eQuest Releases Employment Index Results for December, 2011

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United States ends year on continued upward trend while UK has another slight decline. Both indexes show significant increases over January 2011 values.

eQuest today announced its employment findings for December, 2011 as published in its Employment Index, which can be viewed in its entirety at:

http://www.equest.com/news/employment-index-us/

http://www.equest.com/news/employment-index-uk/

The United States eQuest Employment Index showed continued positive movement in the recruitment space moving forward to 102.97 from 102.44. For the calendar year of 2012 this represents an overall move upwards of over 4 points from 98.63. The December gain was achieved with continued strong hiring in the retail industry and additional seasonal hiring. Applicant traffic was constant in December revealing no significant growth in candidate flow therefore the rise in the index was from the increase in job postings.

Outside of the retail industry the number of new job requisitions continued to be spread across a wide span of industries in the US demonstrating continued consistency of minimal but steady growth. The Healthcare industry again showed the strong growth in both regions through the month with a significant increase in overall job postings. Production and manufacturing-based industries continue to occupy the bottom of the Employment Index driven by a continued lack of a significant number of new positions being added to the marketplace. Geographically, states with the highest hiring demand in December were Idaho, New Mexico and Arizona while Missouri, Mississippi and Alabama showed the lowest demand indices.

The United Kingdom was again moved downward by an increase in applicants larger than the uptick in new positions. The result was another small decline in the in the UK Index from 98.38 to 98.06. For the year the UK market has moved up slightly less than 3 points, starting the year at 95.22, which is slightly disappointing as the region hit an index high of 98.92 in September. Index values continue to vary widely in the UK ranging from 116.52 at the top and 79.45 at the low end. Eden, East Devon and Ryedale again posted the highest overall demand values while Nottingham, Kingston upon Hull and Liverpool continued their year long position at the bottom of the regional list for candidate demand.

About the eQuest Employment Index
The eQuest Employment Index shows the spending patterns of the Fortune 500 as measured by job posting activity month over month. The index derives its findings from algorithms based on the supply and demand of open positions posted to the internet relative to the number of responding candidates. A target index of 100 reflects relative balance in the number of applicants vying for each open position posted. The data to create the index is derived from thousands of monthly job posting transactions. Reporting includes analysis by geography and industry segment, using the US government’s Standard Occupational Codes (SOC) in major metropolitan areas, states and over 950 job classifications.

About eQuest
eQuest provides domestic and international job posting delivery, job board management and employment marketing services. With its global reach, eQuest posts jobs to any posting destination in the world, reaching over 180 countries and territories and thousands of job posting destinations worldwide. eQuest also provides comprehensive candidate source tracking analysis for evaluating job board performance. eQuest is one of the most recognized and admired brands in the human resource industry.

http://www.equest.com

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May Ton
eQuest
(925) 275-8181
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