May 2010 hiring trends show positive growth
Growth by Metro Area – Indeed.com:
Indeed.com publishes a monthly report of where the jobs are, giving insights into which job market is strongest and which is weakest. Indeed’s job market survey shows slightly stronger job advertising activity, demonstrating slow growth.
Indeed’s June 2010 (based on May results) survey of job advertisements show the job market is strongest in Washington DC, San Jose CA, Baltimore MD and NYC NY. Washington has been at the top of the list for a while, as Federal government spending has been high – San Jose shared the top spot with DC since April 2010. However, Baltimore and NYC improved in June to join DC and San Jose with a 1:1 ratio of unemployed per job advertisements. The top 10 job markets are geographically spread throughout the US (with the exception of the Southeast US). Hartford CT, Oklahoma City OK, Salt Lake City UT, Seattle WA, Boston MA, Milwaukee WI, Denver CO, Austin TX, San Antonio TX, San Fransisco CA, and (believe it or not) Cleveland OH are all at 1:2 ratio of unemployed to job advertisements.
At the opposite end of the spectrum is Los Vegas NV (#48, 1:6), Detroit MI (#49, 1:7) and Miami FL (#50, 1:8). Florida has the unfortunate distinction of having 4 of the worst 10 job markets – Tampa (#40, 1:5), Jacksonville (#42, 1:4), Orlando (#43, 1:5), and Miami (#50, 1:8). California has 3 of the worst 10 job markets – Sacramento (#45, 1:5), Riverside (#46, 1:5), and Los Angeles (#47, 1:6).
However, these ratios continue to improve month over month through 2010 – even in the hardest hit markets. This indicates that there is still job growth, but it’s also growing at a very slow pace.
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