Hartford, Baltimore, Los Angeles and Boston Show Employment Gains in August, Reports New CareerCast.com/JobSerf Employment Index

Share Article

Hiring activity in Hartford was up 8% in August, while Baltimore saw a gain of 7%, followed by 6% gains in Los Angeles and Boston.

Managerial recruitment activity rose 11.1 points in August, rebounding after a downturn in hiring last month, according to the new CareerCast.com/JobSerf Employment Index. The Index, which measures managerial hiring activity online, has gained positive momentum and is 33 points higher than it was in August 2009.

While August is typically a slow hiring month with many executives taking summer vacation, overall the job market is fairly strong. Hiring activity in Hartford was up 8% in August, while Baltimore saw a gain of 7%, followed by 6% gains in Los Angeles and Boston.

“The Index is showing signs of coming to life prior to the national elections, with Hartford and Baltimore leading the way,” says Jay Martin, COO, JobSerf. "The slowest cities only had per capita hiring levels drop 1 or 2 points, showing an overall strength of the job market throughout the summer.”

In contrast to 2008’s steady slide, 2012 hiring has crept back above pre-recession standards. "The nation has flirted with an improved hiring market repeatedly this year, and each time we take two steps forward, we seem to then take a step back," says Tony Lee, publisher of CareerCast.com. "Hopefully, we're moving to a new level of activity that will sustain for a while."

The Nutmeg State’s largest city shows growth after increased unemployment claims in May and June. The BLS projected Hartford’s unemployment rate at 8.5 in June, near its January 2012 mark, but considerably higher than its 7.4 rate in April. Connecticut Gov. Dannel P. Malloy announced the expansion of accounting firm Deloitte and Touche at the beginning of the month, anticipating 500 new positions in addition to their more than 1,100 employees already in the state. That news came just weeks after a $19 million state loan was granted for the creation of 400 jobs in steel manufacturing.

Those regions that dipped in August only did so marginally, such as Cleveland, Memphis, Tampa and Milwaukee. Their slight drop-offs contributed to overall slides in the Southeast and Midwest. The most notable decline this month was in Cleveland, which dropped three percent. The city is 16% below its Nov. 2010 peak.

"The slowest cities only had per capita hiring levels drop 1 or 2 points, showing an overall strength of the job market throughout the summer,” Martin says.

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

1.    Washington, D.C. – 170
2.    Boston – 159
3.    San Francisco – 123
4.    Seattle – 113
5.    Baltimore - 102
6.    Chicago – 100
7.    Atlanta - 96
8.    Denver – 88
9.    Dallas - 85
10.    Nashville - 85
11.    New York City – 84
12.    Philadelphia – 79
13.    Houston – 78
14.    Hartford – 70
15.    Pittsburgh - 70
16.    San Diego - 68
17.    Indianapolis – 67
18.    Louisville - 66
19.    Minneapolis – 65
20.    Cleveland - 64
21.    Phoenix - 61
22.    Cincinnati—60
23.    St. Louis – 60
24.    Milwaukee – 59
25.    Los Angeles – 55
26.    Tampa– 53
27.    Miami – 52
28.    Detroit – 50
29.    Memphis - 47
30.    Riverside – 27

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 http://www.careercast.com/career-guidance/employment-trends.

About JobSerf
JobSerf, Inc. (http://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 http://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 (http://www.jobsrated.com), where 200 jobs across North America are ranked based on detailed analysis of specific careers factors.

###

Editor’s Note: If you mention the Index, please include a link to http://www.careercast.com/career-guidance/employment-trends. Historical hiring data is available upon request.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Beth Brody
Follow us on
Visit website