Real estate job postings slump
Job postings continued to climb in May; the industries tracked by Indeed’s Industry Employment Trends increased by a combined average of 4% since April.
Job postings increased over the month in all but one industry, real estate. Job postings in this underperforming industry declined 3% since April, 16% over the last quarter, and 11% in the last year.
Despite recent declines in real estate, construction job postings increased 5% in May – the industry’s fourth consecutive month-over-month gain. The most popular keywords used to search for jobs in the construction industry last month were construction, welder, and electrician.
Job seeker clicks – a measure of labor interest – on construction jobs reached 5,826,5126 in May. This represents a 21% increase in clicks compared to a year ago and a 2% increase over the prior month. The three job titles that received the most job seeker clicks were project manager, project coordinator, and laborer.
Quarterly growth
Transportation and manufacturing had the largest percentage increase in job postings over the prior quarter at 33% and 20% respectively.
Hospitality job postings increased 15% quarter-over-quarter as the industry entered the summer travel season. Summer job trends and search ideas are highlighted in our recent summer job search post.
May 2011 Industry Employment Trends
Industry Job Postings Quarterly Change Transportation 154,748 33% Manufacturing 149,270 20% Healthcare
862,890 16% Hospitality 114,958 15% Retail 431,614 11% Construction 131,847 10% Education
128,812 8% Information Technology
416,702 6% Human Resources
66,482 6% Accounting 168,203 5% Media 52,781 5% Financial Services and Banking
268,274 -1% Real Estate
26,590 -16%
| 862,890 |
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.