CareerCast Employment Index Improves – November 2009


Although there was a slight increase (+5.9 points) in the November 2009 CareerCast.com/JobSerf Employment Index, job seekers might be in for a long wait until hiring improves enough for unemployment to drop back into the single digits.

Released today, The CareerCast.com/JobSerf Employment Index, which measures U.S. managerial recruitment activity, found that the number of online job postings in November 2009 rose to 73.7, which is 3.4 points below the level of last November, but slightly higher than the Index last month (67.8).

Some parts of the country are faring better than others during the current job shortage, with Washington D.C. having the greatest hiring activity (135 points) per capita as compared to Riverside (13). This month shows San Francisco (70) having twice as many jobs per capita as Los Angeles (35). Atlanta (+14 to 62), Pittsburgh (+14 to 57) and Boston (+14 to 107) showed the most growth since last month.

While all regions experienced gains in November, the Northeast was the only region of the country to show a slight gain from 2008. And while Chicago had the biggest drop (-3), both major Florida metro areas — Miami (28) and Tampa (27) — are lower than almost all other metropolitan areas in the United States.

Although there was a slight increase (+5.9 points) in the November 2009 CareerCast.com/JobSerf Employment Index, job seekers might be in for a long wait until hiring improves enough for unemployment to drop back into the single digits.

Some parts of the country are faring better than others during the current job shortage, with Washington D.C. having the greatest hiring activity (135 points) per capita as compared to Riverside (13). This month shows San Francisco (70) having twice as many jobs per capita as Los Angeles (35). Atlanta (+14 to 62), Pittsburgh (+14 to 57) and Boston (+14 to 107) showed the most growth since last month.

While all regions experienced gains in November, the Northeast was the only region of the country to show a slight gain from 2008. And while Chicago had the biggest drop (-3), both major Florida metro areas — Miami (28) and Tampa (27) — are lower than almost all other metropolitan areas in the United States.

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