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Simply Hired December 2010 Job Trends Report

Simply Hired December 2010 Job Trends Report

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Published by Simply Hired
December 2010 employment trends
December 2010 employment trends

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Published by: Simply Hired on Jan 06, 2011
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01/06/2011

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Press Contact:
Allison Bedardph: +1 415.512.0770simplyhired@schwartzcomm.com
U.S. Employment Trends Report
November 2010
 
U.S. Employment Trends Report
December 2010
 
U.S. Employment Trends Report
| December 2010
 
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
Contents 
Simply Hired, Inc.
U.S. Employment Trends Report
December 2010
 
U.S. Employment Trends Report
| December 2010Simply Hired, Inc. |
1
Executive Summary
Nationwide hiring slows due to holidays.
Job openings across the U.S. decreased 4.4%rom November. “It’s typical or the job market to slow down in the last weeks o the year,”explained Gautam Godhwani, CEO o SimplyHired.com. “Employers oten nd it easier topause hiring and resume ater the holidays.” Despite the month-over-month decline, themarket remained improved rom last year, up 69.4%.
Two new top nationwide employers.
Two Fortune 500 companies, Hospital Corporationo America (HCA) and Advance Auto Parts, emerged on the Top Hiring Companies,Nationwide list this month. HCA was third with 2,508 job openings and Advance Auto Partswas ourth with 2,096 job openings.
Financial jobs continue to gain traction.
Although the majority o occupational categoriessaw a decrease in job openings or the month, nancial and accounting jobs had a substantial37.3% growth. This kind o growth at a typically slow time o year indicates that while thenancial industry has struggled to recover, it is making steady progress.
Seasonal boost in hospitality industry.
Although job openings in most industries declinedthis month, the hospitality industry showed a notable increase o 8.7%. The industry, whichincludes restaurants, hotels and similar businesses, likely experienced growth due to theholiday season.
Employment Impact: Year End
Hiring declines in most industries.
12 o 16 industries decreased in job openings inDecember, mirroring the 17 o 24 occupation categories that also experienced a decline. Thislull in hiring is a continuation o the trend seen in November, when our non-retail industriesposted negative changes in job openings.
Job seeking slows.
Although nearly all metros posted a negative change in job openings, job competition improved or remained constant in most metros. This trend suggests thatthe number o active job seekers may have decreased temporarily in conjunction with thedecrease in available jobs.

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