Job postings reach 2011 high
April Industry Employment Trends mark the highest job posting levels thus far in 2011 for 10 of the 13 industries we track. Job postings for financial services & banking and media reached their highest levels for 2011 in February. Job postings for real estate were highest in January.
Strong quarterly job posting growth
With 25% quarterly growth, job postings for transportation have increased faster than any other industry this year. As a cyclical industry, the sustained upward trend in employer demand for transportation is a positive sign for the rest of the job market.
Having nearly twice as many job postings as any other industry, 21% quarterly job posting growth in healthcare is remarkable. Medical assistant, pharmacy technician, and phlebotomist job postings received the most job seeker clicks in April.
Human resources, the newest industry employment trend, had 11% quarterly job posting growth.
Real estate was the only industry to show a negative change in job postings over the quarter at -17%.
April 2011 Industry Employment Trends
Industry Job Postings Quarter Change Accounting 161,676 7% Construction 125,245 13% Education
122,857 11% Financial Services and Banking 265,874 1% Healthcare 828,669 21% Hospitality 108,223 12% Human Resources
64,126 11% Information Technology
400,192 10% Manufacturing
140,206 21% Media 49,921 5% Real Estate 27,432 -17% Retail
416,290 16% Transportation
Our recently updated Job Market Competition report provides an additional indicator for an improving job market.
15 metro areas currently have a ratio of 1 job posting per unemployed person. At the start of the year, only nine cities had a 1:1 ratio.
Miami, Riverside, and Los Angeles currently have the most competition for jobs with 1 job posting for every four unemployed persons. At the start of the year 6 metro-areas had ratios of 1:4 or greater, and Miami had the most competition for jobs with 1:6 ratio.
Be sure to check back each month for updated Job Market Competition and Industry Employment Trends reports – leading indicators for the job market in 2011.