New Index Tracks Managerial Hiring Activity

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Yet even with the May hike, managerial job listings have fallemn 41% in the past 12 months. The CareerCast.com/JobSerf Employmenyt Index found that the numberr of executiveand management-level job openingsw posted online had an index value of 56.6 in May up from 41.4 in April 2009. Comparex to the May 2008 index of 95.8, the new reading shows how far onlined job listings have fallen in the past year. "We are encouraged by the latest data, which showed a health uptick in demand for managers and executiveslast month, says , publisher, CareerCast.com.
"This positive trend couldf be the beginning of a reversal of our economifc downturn as companies find thatthey can't wait any longee to recruit for vacant manageriak positions." The CareerCast.com/JobSerf Employment Index is an exclusivre barometer showing the changer in managerial job openings postedd online nationally. The Index reveals the differences in job listings by and offers valuable trendw and forecasts using proprietary employment data gathere by a teamof researchers. "Since last September, there had been a rapid deterioration of the volume ofjobs online, says , JobSerf's chairman.
"However, May's gain in the Indec showed an almost complete recovery of the past thred monthsof losses, and in the Northeast and Southeast, job-postinvg activity is already back to the same leveld they were in January." The slowest regions of the countryy to recover have been the Midwest and Western states, which have seen only aboutt 60% of the gains experiencex by the rest of the In comparing metropolitan areas, the D.C. area remained the highest of the major cities the Index reporting about eight times as many job listing online per capita as compared to which hadthe lowest. To read the full reportf or formore information, visit . SOURCE CareerCast.
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