Wednesday, August 11, 2010

July 2010 Employment Trends Ends Flat











At the end of July 2010, the major job sites released hiring data and analysis for the month, indicating flat results as compared to June. Today's article summarizes job reports from Indeed.com, SimplyHired.com and CareerBuilder.com.


Not only is this data valuable for job seekers, but for business analysts, corporate strategists, marketers, salespeople, investment analysts, financial advisers, and others who are interested in companies experiencing growth.

July’s unemployment rate of 9.5% remained consistent from June, but still registered an overall loss of 131K non-farm payroll jobs - this was largely due to the wind down of temporary census jobs. The private sector added 71K jobs. While this was a jump from June’s numbers, private sector job additions still came up short from economic forecasts. July continued the trend one of slow job growth and demonstrating continuing signs of a slow recovery.

( Continued ... Growth by Function )

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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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