CARLSBAD, CA/RICHARDSON, TX (November 30, 2009) –Although there was a slight increase (+5.9 points) in the November 2009 CareerCast.com/JobSerf Employment Index, job seekers might be in for a long wait until hiring improves enough for unemployment to drop back into the single digits.
Released today, The CareerCast.com/JobSerf Employment Index, which measures U.S. managerial recruitment activity, found that the number of online job postings in November 2009 rose to 73.7, which is 3.4 points below the level of last November, but slightly higher than the Index last month (67.8).
Some parts of the country are faring better than others during the current job shortage, with Washington D.C. having the greatest hiring activity (135 points) per capita as compared to Riverside (13) with the lowest activity. This month shows San Francisco (70) having twice as many jobs per capita as Los Angeles (35). Atlanta (+14 to 62), Pittsburgh (+14 to 57) and Boston (+14 to 107) showed the most growth since last month while Seattle continues to hold it’s fourth place ranking at 66 points.
While all regions experienced gains in November, the Northeast was the only region of the country to show a slight gain over rankings from 2008.
And while Chicago had the biggest drop, three points down to 56, both major Florida metro areas -- Miami (28) and Tampa (27) -- are lower than almost all other metropolitan areas in the United States.
“With weak hiring persisting through the fall, which is traditionally a strong season for job growth, we could see the national unemployment rate rise above 11% in early 2010,“ says Rich Guha, CEO, JobSerf. ”Unfortunately, C Level positions dropped for the third month in a row, although Manager, Director and VP Level job volumes all saw modest gains."
“Managers and executives living in cities with poor hiring activity can find employment opportunities all over the country through national job boards,” according to Tony Lee, publisher, CareerCast.com. “Although relocation isn’t an option for everyone, job seekers who have more flexibility may consider expanding their job search to include markets that are recovering faster than their own.”
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. (www.jobserf.com) 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 for non-U.S. based professionals to both ‘find & apply’ to 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 600 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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Media Contact:
Beth Brody, Brody PR
609-397-3737
beth@brodypr.com
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