Cleveland Shows Most Job Growth Among Top Metro Areas

Cleveland Shows Most Job Growth Among Top Metro Areas, Reports New CareerCast.com/JobSerf Employment Index
Weak Hiring Continues Nationwide

The CareerCast.com/JobSerf Employment Index, which measures U.S. managerial recruitment activity, found that the number of online job postings in October fell to 67.8, down slightly from the September value of 68.4. The October 2009 Index is down 5.6 points from a year ago.

ìWeak hiring in September and October, which historically are strong months for job growth, indicates continued weakness in white-collar demand,î says Tony Lee, publisher, CareerCast.com. ìManagerial job seekers will have to search smarter and harder to improve their job prospects as we head into the holiday season, a traditionally slower hiring period for executives.î

The October Index found that the top five metro areas (D.C., Boston, San Francisco, Seattle and Baltimore) averaged more than four times as many jobs per capita as the bottom five (Riverside, Detroit, Memphis, Miami and Tampa). Cleveland showed the most job growth, rising 5 places in the rankings from September to October, while Minneapolis had the largest drop (-4).

The Northeast was the only region of the country to show a slight gain in October, while the Midwest showed the greatest loss in job postings (-3 points). Florida, Arizona, Michigan, and Southern California continue to struggle.

ìA larger supply of jobs in one part of the country does not help relieve the shortfall in the rest,î says Jay Martin, JobSerfís chairman. ìUntil the employment situation improves, job seekers in areas with a shortage of jobs can consider relocation, accepting a lower salary, or try to transition their skills into areas that are hiring, such as healthcare, government and technology.î

Hiring for C-Level and Managerial jobs showed very minor decreases, while slight increases were found for VP-Level and Director-Level positions.

The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing the change in managerial job openings posted online nationally. The Index reveals the differences in job listings by month, and offers valuable trends and forecasts using proprietary employment data hand-gathered by a team of researchers.

To read the full report or for more information, visit www.CareerCast.com