Saturday, August 11, 2007

July 2010 Employment Trends Ends Flat - Page 2

The good news behind this is private sector jobs increased 630K year to date, led by the health care industry that added 231K employees and manufacturing’s addition of 183K workers through the year.

Job growth still was inconsistent, effecting some cities, industries and job functions more than others. Some job markets remain in the dumper - Miami and Detroit held flat, while Las Vegas job markets declined - all three are still in deep trouble with up to a 1:8 (Las Vegas was 1:7) ratio of unemployed workers to job advertisements.

Growth by Function:

Indeed tracks employment trends by industry each month. Indeed's July 2010 trend by industry survey shows growth in all fields, except health care. While health care is down 2% compared to July 2009, there were over twice the number of health care openings (691K) than retail (337K) the next closest industry. The greatest changes were in transportation (a gigantic 103%), manufacturing (44%), hospitality (34%) and media/newspaper (40%).

Chart source: Blog

( Continued ... Growth by Metro Area )

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Related Articles:
June 2010 Employment Trends Show Mixed Results
May 2010 Hiring Trends Show Continued Slow Improvement

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