U.S. Employment Trends Report
|September 2010Simply Hired, Inc.|
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.