Hiring demand among the Fortune 1000, as measured by online job ads, is down 37% year-over-year for the first quarter of 2009, according to WANTED Hiring Demand data. Online job advertising placed by Fortune 1000 companies accounts for 32% of all job postings nation-wide on all job boards.
The picture is not all bleak. Of the 1000 companies, 213 showed growth in hiring demand in the first quarter. The Energy sector was the largest group represented, also boosting growth in certain manufacturing and transportation sectors that serve that industry.
Health care and Social Assistance also saw steady growth in first quarter hiring demand, although WANTED's data indicates that hiring demand is slowing in this sector and may lead to upcoming job losses.
Finally, a number of companies in the Finance and Insurance sector increased their online job advertising over Q1 2008, with their numbers weighted toward the Insurance sector. WANTED has previously reported that job losses are continuing to slow in Finance and Insurance.