US Online Job Market down 1.8% in September.

On job market display in September was the aftermath of much negative news from August. Despite feel-good-announcements like the one from Federated Department Stores, employers posted fewer job openings. Demand dropped 1.8% in September compared to August leaving little hope for improvements before the end of the year.

 

United States Job Openings (Online Postings)

January 2007 - September 2011

 

While the monthly chart (above) only shows a subtle change, the weekly chart (below) provides more information. While in August employers seemed more confident about their labor needs, they took a more cautious approach in September. It appears that the job market had a false start heading into fall when labor demand usually picks up.

 

United States Job Openings (Online Postings)

Weekly, 2010 - 2011

 

Note: A weekly update on the United States Job Openings (Online Postings) is available on the SkillPROOF blog every Tuesday.

 

Legend for week-over-week change of labor demand:

flat 0%
slow 0.1% - 0.5%
moderate 0.6% - 1.5%
fast > 1.5%

 

Methodology: SkillPROOF surveys the inventories of job openings at direct employers. Job openings are counted and verified every 24 hours. All data sources have been verified for timely removal of filled or closed positions. No data from job boards or search firms is included.


For this report SkillPROOF estimates the counts of job openings. Estimates are calculated directly from SkillPROOF's actual daily counts of job openings. As part of its calculations, SkillPROOF uses data and findings from reports of the Bureau of Labor Statistics (BLS) (http://www.bls.gov).

 

 

 

Views: 180

Comment by Henning Seip on October 5, 2011 at 9:01am

ADP released their National Employment Report today: "Employment in the U.S. nonfarm private business sector increased by 91,000 from August to September on a seasonally adjusted basis..." Full report: http://www.adpemploymentreport.com/pdf/FINAL_Report_September_11.pdf

Comment by Henning Seip on October 7, 2011 at 8:36am
Nonfarm payroll employment edged up by 103,000 in September, and the unemployment rate held at 9.1 percent. The increase in employment partially reflected the return to payrolls of about 45,000 telecommunications workers who had been on strike in August. http://www.bls.gov
Comment by Henning Seip on October 11, 2011 at 12:21pm

Update: US Online Job Market, October Week 1: Down 1.1%. Online labor demand in line with Q4/2011 job market outlook of SHRM and Careerbuilder. More: http://www.skillproof.com/?p=1844

Comment by Henning Seip on October 18, 2011 at 8:16am

Update: US Online Job Market, October Week 2: Down 1.2%. More: http://www.skillproof.com/?p=1867

Comment by Henning Seip on October 25, 2011 at 10:12am

Update: US Online Job Market, October Week 3: Down 1.1%. More: 
http://www.skillproof.com/?p=1878

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