U.S. Employment Trends Report
|April 2011Simply Hired, Inc.|
Hiring steadily surpasses pre-recession levels.
After returning to pre-recessionlevels last month, nationwide job openings continued to increase in April, gaining 6.7%month-over-month and 33.9% year-over year. “In March, SimplyHired.com reachedpre-recession numbers of job listings, and the government released the most optimisticemployment report we’ve seen in a long time,” said Gautam Godhwani, CEO ofSimplyHired.com. “The continued job growth our site has seen in April will likely resultin more hires in the coming months.”
Increased hiring in 49 of 50 metros.
Nearly all 50 most populous metros experiencedmonth-over-month increases in job openings in April. The only metro with a declinein job openings was Austin (TX), which decreased -4.0%. Last month, Austin had thegreatest job growth across all metros.
Most competitive metros now less competitive.
While the rank order for the nation’smost competitive job markets did not change, three of the most difficult metros for jobseekers became slightly less competitive. The unemployment ratios in Las Vegas (NV),Detroit (MI) and Orlando (FL) improved from last month, dropping to 7:1, 5:1 and 5:1respectively.
UnitedHealth Group enters top employer list.
Major healthcare corporationUnitedHealth Group entered the nationwide Top Hiring Companies list at position5 in April. While UnitedHealth has nearly 9,000 job openings across the country,more than 2,000 of those openings are located in Minnesota, where the company isheadquartered.
Employment Impact: Rising Oil Prices
Marked decline in travel hiring.
Hiring in the travel industry decreased -15.6% inApril, nearly two months after crude oil prices surpassed $100/barrel. This sharpdecline in hiring so close to popular travel months is likely an attempt by airlines andother oil-reliant travel businesses to buffer the unavoidably high cost of oil.