In Simply Hired’s February Jobs Report, there were some silver linings for job seekers.
They reported growth in 17 of 18 industries; only Technology was down a bit (-2.0%). Reported large growth areas: Military (22.7%), Travel (20.9%) and Agriculture (20.0%)
Month-over-month, growth in job openings (based on posted jobs on Simply Hired) were up 3.8% and year-over-year (compared to February 2010), they were up 49.7%.
There are (statistically) 4 people for every 1 job opening nationwide. Top hiring companies nationwide included:
- Home Depot
- HCA
- Securus
- Starbucks
- U.S. Air Force
Top hiring sectors based on jobs listed on Simply Hired included: agriculture, automotive, construction, education, financial services, government, health care, hospitality and legal.
Statistically, the most competitive place to land a job was Miami and Fort Lauderdale, where there are 9 candidates for every one opening. Washington D.C. has one job for every one candidate. (Remember, this is a statistical analysis, which doesn’t necessarily mean you will or will not be able to land an opportunity.)
Daniel Greenberg, CMO, SimplyHired.com, explains how they calculate these ratios and what they mean for job seekers:
SimplyHired.com’s unemployment ratio is calculated by taking the average of the total number of currently unemployed persons in the U.S. (as reported by the Bureau of Labor Statistics) over the total number of job openings listed on SimplyHired.com each month. In February, the unemployment ratio was 4:1 nationally. This means that on average there were four job seekers for every one job opening. What this means for job seekers varies by location, if you’re looking for a job in an area like Miami, the unemployment ratio is actually 9:1, and in Washington, DC the unemployment ratio is an ideal 1:1.
This ratio also includes every job opening, meaning that part-time and contract work is considered – not just full-time jobs. Everything else being equal, job seekers in highly competitive job markets would be well served to relocate to areas that have more favorable job seeker-to-unemployment ratios.”
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photo by Redvers