SimplyHired.com May 2011 Employment Outlook

8/6/2019 SimplyHired.com May 2011 Employment Outlook

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Press Contact:

Allison VanNest

ph: +1 415.512.0770

[email protected]

U.S. Employment Trends Outlook

May 2011



U.S. Employment Trends Outlook | May 2011 Simply Hired, Inc. | 1

Hiring slows nationwide. Nationwide job openings declined slightly this month,

dropping -2.6% month-over-month from April. Despite the decrease, job openings

were still up 26.1% from 2010. “Although job openings decreased a bit from last month,

there’s no cause for alarm,” said Gautam Godhwani, CEO of SimplyHired.com. “Some

months tend to be slow for hiring, and our site continues to see healthy numbers of job

listings despite that.”

Less openings in St. Louis, Cleveland & Akron. While the majority of metros were

stagnant or had declines in job openings, St. Louis (-8.7%) and Cleveland & Akron

(-7.3%) proved to be particularly difficult job markets in May. The top employers in both

metros had only 500 or less job openings, compared to over 3,000 job openings at the

top employer in Washington, DC.

Improvement in nationwide job competition. The national job competition ratio

improved this month, dropping from 6:1 to 5:1. Though job growth slowed, many states

reported lower unemployment rates, which could account for the improved ratio.

This improvement was also reflected in certain metros: Miami & Fort Lauderdale, Los

Angeles and Grand Rapids dropped to 7:1, 5:1 and 4:1 ratios.

Retail and finance stay strong. Although May proved to be a slow hiring month for

nearly all industries and occupations, the two strongest sectors continued to grow. Job

openings for retail salespersons increased 64.1% month-over-month and openings for

financial specialists and accountants increased 34.8%.

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Employment Impact: Summer Holiday

Travel hiring continues to decline. Hiring in the travel industry continued to decrease

in May, down another -15.4% after already dropping -15.6% in April. This continued

decrease is likely a sign of a sluggish summer travel season. Hiring in the related

hospitality industry also decreased, down -3.1% (-1.9% in April).

Executive Summary



U.S. Employment Trends Outlook | May 2011

Job Openings, Nationwide

Simply Hired, Inc. | 2

For job opening information based on industry and/or occupation, see Industry and Occupation Outlook

For job competition in specific metropolitan areas, see Local Market Outlook

For top hiring companies in specific metropolitan areas, see Top Hiring Companies by Metro

Job Competition, Nationwide

Top Hiring Companies, Nationwide

Jun MayJul Aug FebOct Dec MarSep Apr

10.3%

1.7%3.2% 3.8%

-2.8% -2.6%

4.4% 4.4% 4.1%

7.7%6.7%

5:1 unemployed persons per job opening

U.S. Job Market Snapshot

RANK COMPANY JOB OPENINGS M-o-M CHANGE Y-o-Y CHANGE

1 HCA 20,681 14.7% 96.0%

2 Lockheed Martin 17,526 109.9% –

3 Starbucks 17,412 3.9% –

4 US Air Force 13,847 -0.8% 9.1%

5 UnitedHealth Group 9,647 9.4% 366.1%

Nationwide trends based on job openings listed on SimplyHired.com

Nov

5.1%

year-over-year

(from May 2010)

month-over-month

(from April 2011)

Jan

▲ 26.1%▼ 2.6%




Local Market Outlook

HIGHLIGHTS

Hiring slows across most metros. Hiring appeared to slow across nearly all areas in May. 32 of

50 metros had a decline in job openings, and another 9 metros had growths of less than 1.0%.

The most significant growths for the month were in smaller metros: Austin (6.6%), West Palm

Beach (6.3%) and Albuquerque & Santa Fe (4.1%).

Strong job market in West Palm Beach. While Austin had the greatest month-over-month

job growth, West Palm Beach was the best location for job seekers in May. The metro had the

second-greatest growth and is consistently one of the least competitive markets (2:1).

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Job Openings by MetroNumber of job openings listed on SimplyHired.com in the top 50 metropolitan areas

POPULATION

RANKMETROPOLITAN AREA

JOB

OPENINGS

(M-o-M)

JOB

OPENINGS

(Y-o-Y)

1 New York (NY) -8.7% 15.7%

2 Los Angeles (CA) -2.3% 34.7%

3 Chicago (IL) -4.5% 31.6%

4 Philadelphia (PA) -2.8% 20.5%

5 Dallas & Fort Worth (X) -5.9% 45.7%

6 San Francisco Bay Area (CA) 0.2% 31.2%

7 Boston (MA) -7.3% 24.1%

8 Atlanta (GA) -3.0% 30.6%

9 Washington, DC (DC) 0.8% 21.4%

10 Houston (X) -3.0% 43.4%

11 Detroit (MI) -6.3% 55.0%

12 Phoenix (AZ) -0.3% 39.3%

13 Seattle & acoma (WA) 0.3% 48.1%

14 ampa & St. Petersburg (FL) 1.8% 22.1%

15 Minneapolis & St. Paul (MN) -1.6% 41.7%

16 Miami & Fort Lauderdale (FL) 0.3% 26.2%

17 Denver (CO) 3.4% 29.5%

Continued on next page




POPULATION


JOB

OPENINGS

(M-o-M)

JOB

OPENINGS

(Y-o-Y)

18 Cleveland & Akron (OH) -7.3% 50.4%

19 Orlando (FL) 2.6% 28.2%

20 Sacramento (CA) 0.8% 34.3%

21 St. Louis (MO) -8.7% 32.2%

22 Portland (OR) -3.2% 35.6%

23 Charlotte (NC) -3.6% 34.7%

24 Pittsburgh (PA) 2.6% 27.1%

25 Raleigh & Durham (NC) -2.4% 33.7%

26 Baltimore (MD) 1.1% 26.0%

27 Indianapolis (IN) -6.1% 35.5%28 San Diego (CA) -4.3% 29.5%

29 Nashville (N) -1.0% 47.0%

30 Hartord & New Haven (C) -6.1% 16.7%

31 Kansas City (MO) -3.3% 14.2%

32 Salt Lake City (U) -3.2% 45.3%

33 Cincinnati (OH) -5.5% 50.2%

34 Columbus (OH) -3.3% 44.8%

35 Milwaukee (WI) 0.3% 23.6%

36 Greenville (SC) -1.6% 41.8%

37 San Antonio (X) -3.2% 27.3%

38 West Palm Beach (FL) 6.3% 28.6%

39 Harrisburg (PA) 3.8% 35.7%

40 Birmingham (AL) -1.2% 22.9%

41 Grand Rapids (MI) -3.4% 43.7%

42 Las Vegas (NV) -0.7% 36.8%

43 Norolk & Newport News (VA) 0.1% 31.9%

44 Austin (X) 6.6% 67.2%45 Oklahoma City (OK) 0.4% 38.0%

46 Albuquerque & Santa Fe (NM) 4.1% 36.0%

47 Greensboro & Winston-Salem (NC) -2.8% 33.1%

48 Memphis (N) -3.9% 25.2%

49 Jacksonville (FL) 0.4% 33.0%

50 Louisville (KY) -4.4% 47.4%

Job Openings by Metro continued from previous page




POPULATION


UNEMPLOYED PERSONS :

JOB OPENINGS

26 Baltimore (MD) 2 : 1

27 Indianapolis (IN) 3 : 1

28 San Diego (CA) 4 : 1

29 Nashville (N) 3 : 1

30 Hartord & New Haven (C) 3 : 1

31 Kansas City (MO) 3 : 1

32 Salt Lake City (U) 3 : 1

33 Cincinnati (OH) 3 : 1

34 Columbus (OH) 2 : 1

35 Milwaukee (WI) 2 : 1

36 Greenville (SC) 3 : 1

37 San Antonio (X) 3 : 1

38 West Palm Beach (FL) 2 : 1

39 Harrisburg (PA) 3 : 1

40 Birmingham (AL) 4 : 1

41 Grand Rapids (MI) 4 : 1

42 Las Vegas (NV) 7 : 1

43 Norolk & Newport News (VA) 2 : 1

44 Austin (X) 2 : 1

45 Oklahoma City (OK) 2 : 1

46 Albuquerque & Santa Fe (NM) 2 : 1

47 Greensboro & Winston-Salem (NC) 4 : 1

48 Memphis (N) 3 : 1

49 Jacksonville (FL) 4 : 1

50 Louisville (KY) 4 : 1

Job Competition by Metro continued from previous page

Based on most recently available data from the Bureau of Labor Statistics and SimplyHired.com




Job Competition by Metro (ranked by Unemployment Ratio)

Ratio of unemployed persons to job openings listed on SimplyHired.com in the top 50 metropolitan areas


RANKING CHANGE METROPOLITAN AREAUNEMPLOYED PERSONS :

JOB OPENINGS

1 Miami & Fort Lauderdale (FL) 7 : 1

2 Las Vegas (NV) 7 : 1

3 Sacramento (CA) 7 : 1

4 Los Angeles (CA) 5 : 1

5 Detroit (MI) 5 : 1

6 Orlando (FL) 5 : 1

7 Grand Rapids (MI) 4 : 1

8 New York (NY) 4 : 1

9 ▲ 1 ampa & St. Petersburg (FL) 4 : 1

10 ▼ 1 Greensboro & Winston-Salem (NC) 4 : 1

11 ▲ 1 Jacksonville (FL) 4 : 1

12 ▼ 1 San Diego (CA) 4 : 1

13 ▲ 1 Louisville (KY) 4 : 1

14 ▼ 1 Birmingham (AL) 4 : 1

15 Phoenix (AZ) 4 : 1

16 St. Louis (MO) 4 : 1

17 ▲ 3 Portland (OR) 4 : 1

18 ▲ 1 Memphis (N) 3 : 1

19 ▼ 1 Greenville (SC) 3 : 1

20 ▼ 3 Cincinnati (OH) 3 : 1

21 Philadelphia (PA) 3 : 1

22 ▲ 1 Chicago (IL) 3 : 1

23 ▲ 1 Atlanta (GA) 3 : 1

24▼

2 Cleveland & Akron (OH) 3 : 125 ▲ 1 Houston (X) 3 : 1




Job Competition by Metro continued from previous page

RANKING CHANGE METROPOLITAN AREAUNEMPLOYED PERSONS :

JOB OPENINGS

26 ▲ 1 Kansas City (MO) 3 : 1

27 ▼ 2 Harrisburg (PA) 3 : 1

28 Hartord & New Haven (C) 3 : 1

29 Denver (CO) 3 : 1

30 ▲ 1 Indianapolis (IN) 3 : 1

31 ▼ 1 Nashville (N) 3 : 1

32 Charlotte (NC) 3 : 1

33 ▲ 2 San Antonio (X) 3 : 1

34 ▼ 1 Salt Lake City (U) 3 : 1

35 ▼ 1 Pittsburgh (PA) 3 : 1

36 ▲ 1 Seattle & acoma (WA) 2 : 1

37 ▲ 1 Norolk & Newport News (VA) 2 : 1

38 ▼ 2 Columbus (OH) 2 : 1

39 San Francisco Bay Area (CA) 2 : 1

40 Raleigh & Durham (NC) 2 : 1

41 ▲ 3 Milwaukee (WI) 2 : 1

42 ▼ 1 Albuquerque & Santa Fe (NM) 2 : 1

43 Minneapolis & St. Paul (MN) 2 : 1

44 ▼ 2 Dallas & Fort Worth (X) 2 : 1

45 Boston (MA) 2 : 1

46 Baltimore (MD) 2 : 1

47 ▲ 1 Austin (X) 2 : 1

48 ▼ 1 Oklahoma City (OK) 2 : 1

49 West Palm Beach (FL) 2 : 1

50 Washington, DC (DC) 1 : 1

Based on most recently available data from the Bureau of Labor Statistics and SimplyHired.com




Job Openings by IndustryNumber of job openings listed on SimplyHired.com in each major industry

INDUSTRY JOB OPENINGS (M-o-M) JOB OPENINGS (Y-o-Y)

Agriculture 0.2% -3.0%

Automotive -2.8% 24.6%

Construction 9.3% 36.9%

Education 2.3% 8.2%

Financial Services 0.3% 46.7%

Government 8.9% 15.3%

Healthcare 4.1% 26.1%

Hospitality -3.1% 8.4%

Legal -4.9% -6.4%

Manuacturing 2.8% 49.8%

Media -5.5% 11.4%

Military 1.0% -62.2%

Non-Prot -3.7% 9.6%

Real Estate 0.5% 6.5%

Retail 0.9% 63.0%

echnology 0.7% -0.6%

ransportation 12.9% 83.4%

ravel -15.4% 36.6%

Industry and Occupation Outlook

HIGHLIGHTS

Decline in media hiring. Hiring in the media industry dropped -5.5% in May, corresponding with

a -34.3% decrease in job openings for journalists and media workers. The same sector saw fairly

significant growth in April, which suggests that this month’s decline is likely due to open positions

being filled.

Transportation stays afloat. Despite challenges from rising oil prices, transportation was one of

the few industries posting an increase in job openings, up 12.9%. Job openings for drivers, pilots

and other transportation workers also increased 9.6%.

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OCCUPATION CATEGORY JOB OPENINGS (M-o-M) JOB OPENINGS (Y-o-Y)

Managers -5.9% 24.3%

Human Resources Specialists, Compliance Ofcersand Business Operators

-44.6% -21.3%

Financial Specialists and Accountants 34.8% 91.5%

Computer Engineers and Programmers -0.1% 26.1%

Engineers (excluding Computer) -2.9% 33.6%

Scientists, Social Scientists and Lab echs -6.2% 3.0%

Doctors, Nurses, Terapists and Health echs -1.7% 14.5%

Social Workers, Counselors and Religious Workers -0.8% 5.1%

Law Enorcement, Fire and Security -3.7% 13.7%

Lawyers, Judges and Legal Support -4.5% -5.6%

Ofce and Administrative Workers -5.3% 39.6%

eachers, Librarians and Education Workers 1.3% 13.3%

Journalists and Media Workers -34.3% -56.0%

Cooks, Servers and Food Workers -4.3% 12.9%

Personal Care and Services 0.7% 8.1%

Retail Salespersons 64.1% 126.7%

Installation, Maintenance and Repair Workers -2.5% 27.2%

Building and Groundskeepers -1.9% 6.6%

Farmers, Fishers and Forestry Workers 2.9% 5.4%

Manuacturing Workers -4.7% 46.3%

Construction and Extraction Workers -5.3% -13.8%

Drivers, Pilots and ransportation Workers 9.6% 88.2%

Military Personnel -8.5% 38.8%

Job Openings by Occupation CategoryNumber of job openings listed on SimplyHired.com in each major occupation category




WellStar Health System – 1,121 jobs (6.4%)

Time Warner – 869 jobs (9.4%)Northside Hospital – 696 jobs (10.7%)

Emory University – 655 jobs (-1.9%)

Emory Healthcare – 501 jobs (-9.0%)

HCR Manor Care – 1,067 jobs (1.0%)

Accenture – 905 jobs (-8.4%)Advocate Health Care – 674 jobs (1.7%)

Starbucks – 627 jobs (-2.8%)

Navistar – 608 jobs (-13.7%)

Harvard University – 971 jobs (-1.5%)

MIT – 795 jobs (2.5%)

Massachusetts General Hospital – 774 jobs (-4.3%)

Genzyme Corporation – 733 jobs (8.8%)

Kindred Healthcare – 703 jobs (11.1%)

Goodyear Tire & Rubber – 425 jobs (8.1%)

PNC Financial – 416 jobs (8.8%)

HCR Manor Care – 268 jobs (-3.8%)

Akron Children’s Hospital – 254 jobs (-16.2%)

MetroHealth System – 220 jobs (-44.2%)

TIAA-CREF – 299 jobs (6.5%)

Bayada Nurses – 287 jobs (-23.1%)

Wells Fargo – 254 jobs (-12.2%)

BI-LO – 230 jobs (1.5%)

Harris Teeter – 227 jobs (-3.7%)

Texas Health Resources – 1,852 jobs (-11.8%)

HCA – 1,568 jobs (23.0%)

Baylor Health Care – 1,287 jobs (-10.4%)

Methodist Hospitals of Dallas – 905 jobs (8.9%)

Lockheed Martin – 643 jobs (–)

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Atlanta, GA Chicago, IL

Boston, MA Cleveland, OH

Charlotte, NC Dallas and Fort Worth, TX

Top Hiring Companies, 25 Major MetrosTop five companies with the most job openings listed on SimplyHired.com in 25 major metropolitan areas

Note: Parentheses after each company denote month-over-month change

Top Hiring Companies by Metro

HIGHLIGHTS

More openings at companies in DC, SF, NY. Top employers in the nation’s least competitive

metro, Washington DC, had the most job openings, each with at least 1,400. Employers in San

Francisco and New York also had large numbers of jobs, from 950 to over 2,000 openings.

Lockheed Martin ramps up hiring. Aerospace and defense giant Lockheed Martin significantly

increased its hiring in May. With the second greatest number of job openings nationwide, the

company was a top employer in Washington DC, Dallas & Fort Worth, Orlando and Houston.

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Continued from previous page


HCA – 1,301 jobs (13.1%)

Exempla Healthcare – 611 jobs (-4.4%)Starbucks – 488 jobs (18. 3%)

Banner Health – 471 jobs (-7.2%)

US Air Force – 366 jobs (0.1%)

Starbucks – 1,969 jobs (-0.7%)

US Air Force – 1,783 jobs (0.1%)Southern California Edison – 1,316 jobs (-17.2%)

Michaels Arts & Crafts – 832 jobs (3.7%)

Kia Motors – 818 jobs (81.2%)

UnitedHealth Group – 2,492 jobs (4.3%)

3M – 397 jobs (36.0%)

Cargill – 358 jobs (-4.3%)

Life Time Fitness – 358 jobs (-13.9%)

Allina Hospitals & Clinics – 352 jobs (10.0%)

HCR Manor Care – 1,058 jobs (8.0%)

Bayada Nurses – 677 jobs (-15.1%)

Genesis HealthCare – 624 jobs (-3.5%)

Children’s Hospital of Philadelphia – 501 jobs (-12.9%)

Accenture – 441 jobs (1.3%)

General Motors – 530 jobs (8.7%)


St. John Health System – 518 jobs (7.6%)

Meijer – 504 jobs (0.0%)

Henry Ford Health System – 389 jobs (62.1%)

HCA – 884 jobs (-0.3%)

Memorial Healthcare – 544 jobs (96.2%)

Miami Dade College – 527 jobs (–)

US Air Force – 419 jobs (0.3%)

Macy’s – 252 jobs (6.3%)

Citigroup – 1,352 jobs (-13.2%)

Accenture– 1,198 jobs (-3.3%)

PricewaterhouseCoopers – 1,174 jobs (7.5%)

Ernst & Young – 1,094 jobs (-3.2%)

Macy’s – 1,036 jobs (8.2%)

Banner Health – 2,418 jobs (-3.3%)

Intel – 440 jobs (4.8%)Honeywell International – 422 jobs (31.1%)

US Air Force – 416 jobs (-0.4%)

Scottsdale Healthcare – 401 jobs (27.9%)

HCA – 1,258 jobs (12.8%)

Hewlett-Packard – 813 jobs (8.1%)

University of Texas Health Center – 602 jobs (4.1%)

Baker Hughes – 309 jobs (10.3%)


HCA – 686 jobs (43.1%)

Florida Hospital – 414 jobs (51.4%)

Health First – 367 jobs (6.4%)


Starbucks – 218 jobs (15.6%)

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Denver, CO

Los Angeles, CA

Minneapolis and St. Paul, MN

Philadelphia, PA

Detroit, MI

Miami and Fort Lauderdale, FL

New York, NY

Phoenix, AZ

Houston, TX

Orlando, FL

Intel – 867 jobs (0.2%)

Providence Health and Services – 608 jobs (0.5%)

Oregon Health & Science University – 607 jobs (6.6%)

Safeway – 483 jobs (-33.5%)

Starbucks – 394 jobs (16.6%)

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PNC Financial Services – 1,000 jobs (15. 2%)

University of Pittsburgh – 579 jobs (11.1%)

HCR Manor Care – 386 jobs (7.3%)

West Penn Allegheny Health Systems – 285 jobs (–)

Macy’s – 185 jobs (8.9%)

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Pittsburgh, PA




Continued from previous page

Note: List only includes companies with 50 or more jobs available

Sutter Health – 740 jobs (12.8%)

Catholic Healthcare West – 581 jobs (25.1%)


Intel – 495 jobs (13.0%)

US Air Force – 314 jobs (-2.1%)

Amazon.com – 1,591 jobs (34.9%)

Microsoft – 1,395 jobs (27.1%)

University of Washington – 1,265 jobs (14.9%)


Providence Health and Services – 945 jobs (3.8%)

Lockheed Martin – 3,706 jobs (–)

Valley Health – 2,822 jobs (–)

BAE Systems – 1,894 jobs (-2.4%)

CACI International – 1,619 jobs (-3.8%)

Verizon – 1,417 jobs (-5.7%)

Apple – 2,329 jobs (-12.1%)

Google – 2,155 jobs (-0.8%)

Sutter Health – 1,634 jobs (-1.9%)

eBay – 1,579 jobs (18.2%)

Cisco Systems – 951 jobs (-0.7%)

BJC Health – 516 jobs (-0.3%)

St. Anthony’s Medical Center – 421 jobs (2.6%)

SSM Health Care – 327 jobs (7.9%)

Saint Louis University – 326 jobs (15.7%)

Barnes-Jewish Hospital – 279 jobs (-7.2%)

WakeMed Health and Hospitals – 630 jobs (13.6%)

Verizon – 385 jobs (-6.2%)

SAS Institute – 265 jobs (14.1%)

BB&T Corporation – 261 jobs (-12.7%)

Harris Teeter – 258 jobs (1.6%)

HCA – 1,536 jobs (28.3%)

BayCare Health System – 977 jobs (14.3%)

University Community Hospital – 608 jobs (-0.1%)


Citigroup – 246 jobs (-5.0%)

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Sacramento, CA

Seattle and Tacoma, WA

Washington, DCSan Francisco Bay Area, CA

St. Louis, MORaleigh & Durham, NC

Tampa and St. Petersburg, FL

Simply Hired, Inc. | 13



About the U.S. Employment Trends Outlook

The U.S. Employment Trends Outlook is a monthly analysis and forecast of employment

trends in the United States. These findings are based on monthly job seeker activity on

SimplyHired.com, which aggregates millions of listings from over 30,000 employment

sites, and data obtained from the Bureau of Labor Statistics. Some findings may be

projected from recent historical data. Data may not be representative of all industries,

occupations and/or metro areas. “Metropolitan Areas” in this report are the 50 most

populous in the U.S., as ranked by the Nielsen Company’s Designated Market Area (DMA)

list. “Occupation Categories” are derived from the Department of Labor’s O*NET database.

About Simply Hired

With over eight million job listings, Simply Hired (www.SimplyHired.com) is the world’s

largest job search engine—25 times the size of the biggest job board. Servicing 16 million

monthly users across 23 countries, the company powers jobs on over 10,000 network

partner sites, including LinkedIn, CNNMoney, The Washington Post and Businessweek.

Reaching passive as well as active candidates, the Simply Hired network delivers millions of

targeted job applicants and boasts one of the lowest cost-per-hire rates in the industry. The

company is based in Mountain View, California and is funded by Foundation Capital and

IDG Ventures.

Contact Information

For questions, comments or more information related to this report, please contact:

Allison VanNest

ph: +1 415.512.0770

[email protected]

Simply Hired, Inc. grants permission to freely copy, publish and repurpose the data

included in this report for media, education, research and the promotion of this work,

provided that no changes or alterations are made to excerpts, and full attribution

of authorship is made to “SimplyHired.com” and linking to our homepage,

http://www.simplyhired.com. Any images directly from this report must be shown

with the following copyright notice below the graphic: “© 2011 Simply Hired, Inc.”

SimplyHired.com May 2011 Employment Outlook

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