CARLSBAD, CA/RICHARDSON, TX (July 26, 2011) – Managerial recruitment activity continued to slide for the third month in a row, with a loss of 2.1 points in July, according to the new CareerCast.com/JobSerf Employment Index. The July 2011 Index, which measures managerial hiring activity online, is 8.7 points lower than it was in July 2010, a sign that the job recovery has still not taken hold.

 

“We are not seeing an improvement in hiring during the summer months, which is typical for this time of year,” says Tony Lee, publisher, CareerCast.com. “Although summertime may be the slowest for new opportunities, job seekers should not discontinue their search for employment since there may be less competition as some take the summer off from the job hunt.”

 

Los Angeles, which saw a gain of 13% in managerial hiring in June, was the biggest loser this month with a 15% decline in hiring activity. Miami, another big winner in June (+10%), saw an 11% hiring decrease in July. Louisville, which dropped 12% in June, fell another 8% in July.

 

On the bright side, five cities saw double digit gains this month, including Detroit (+14%), Seattle (+12%), Boston (+11%), Minneapolis (+10%) and Baltimore (+10%).  

 

“The downward trend in hiring over the past three months is a reflection of our stagnant economy,” says Jay Martin, COO, JobSerf. “Once companies begin growing their businesses, we should see an upward tick in the employment picture.”

 

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

 

1.    Washington, DC – 162

2.    Boston – 146

3.    San Francisco - 115

4.    Seattle - 115

5.    Atlanta – 92

6.    Baltimore - 89

7.    Chicago – 86

8.    Denver - 79

9.    New York City – 77

10. Nashville – 76

11. Philadelphia – 70

12. Dallas - 69

13. Cleveland – 68

14. Hartford – 67

15. Minneapolis – 65

16. Houston – 63

17. Milwaukee – 62

18. San Diego – 59

19. Indianapolis – 59

20. Pittsburgh – 59

21. Cincinnati – 55

22. Louisville - 55

23. St. Louis – 53

24. Phoenix – 52

25. Los Angeles – 50

26. Miami - 49

27. Tampa – 47

28. Detroit - 42

29. Memphis– 39

30. Riverside – 23

 

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.

 

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

 

Media Contact:
Beth Brody, Brody PR

609-397-3737

beth@brodypr.com