In our weekly Advertiser Watch feature, we detail Hiring Demand at the individual company level. Advertiser Watch is triggered by WANTED's Gazelles Report, which detects businesses with upward trends in Hiring Demand. This week, we focus on companies that have previously appeared in this feature, and are also present in this week's Gazelles Report.
Financials have been doing quite well recently – the S&P 500 Financial Sector Index is up 82% since March 6, 2009. Bank of America (NYSE:BAC) has shown an almost fourfold increase in its stock price since the same date. Bank of America has consistently popped up on our weekly Gazelles report, even though Hiring Demand has dropped off a little since last month, possibly signaling the end of bull rally around this stock. Most of Bank of America's Hiring Demand growth has been in core occupations: demand for Tellers, Loan Officers, and Financial Managers has shown steady progression since January 2009.
The same story holds for JP Morgan Chase (NYSE:JPM). Its stock price has more than doubled since early March. Hiring Demand for Tellers has been trending upward for the past five months, but dropped off last week. Momentum around the stock has also topped off.
Oshkosh Corporation (NYSE:OSK), which we featured last week for the first time, was a top gainer on NYSE last week and has continued to show progression in both Hiring Demand and its stock price. Its stock price is up 7.6% since July 2, 2009.
Finally, General Dynamics Corporation, which has been featured twice, has seen both its stock price and Hiring Demand take a little bit of a hit. Hiring Demand for its core computer occupations is also down substantially after four months of very positive growth in stock price and Hiring Demand.
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