September 2011: Hiring Activity Loses Traction

September 2011: Hiring Activity Loses Traction
CareerCast.com Mon, 09/26/2011 - 12:04
Author
CareerCast.com/JobSerf Employment Index

Employment Activity Drops in September

       U.S. hiring dropped again in September as online managerial recruitment activity failed to gain any traction, according to the CareerCast.com/JobSerf Employment index. Employment activity ended at 102.6 in September, a drop of 5.0 points from August.

“The good news is that these are the strongest September hiring levels since we started the Index in 2008,” says Jay Martin, COO of JobSerf. “Even with the economic turmoil in the U.S. and Europe, managerial hiring has held up fairly well.”

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 102.6 for September 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 45 months, the CareerCast.com/JobSerf higher at 102.6 than in September of 2007.

 

Index Month Index Score Monthly Change
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

 

Though hiring slipped a bit in September, the overall index is nearly 35 points higher than it was in September 2009, a hopeful sign of a long-term recovery in the job market. In addition, the September level (102.6) is well above the hiring activity of pre-recession employment numbers (87.7) in 2008.

Continue to the September 2011 Regional Hiring Report

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September 2011: Employment Activity by U.S. Region

September 2011: Employment Activity by U.S. Region CareerCast.com Mon, 09/26/2011 - 13:25

September 2011: Employment Activity by Job Title

September 2011: Employment Activity by Job Title CareerCast.com Mon, 09/26/2011 - 13:30

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

September 2011: The 10 Best (and Worst) Cities for Finding a Job
CareerCast.com Mon, 09/26/2011 - 13:38
Author
CareerCast.com

If you’re looking for a job, you may want to head to the central time zone. The four cities with the most hiring activity in September are located there. Despite being one of the worst cities to find a job, Memphis showed the greatest improvement in managerial hiring with a 13% gain in September. The only other cities to show any improvement were Nashville (+3%), Milwaukee (+2%) and Chicago (+1%). Unfortunately, hiring activity dropped double digits (10%) in Miami, Hartford and Philadelphia. Losses were also seen in Boston (-9%), San Diego (-8%), and Denver (-8%).

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 September:

Career Topics
Employment Trends

September 2011: The 10 Worst Cities to Find a Job

September 2011: The 10 Worst Cities to Find a Job CareerCast.com Mon, 09/26/2011 - 13:44