CareerCast.com/JobSerf Employment Index: Hiring Rebound Continues
Tampa, Atlanta and Nashville Show Greatest Gains in Managerial Hiring
CARLSBAD, Calif. and RICHARDSON, Texas, April 29 /PRNewswire/ -- The CareerCast.com/JobSerf Employment Index rose to 92.3 in April, the third month in a row that the Index showed an improving job market. The last time the Index, which measures managerial hiring activity online, was higher was in August 2008, prior to the current recession.
"These levels are a strong signal that job activity has rebounded and recent improvements were not a temporary spike due to a backlog in hiring," says Jay Martin, COO, JobSerf.
"Although there is still a certain amount of economic uncertainty, it seems as though the worst is over," says Tony Lee, publisher, CareerCast.com. "When the economy does finally turn around, there should be a surge in jobs at all levels as companies look to rebuild their organizations."
All areas of the country improved in April, except for a slight decline in the Southwest (down 2.6 to 94.9). Tampa had the most managerial hiring growth in (+19%), followed by Atlanta (+16%), and Nashville (+15%), Rising 13% were Hartford, Louisville, and Riverside, Calif., which even with a double-digit increase still remains the city with the least recruitment activity. Only two cities showed no improvement this month -- Cleveland and Detroit.
The five best cities to find a job include Washington, D.C. (162), Boston (123), San Francisco (98), Seattle (84) and Atlanta (80), while the worst cities to find a job include Riverside (17), Detroit (27), Memphis (29), Louisville (36) and Tampa (38, despite significant gains in April). These values represent jobs per capita.
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 www.careercast.com/jobs/careerNews/HiringTrends.
SOURCE CareerCast.com
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