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Index shows increase in management jobs in Connecticut

Posted on August 30, 2011

According to a new index, management jobs in Connecticut are on the rise.

Managerial recruitment activity showed a gain of 9.4 points in August, following a downward slide over the past three months, according to the new CareerCast.com/JobSerf Employment Index. The August 2011 Index, which measures managerial hiring activity online, has risen to 107.6, a mere 5.3 points higher than it was a year ago in August 2010.

“The effects of the current economic uncertainty may not be fully understood until later in the year,” says Jay Martin, COO, JobSerf. “Though the gains in August are welcome, the current economic climate could delay actual hiring decisions.”

“It is heartening to see even a minor increase in managerial job opportunities during a historically slow hiring month,” says Tony Lee, publisher, CareerCast.com. “Despite economic setbacks and slow business growth, the overall job situation is better than it has been and seems to be heading for more improvement. However, if history is any indicator, employers will be cautious about broadcasting their hiring plans.”

Louisville, which saw a gain of 11% in managerial hiring in August, was the biggest winner this month, followed by Detroit with a 10% gain, Hartford (+9%) and Nashville (+8%). On the downside, San Diego’s hiring activity dropped 10%. Tampa (-6%), Seattle (-5%), Dallas (-4%) and Riverside (-4%) were among the cities also experiencing losses.

The CareerCast.com/JobSerf Employment Index per capita hiring levels for U.S. cities in August are:

1. Washington, DC – 171

2. Boston – 150

3. San Francisco – 114

4. Seattle – 109

5. Atlanta – 91

6. Chicago – 90

7. Baltimore – 88

8. Nashville – 82

9. Denver – 80

10. New York City – 80

11. Hartford – 73

12. Cleveland – 72

13. Philadelphia – 71

14. Dallas – 66

15. Minneapolis – 66

16. Milwaukee – 63

17. Indianapolis – 62

18. Pittsburgh – 62

19. Houston – 61

20. Louisville – 61

21. Cincinnati – 54

22. St. Louis – 54

23. San Diego – 53

24. Phoenix – 52

25. Los Angeles – 50

26. Miami – 48

27. Detroit– 46

28. Tampa – 44

29. Memphis – 40

30. Riverside – 22

The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing managerial hiring activity based on the number of jobs posted online nationally. The Index reveals the differences in job listings by month, and offers valuable trends and forecasts using proprietary employment data hand-counted by a team of researchers.

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