Sizable increases in Hartford, Baltimore and Boston made the Northeast the nation’s most active region for managerial employment this month. After dipping below pre-2008 levels earlier this summer, the region surged closer to its March 2012 pinnacle of 111.9.
"Boston and Hartford led the way in raw gains as well as percentage increase,” Martin says. “Hartford had historically been ranked where it is [No. 14 nationally], and is now returning." Hartford ranked No. 18 at the start of the year, and is nearing its five-year high of 73 reached last August. Boston achieved its best numbers yet, with an index score of 159.
The Nutmeg State’s largest city shows growth after increased unemployment claims in May and June. The BLS projected Hartford’s unemployment rate at 8.5 in June, near its January 2012 mark, but considerably higher than its 7.4 total in April.
The Associated Press reported Connecticut Gov. Dannel P. Malloy’s announced expansion of accounting firm Deloitte and Touche at the beginning of the month, anticipating 500 new positions in addition to more than 1,100 employees already in the state. That news came just weeks after a $19 million state loan was granted for the creation of 400 jobs in steel manufacturing.
Elsewhere, Dallas showed continued improvement, moving up for a third consecutive month. The Southwest as a whole experienced a 6.9 % decrease – yet remains 3.7 % ahead of 2011 standards.
Those regions that dipped in August – hiring in the West remains stagnant, for example – only did so marginally. And even the West, lagging behind 2008 numbers as a whole, featured 6% improvement in its largest city, Los Angeles.
"The slowest cities only had per capita hiring levels drop 1 or 2 points, showing an overall strength of the job market throughout the summer,” Martin says.
Among those cities were Memphis, Tampa and Milwaukee. Their slight drop-offs contributed to overall slides in the Southeast and Midwest. The most notable decline this month was in Cleveland, which dropped three percent. The city is 16% below its Nov. 2010 peak.
Continue reading for analysis of how individual job titles fared in August hiring.