January 2013 to 104 a year ago.

C-Level and VP positions are both down from their hiring levels of a year ago.

 

Index Month C-Level VP Level Director Level Manager Level
January 2013 60 72 94 114
December 2012 56 79 84 115
November 2012 56 87 88 117
October 2012 70 120 96 118
September 2012 65 107 92 115
August 2012 65 118 99 114
July 2012 59 104 94 114
June 2012 57 104 97 115
May 2012 54 100 91 108
April 2012 65 103 96 109
March 2012 60 119 104 133
February 2012 66 109 98 118
January 2012 65 86 92 104
December 2011 52 107 83 106
November 2011 71 97 95 108
October 2011 60 128 96 110
September 2011 66 104 94 113
August 2011 78 93 96 123
July 2011 66 85 91 111
June 2011 70 87 92 113
May 2011 62 93 87 116
April 2011 89 104 105 119
March 2011 104 113 95 118
February 2011 106 104 97 109
January 2011 111 79 105 108
December 2010 71 97 95 108
November 2010 72 113 104 110
October 2010 76 114 98 100
September 2010 81 114 99 99
August 2010 86 115 101 103
July 2010 104 105 105 109
June 2010 77 86 90 98
May 2010 75 88 84 94
April 2010 76 88 91 97
March 2010 68 89 87 96
February 2010 70 77 80 89
January 2010 60 48 83 71
December 2009 57 68 80 74
November 2009 57 68 81 73
October 2009 62 65 77 64
September 2009 63 63 76 66
August 2009 90 75 88 75
July 2009 81 66 85 77
June 2009 74 52 66 57
May 2009 65 50 63 53
April 2009 31 31 48 42
March 2009 22 33 50 47
February 2009 28 37 56 52
January 2009 38 38 75 63
December 2008 35 48 74 71
November 2008 47 56 86 82
October 2008 58 74 81 71
September 2008 82 81 91 88
August 2008 81 100 107 110
July 2008 78 82 111 102
June 2008 110 87 109 101
May 2008 123 83 102 91
April 2008 105 87 98 92
March 2008 102 108 111 110
February 2008 117 122 110 104
January 2008 111 84 107 99

 

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CareerCast.com Wed, 01/30/2013 - 23:38