Simply Hired Releases September 2011 U.S. Employment Outlook
Nationwide Hiring Remains Steady
Mountain View, Calif. – September 1, 2011 – SimplyHired.com®, the world’s largest job search engine, today released its September 2011 U.S. Employment Outlook highlighting national and local market outlooks, as well as industry and employer trends.
Nationwide hiring remains steady.
Nationwide job openings increased for the second consecutive month, up 4.5 percent month-over-month and 16.5 percent year-over-year. Openings were previously up 6.5 percent month-over-month and 17.0 percent year-over-year.
“As expected, job openings continue to remain positive and stable this month due to the start of the fall season,” said Gautam Godhwani, CEO of SimplyHired.com. “We anticipate modest continued job growth through the end of the year from seasonal hiring.”
All major metro areas see positive growth.
All 50 major metros experienced job growth again in August. Twenty-four of 50 metro areas posted growth of more than 5.0 percent, with the most substantial increase in Louisville (14.3 percent). Following an increase last month, New York saw a year-over-year decline of -0.6 percent, the only major metro area to see a decline in job openings in August.
Most industries experience increases in hiring.
Thirteen industries had increases in job openings in August, including agriculture, which was back up 17.9 percent after last month’s low of -6.1 percent. Only five industries saw decreases this month, including travel (-2.0 percent), legal (-1.9 percent), military (-1.9 percent), real estate (-1.3 percent) and non-profit (-1.0 percent).
Healthcare companies are hiring, albeit slowly.
Healthcare companies continued to be top hirers this month, comprising 55 of the 125 hiring organizations. Nineteen of those saw minor decreases in month-over-month hiring; however, such decreases are not likely cause for the concern, as the healthcare industry is typically stable in hiring.
With over eight million job listings, Simply Hired (www.SimplyHired.com) is the world’s largest job search engine -- 25 times the size of the biggest job board. Servicing 16 million monthly users across 24 countries, the company powers jobs on over 10,000 network partner sites, including LinkedIn, CNNMoney, The Washington Post and BusinessWeek. Reaching passive as well as active candidates, the SimplyHired.com network delivers millions of targeted job applicants and boasts one of the lowest cost-per-hire rates in the industry. The company is based in Mountain View, California and is funded by Foundation Capital and IDG Ventures.