Managerial recruitment activity stabilized this month, falling just 0.1 points in October, according to the new CareerCast.com/JobSerf Employment Index. The October 2010 Index, which measures managerial hiring activity online, stands at 99.5, a gain of 31.7 points since October 2009.
“We are glad to see that the Index has been nearing 100 for several months in a row,” says Tony Lee, publisher, CareerCast.com. “Although we have not seen phenomenal growth month over month, 2010 has been a dramatic improvement over last year’s dismal hiring outlook.”
Denver led the way with the greatest growth in hiring this month (+18%), followed by Seattle (+14%), and Phoenix (+11%). Atlanta, Louisville, and Milwaukee weren’t far behind, with 10% growth in managerial hiring in October 2010. Chicago was the hardest hit this month, showing a drop of 11%. Hartford, which saw a slight gain in September, lost ground in October (-10%).
“Although many cities either saw a noticeable rise or a fall in managerial hiring this month, overall the United States remained about the same,” says Jay Martin, COO, JobSerf. “The Northeast continues to be the best place to find a job. This is by far this strongest region of the country and it has risen 33.7 points since October 2008.”
The CareerCast.com/JobSerf Employment Index per capital hiring levels for U.S. cities in October are:
- 1. Washington, DC - 178
- 2. Boston -142
- 3. San Francisco - 118
- 4. Seattle - 106
- 5. Baltimore - 94
- 6. Atlanta - 88
- 7. New York City - 81
- 8. Chicago - 80
- 9. Denver - 78
- 10. Dallas - 67
- 11. Philadelphia - 67
- 12. Houston - 65
- 13. Cleveland - 65
- 14. Milwaukee - 65
- 15. Minneapolis - 62
- 16. Pittsburgh - 60
- 17. Nashville - 59
- 18. San Diego - 57
- 19. Hartford - 56
- 20. Los Angeles - 51
- 21. Phoenix - 51
- 22. Indianapolis - 50
- 23. St. Louis - 49
- 24. Miami - 48
- 25. Cincinnati - 48
- 26. Louisville - 45
- 27. Tampa - 43
- 28. Detroit - 36
- 29. Memphis - 33
- 30. Riverside - 18
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 www.careercast.com/jobs/careerNews/HiringTrends
