Hiring Demand at Fortune 1000 companies has grown 4% since last month, according to this month's WANTED Fortune 1000 report, which details online job posting activity for America's largest corporations. 285 companies showed an improvement in Hiring Demand compared to last year, which is 39 more companies than last month.
Compared to a year ago, Hiring Demand is still down 21.6%. However, Hiring Demand was down 25.6% on a year-over-year basis in July. Looking at month-to-month differences in the yearly reports removes any seasonal fluctuations. In other words, Hiring Demand is up 4% on a seasonally adjusted basis since last month.
Focusing in on the largest national paid-for job boards, collective Hiring Demand by the Fortune 1000 has grown 4.4% since last month on Monster, CareerBuilder, Yahoo! HotJobs, and Dice.
Growth in Hiring Demand is led by the 'Accommodation and Food Services', 'Information', 'Manufacturing', and 'Retail Trade' sectors.
The health care sector, as we have noted on our blog, is showing some signs of a slowdown. Employment is still growing in this sector, and Hiring Demand by the health care companies in the Fortune 1000 is up 17.3% compared to last year. However, that's a fall of 9.5% compared to last month.
Other sectors continuing to perform poorly are Mining, Construction, and Real Estate.