Just wanted to pass along some information we've collected in the northeast. Based on our tracking results, I'm hopeful that the labor market bottomed out this past June. Our websites hosted more than 10,000 job postings in the northeast of the US last month, up from around 7,800 in June, and what's really interesting is that we saw some of the largest increases in Food Service and Hospitality, which are normally on the decline in August. Other growth sectors included Manufacturing, Education, Warehouse, and Retail. Healthcare also showed a resurgence. The best news, though, is that the fastest growth area has also been in full time and salary type job openings. We're hoping we won't slip back too far, and that when the history books are written, June will be viewed as the bottoming out of the labor market for this recession.

Anyone else seeing those trends?


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