The August jobs report from BLS arrived with a thud. Not just to the chances for the President’s reelection chances, but to many who are still struggling.
Wanted Analytics brings us the data as to where hiring was taking place by region and sector:
Last week’s Employment Situation Summary from the BLS was received with mixed emotions. The number of new jobs declined from July, with 93,000 added to the economy. However, unemployment dropped from 8.3% to 8.1% and many attribute this to people dropping out of the job search. So, we thought it would be a good time to review where the hiring really was; what jobs were most in-demand last month, where they were located, and what industries are recruiting the most workers.
Overall, there were just over 5.1 million job ads seen online during August – up slightly from 5 million in July. This is also a 14.5% increase in the number of postings compared to August of last year. Approximately 85% of job listings were posted by employers (about 4.4 million job ads). Staffing firms and recruiting agencies posted about 15% of the job openings.
Below are the 10 metropolitan areas that had the most job ads online during August, all of which experienced year-over-year increases in the number of ads. Again, New York had the highest hiring demand with 296,000 available online postings (up from 284,000 in July 2012). Los Angeles, Washington (DC), Chicago, and Boston rounded out the top 5 cities. However, Houston again saw the greatest growth compared to August of 2011, growing hiring demand by 35%. Interestingly, Texas also had the city with the second highest year-over-year growth, Dallas, which increased demand by about 27%.
10 Metropolitan Areas with the Most Available Job Ads during August 2012
The following chart shows the 10 occupations with the highest number of online job listings during August. Registered Nurses maintain their position as as the most in-demand job, with about 246,000 postings and a 13% year-over-year growth. However, Food Preparation Workers saw the highest year-over-year growth. In the BLS report, Food and Drink Establishments had the greatest job gains last month, so it’s not surprising to see this occupation listed below. Also not much of a surprise is the high demand for technology jobs, with 4 of the below being computer related.
10 Most Demanded Occupations in the US during August 2012
Since Registered Nurses were the most in-demand occupation during August, we see 2 healthcare related industries with high ad volumes: General Medical & Surgical Hospitals and Offices of Physicians. Also, in a sign that schools are probably finishing up their staffing for the school year, Educational organizations appear on this list again. In addition, Office Supply & Stationary Stores saw high job growth. Interestingly, hotels are the only sector to decline in the top 10 industries, a sign that summer vacations are coming to an end.
10 Industries with the Most Job Ads during August 2012