CareerCast.com/JobSerf Employment Index Indicates Rebound in Managerial Hiring
Cleveland, Cincinnati, Hartford, and Indianapolis Lead in Job Growth
(February 26, 2010)
The February 2010 CareerCast.com/JobSerf Employment Index, which measures managerial recruitment activity online, showed considerable growth in hiring activity this month, rising to 83.3, up 12.5 points since January. Leading the rebound in per capita hiring gains were Cincinnati (+39%), Cleveland (+37%), Hartford (+28%) and Indianapolis (+24%).
VP Level hiring showed a dramatic gain, rising 29 points while Manager Level (+18) and C-Level (+10) hiring made significant gains. Director Level hiring was the only group to see a drop this month, down 3 points.
"The February Index is up 33.8 points from a year ago, and this month's hiring activity offers some relief to many parts of the country hurt by the recession," explains Jay Martin, COO, JobSerf. "The improvement in job growth is an early indicator of general economic recovery."
Cities in the Northeast had large per capita gains, including New York (+10 to 62), Philadelphia (+8 to 53) and Hartford (+9 to 41). Boston continued to rank as the number two city for recruitment activity, rising 4 points this month to 100. The top-ranked city, Washington, DC rose 7 points to 138.
Although the Midwest and Southeast had gains, the West continues to struggle and remains behind the rest of the country. Cities in Southern California barely improved with a one point gain each (Riverside at 14 points and Los Angeles at 32 points) and both trail the leading cities for jobs by a considerable amount.
"Even though the Southwest and Western areas of the county did not see a strong demand this month, the overall rise in recruitment activity is promising," says Tony Lee, publisher, CareerCast.com. "The Index shows the beginning of a hiring rebound, which is good news for those who have been unemployed for many months."
The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing the change in managerial job openings posted online nationally. The Index reveals the differences in job listings by month, and offers valuable trends and forecasts using proprietary employment data hand-counted by a team of researchers.
To read the full report or for more information, visit www.CareerCast.com.
About JobSerf
JobSerf, Inc. is a privately held Texas-based corporation that pioneered the job search outsourcing (JSO) industry with its revolutionary 'Find & Apply' service. The company's patent-pending process provides for an affordable means to both 'find & apply' for jobs on behalf of clients. For more information, visit the website at www.jobserf.com.
About CareerCast.com
CareerCast.com, created by Adicio, is a job search portal that offers extensive local, niche and national job listings from across North America, job-hunting, career-management and HR-focused editorial content, videos and blogs, and provides recruiters with the ability to post jobs directly to more than 800 niche career sites. CareerCast.com also compiles the Jobs Rated Report (www.jobsrated.com), where 200 jobs across North America are ranked based on detailed analysis of specific careers factors.
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Colleen Gildea
colleen@interbiznet.com
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