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June 2012: Employment Activity Rebounds

June 2012: Employment Activity Rebounds

positive line graph drawn in red marker By CareerCast.com/JobSerf Employment Index

After losing ground for the past two months, managerial hiring activity across the U.S. improved by 6.2 points in June, according to the CareerCast.com/JobSerf Employment Index. While this is below its  peak of 116.9 reached in March of this year, the Index’s overall score of 103.7 represents a 9% improvement since the beginning of 2012 – a step in the right direction for the weak U.S. job market.

Last month also saw a year-over-year increase in managerial hiring, posting a 3.4-point improvement compared to June 2011. This is just the second time in 2012 that managerial hiring activity has been better than last year.

How do we determine these employment activity numbers?

The CareerCast.com/JobSerf Employment Index calculates the number of available managerial job openings each month by surveying wide range of local and national job boards across the U.S, with all results hand-counted and checked for duplication by a team of researchers. What does an overall Index score of 103.7 for June 2012 mean? The Index measures employment activity against a base score of 100, which represents the volume of job openings during the same period in 2007. A score higher than 100 means that there are more available jobs than in 2007, while one below 100 means that job seekers now have fewer opportunities available.

  • USA Hiring Index Table, Jan 2008 - June 2012:
Index Month Index Score Monthly Change
June 2012 103.7 +6.2
May 2012 97.5 -3.8
April 2012 101.3 -15.3
March 2012 116.9 +9.9
February 2012 107.0 +12.0
January 2012 95.0 -0.1
December 2011 95.1 -8.4
November 2011 103.5 -0.9
October 2011 104.4 +1.8
September 2011 102.6 -5.0
August 2011 107.6 +9.4
July 2011 98.2 -2.1
June 2011 100.3 -0.2
May 2011 100.5 -10.1
April 2011 110.6 +1.1
March 2011 109.5 +5.2
February 2011 104.3 +0.6
January 2011 103.7 +3.8
December 2010 99.9 -6.0
November 2010 105.9 +6.4
October 2010 99.5 -0.1
September 2010 99.6 -2.7
August 2010 102.3 -4.6
July 2010 106.9 +14.3
June 2010 92.6 +3.6
May 2010 89.0 -3.3
April 2010 92.3 +1.9
March 2010 90.4 +7.1
February 2010 83.3 +12.5
January 2010 70.8 -3.1
December 2009 73.9 +0.2
November 2009 73.7 +5.9
October 2009 67.8 -0.6
September 2009 68.4 -11.4
August 2009 79.8 +1.6
July 2009 78.2 +17.8
June 2009 60.4 +3.8
May 2009 56.6 +15.2
April 2009 41.4 -2.7
March 2009 44.1 -5.4
February 2009 49.5 -12.2
January 2009 61.7 -4.5
December 2008 66.2 -10.9
November 2008 77.1 +3.7
October 2008 73.4 -14.3
September 2008 87.7 -18.0
August 2008 105.7 +5.4
July 2008 100.3 -2.3
June 2008 102.6 +6.8
May 2008 95.8 +1.6
April 2008 94.2 -15.1
March 2008 109.3 +0.3
February 2008 109.0 +8.7
January 2008 100.3 +/-0

While June’s Employment Index score of 103.9 is only slightly higher than it was in 2007, this represents the fourth time this year that managerial hiring activity has been above pre-recession levels – a welcome sign in a sluggish economy. That said, breaking down hiring activity by region reveals that some areas of the U.S. still lag behind the rest.

Continue to the June 2012 Regional Hiring Report


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