CARLSBAD, CA/RICHARDSON, TX (October 30, 2012) – Managerial recruitment activity had a gain of 4.9 points in October, a 41.4 point improvement over October, 2009, according to the new CareerCast.com/JobSerf Employment Index. The Index, which measures managerial hiring activity online, has remained fairly stable over the past few months, although nationwide improvement was not significant enough to put a sizable dent in unemployment.
Baltimore benefited the most from improved hiring this month, gaining 6% to reach its four-year watermark score of 105. The city’s hiring index is up 57 points since bottoming out in July 2009.
Indianapolis had its second measurable improvement in as many months. Its hiring activity climbed 4%, now sitting 13 index points higher than a year ago. Indianapolis also made significant strides in September, part of an overall improvement for cities involved in auto manufacturing. The Midwest, epicenter for the automotive industry, increased hiring throughout the region by 6 index points.
Hiring gains in the state’s largest city have helped buoy overall improvement throughout Indiana, which, according to the Indiana Department of Workforce Development, has had a 0.9% reduction in its unemployment rate over the past year.
Hit hard this month was Dallas. Hiring there dipped 8%, far-and-away the most significant drop nationally. Hiring activity also dropped in Memphis (-6%), Tampa (-5%), New York City (-5%), and St. Louis (-5%).
“The U.S. unemployment rate has fallen to 7.8%, the lowest figure in over four years but still above pre-recession levels,” says Tony Lee, publisher, CareerCast.com. “The JobSerf/CareerCast Employment Index reflects a similar outlook of tempered positivity, bucking trends of job market tumult in past presidential election cycles.”
“The Index heads into election day at a respectably strong level, though high unemployment still persists in many cities,” says JobSerf CEO Jay Martin. "Election cycles provide uncertainty for the hiring market, but this level of hiring is still strong.”
The CareerCast.com/JobSerf Employment Index per capita hiring levels for U.S. cities in October are:
1. Washington, D.C. – 164
2. Boston – 150
3. San Francisco – 120
4. Baltimore – 105
5. Chicago - 101
6. Seattle – 100
7. Atlanta - 97
8. Denver – 86
9. Nashville - 85
10. New York City – 81
11. Dallas - 80
12. Houston – 79
13. Philadelphia – 75
14. Indianapolis - 72
15. Hartford – 69
16. Pittsburgh - 69
17. Minneapolis – 66
18. San Diego – 65
19. Cleveland - 65
20. Louisville - 63
21. St. Louis - 61
22. Cincinnati – 60
23. Phoenix – 59
24. Milwaukee– 58
25. Tampa – 52
26. Los Angeles – 52
27. Miami - 51
28. Detroit – 51
29. Memphis - 45
30. Riverside – 27
The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing managerial hiring activity based on the number of jobs 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 and get more information on the best and worst cities to find a job, visit http://www.careercast.com/career-news/october-hiring-growth-bucks-election-cycle-trends.
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 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.