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Simply Hired September Job Trends Report

Simply Hired September Job Trends Report

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Published by Simply Hired
September 2010 employment trends
September 2010 employment trends

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Categories:Types, Research
Published by: Simply Hired on Oct 15, 2010
Copyright:Attribution Non-commercial

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12/09/2010

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Press Contact:
Allison Bedardph: +1 415.512.0770simplyhired@schwartzcomm.com
U.S. Employment Trends Report
September 2010
 
U.S. Employment Trends Report
 
|September 2010Simply Hired, Inc.
Executive Summary
Key highlights from this month’s report
U.S. Job Market Snapshot
Nationwide employment changes at a glance
Local Market Outlook
Job growth and competition in 50 major metros
Industry and Occupation Outlook
Job growth and competition in major industries and occupations
Top Hiring Companies
The top 5 companies hiring in 25 major metros
About
Information on the Report and Simply Hired
p. 1p. 2p. 3p. 9p. 11p. 14
ContentsU.S. Employment Trends Report
September 2010
 
U.S. Employment Trends Report
 
|September 2010Simply Hired, Inc.|
 
1
Limited national growth.
Nationwide job openings increased 7.7% from August, with a93.2% year-over-year improvement from last September. “The increase we’ve seen is duelargely to seasonal hiring,” explained Gautam Godhwani, CEO of SimplyHired.com. “Whileunemployment is reported to be higher than expected, this 7.7% growth indicates thatthere are certain types of jobs available. Recovery from the recession is slow, but we areseeing a steady upward movement.”
Healthcare and legal job opportunities.
Healthcare and legal job openings are substantialdespite little or no industry growth. While the healthcare industry posted only a 3.4%increase, hospitals were top employers across all 25 major metros. The legal industryposted a -4.8% decrease in jobs, but legal occupations grew by 18.6%, indicating that thereis a demand for legal workers outside of law firms.
Increase in finance hiring.
Job openings for financial specialists and accountants increasedby 53.7% from last month. This uptick coincides with the traditional fall recruiting seasonfor major banks, accounting, consulting and investing firms.
Healthy job market in Boston.
Of the four least competitive job markets, Boston was theonly one that also had substantial job growth for the month (11.1%), making it overall one ofthe best places for job seekers. The other three least competitive metros all had less than5% job growth.
Employment Impact: Seasonal Hiring
Huge increase in demand for retail workers.
Job openings for retail salespersonswent up 104.1% between August and September. This doubling of jobs is a sign of earlyseasonal hiring, as retail stores prepare for increased business over the holiday season(October through January).
Department stores ramping up hiring.
While there were no department or clothingstores in this month’s Top Hiring Companies, Nationwide, several have begun to expandtheir workforce. JC Penney had a 7.12% month-over-month increase to 1,610 job openings,and Sears had a 30.49% increase to 1,070 job openings. More retail companies shoulddemonstrate similar upticks in the coming months.
Executive Summary

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