[Adicio] 10% Loss in U.S. Hiring, Riverside, Houston & Nashville Show Gains

01-Jun-2011 | News-Press Release

Managerial recruitment activity, which has been trending upward for the last four months, lost ground in May with a decline of 10.1 points over April 2011, according to the new CareerCast.com/JobSerf Employment Index. Even with the loss, the May 2011 Index, which measures managerial hiring activity online, is still 11.5 points higher than a year ago. The May Index is also 43.9 points higher than it was in May 2009.


“The decrease in hiring this month is a slight setback in the recovery we have been seeing throughout 2011,” says Tony Lee, publisher, CareerCast.com.  “We are optimistic that managerial hiring will continue climbing and will rise above pre-recession levels.”


Riverside, which is ranked at the bottom of the Index for managerial hiring, had a gain of 9% over last month. The other cities that showed an increase in hiring were Nashville (+4%) and Houston (+2%). Atlanta has the biggest loss of jobs this month (-9%), followed by Hartford (-8%) and Detroit (-7%).


The sharpest decline this month was for C-level executives, who experienced a 27-point drop in hiring over last month.


“While Manager-level jobs remain strong, the weakness in the demand for C-level jobs could be due to a slowdown in hiring over the summer months,” says Jay Martin, COO, JobSerf.  “Businesses will need more senior executives to lead them out of the recession, which should result in increased hiring once the economy heats back up.”


The CareerCast.com/JobSerf Employment Index per capita hiring levels for U.S. cities in May are:


1.    Washington, DC – 173

2.    Boston – 142

3.    Seattle - 121

4.    San Francisco – 120

5.    Atlanta – 91

6.    Chicago - 90

7.    Baltimore – 86

8.    New York City – 83

9.    Denver – 81


10. Nashville - 76

11. Dallas – 75

12. Cleveland – 73

13. Philadelphia – 72

14. Louisville – 68

15. Hartford – 65

16. Houston – 64

17. San Diego - 64

18. Milwaukee – 63

19. Indianapolis – 62

20. Minneapolis - 61

21. Pittsburgh – 60

22. Cincinnati – 56

23. Phoenix – 53

24. St. Louis - 53

25. Los Angeles – 52

26. –Miami - 50

27. Tampa - 48

28. Detroit - 42

29. Memphis– 40

30. Riverside – 25


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/career-guidance/employment-trends.


About JobSerf
JobSerf, Inc. (www.jobserf.com) is a privately held Texas-based corporation that pioneered the job search outsourcing (JSO) industry with its revolutionary ‘Find & Apply’ service.   The company’s patent-pending process provides for an affordable means to both ‘find & apply’ for jobs on behalf of clients.  For more information, visit the website at www.jobserf.com.


About CareerCast.com

CareerCast.com, created by Adicio, is a job search portal that offers extensive local, niche and national job listings from across North America, job-hunting, career-management and HR-focused editorial content, videos and blogs, and provides recruiters with the ability to post jobs directly to more than 800 niche career sites. CareerCast.com also compiles the Jobs Rated Report (www.jobsrated.com), where 200 jobs across North America are ranked based on detailed analysis of specific careers factors.




Editor’s Note: Historical hiring data is available upon request.


Media Contact:
Beth Brody, Brody PR




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