Hiring Activity Drops in July
- CareerCast.com/JobSerf Employment Index July 2011
- July Hiring Overall
- July Hiring by Job Title
- July Hiring by City
- July Hiring by Region
The job market continues to struggle as employment activity dropped 2.1 points from June to July, according to the CareerCast.com/JobSerf Employment Index. The index fell to 98.2 points in July, which is the first time it has been below 100 points since last year. On the bright side, hiring activity is still 20 points ahead of levels seen in July, 2009.
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 98.2 for July 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 43 months, the CareerCast.com/JobSerf Index is lower at 98.2 than in July of 2007.
- USA Hiring Index Table, Jan 2008 - July 2011:
| Index Month | Index Score | Monthly Change |
|---|---|---|
| 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 |
Summer continues to see sluggish hiring levels across the nation as the CareerCast.com/JobSerf Employment Index dropped 2.1 points to 98.2. While overall hiring is up 20-points from 2009, this July fell 8.7 points below employment levels for 2010. This is the first negative dip in year-over-year employment activity in 20-months.
Continue to the July 2011 Regional Hiring Report