Press Release

Simply Hired Releases January 2012 U.S. Employment Outlook

2011 ends with double-digit job increase year-over-year

Sunnyvale, Calif. – January 5, 2012 – SimplyHired.com®, the world’s largest job search engine, today released its January 2012 Employment Outlook highlighting national and local market outlooks, as well as industry and employer trends. According to the report, nationwide job openings fell slightly in December – down 1.9 percent month-over-month. However, December is a notoriously slow month for hiring, and job growth remained up 10.6 percent year-over-year when compared to 2010.

“Historically, we’ve seen job opening declines as high as eight percent in the month of December,” said Gautam Godhwani, CEO of SimplyHired.com. “That this year’s decrease was just below two percent indicates that the hiring market is healthy, and should get off to a good start in January.”

Other notable findings include:

Hiring increases in six metro areas.
Despite the overall slowdown in hiring, six of the top 50 metro areas experienced increases in job openings in the last month of the year. Raleigh & Durham posted the greatest increase, up 2.7 percent, followed by Birmingham, Ala., Norfolk & Newport News, Va., Louisville, Ky., Sacramento, Calif. and Oklahoma City, Okla.

Continued need for transportation workers.
The transportation industry continued to enjoy a seasonal boost in the last month of the year due to the increased demand for package transport. Job openings for the industry as a whole grew 11.7 percent month-over-month, while openings for drivers, pilots and transportation workers were up 11.1 percent.

Select industries increase hiring.
In addition to the seasonally-boosted transportation industry, nine other industries experienced job growth in December. The legal industry had by far the largest growth (121.9 percent), followed by non-profit, agriculture, military, government, automotive, healthcare, education and technology.

About SimplyHired.com
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 17 million monthly users across 24 countries, SimplyHired.com powers jobs on more than 25,000 network partner sites, including LinkedIn, CNNMoney, Washington Post and Bloomberg 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 Sunnyvale, California and is funded by Foundation Capital and IDG Ventures.