Simply Hired Shares the Future of Job Growth: Industries and Metro Areas Leading the Way
Transportation, Manufacturing and Retail on the Rise
Mountain View, Calif. – August 18, 2010 – Simply Hired®, the leading search engine for jobs and recruitment advertising network, today released its latest job trend data highlighting metropolitan area and sector job growth. Simply Hired CEO and co-founder Gautam Godhwani and Trulia CEO Pete Flint today discussed current job and home ownership trends and their correlation. Listen to the podcast to hear the full conversation.
“Simply Hired indexes real time data and tracks job openings before they are filled, serving as a leading indicator for job trends," said Gautam Godhwani, CEO and co-founder of Simply Hired. “Through this data, we have insight into the performance of industries and metro areas across the United States, and by comparing this information against Trulia’s findings we see the correlation between job growth and home ownership."
Many Industries Seeing Uptick in Hiring
Sectors that see significant movement in the number of job openings include:
• Transportation up 86 percent
• Manufacturing up 45 percent
• Retail up 36 percent
• Healthcare remains strong at six percent
• Education remains strong at five percent
• Construction down 16 percent
• Real estate down 19 percent
Strong Job Growth Correlates with Real Estate Search Activity
Cities with the largest increases in year-over-year search activity on Trulia.com generally see growth in the number of job openings above 25 percent:
• Tulsa, OK job growth up 46 percent
• Louisville, KY job growth up 40 percent
• Kansas City, MO job growth up 37 percent
• Rochester, NY job growth up 26 percent
Similarly, cities with the largest decreases in year-over-year search activity on Trulia.com usually have job growth of under 15 percent:
• Los Angeles, CA job growth up 15 percent
• Wichita, KS job growth up nine percent
• Fresno, CA job growth down four percent
For more information about Simply Hired’s monthly trend reports, contact SimplyHired@schwartzcomm.com or view reports on Simply Hired’s blog: http://blog.simplyhired.com/trends/. For more detail on home ownership trends, please refer to Trulia’s press release.
About Simply Hired
With more than seven million job listings worldwide, Simply Hired (www.SimplyHired.com) is the world’s largest job search engine and recruitment advertising network. The company powers jobs on over 10,000 network partner sites, and operates global sites in 21 countries and ten languages on six continents. Simply Hired has raised $22.3 million in funding from venture and individual investors including Foundation Capital, IDG Ventures and News Corporation. The company is privately held and is based in Mountain View, California.