Fortune 1000 – Jobs. Trends. Insight.

Fortune 1000 Hiring Strong Heading into Holidays, Still Trending Up 2.9%

By Charles Thibault on December 17, 2009 in Fortune 1000.

Fortune 1000 Hiring was very robust in November, according to data from WANTED Analytics. Hiring Demand by the Fortune 1000 companies grew by 2.9% on a seasonally adjusted basis from last month. This is exactly on trend with the 2.9% growth we've seen in this economic sector since the start of the stock market rally in early March of this year.

On a seasonally unadjusted basis and considering the entire month of November, Hiring Demand fell by only 2% compared to October – seasonal movements usually drive down Hiring Demand by 15% from October to November.

We're expecting new job ads, unadjusted, to fall dramatically next week leading up to the Christmas holidays.

Graph: Fortune 1000 Hiring Demand, Monthly, Weekly (4 years)

Source: WANTED Analytics

Fortune 1000 Hiring Demand Down 11.4% after 17% jump – Trending Positively 3.5% per month

By Charles Thibault on November 20, 2009 in Fortune 1000.

Fortune 1000 Hiring Demand has dropped 11.4% since last month, according to data from WANTED Analytics which tracks the number of online job ads on over 1,000 employment specific websites. This drop can be explained by spikes we saw on certain job boards last month, which caused Hiring Demand to jump almost 17%.

Source: WANTED Analytics

Over the past 9 months, Fortune 1000 Hiring Demand has been growing 3.5% a month. This is faster than the 2.1% growth seen in the overall economy. According to the table below which details monthly trend rates, it seems that Hiring Demand not only grew faster than the rest of the economy before the recession, but also resisted to the recession better than smaller companies:

Economic Sector	OCT 2005 to DEC 2007 26 months	JAN 2008 to FEB 2009 14 months	MARCH 2009 to NOV 2009 9 months
US Economy	0.7%	-3.5%	2.1%
Fortune 1000	1.3%	-1.8%	3.5%

Fortune 1000 Hiring Grows 2.5% in September – Continues Trend

By Charles Thibault on October 21, 2009 in Fortune 1000.

The number of online job ads posted by Fortune 1000 companies grew 2.5% in September, according to WANTED's Fortune 1000 Recruitment Advertising Report.

What's more, 196 corporations are hiring more now than they were at the same time last year. This is an improvement of 11 companies compared to the 185 we saw last month.

Both of these factors confirm the positive hiring trend at America's largest corporations.

Hiring is still down 37.6% compared to last year. However, last month the year-over-year decline stood at 40.1%. This relative improvement of 2.5% controls for seasonal fluctuations.

The following table highlights hiring trends for the Fortune 1000. Our analysis is constrained to the top 4 paid-for national job boards (Monster.com, Yahoo! Hotjobs, CareerBuilder.com, Dice.com):

Source: WANTED Fortune 1000 Report

WANTED's "Fortune 1000" report details the count of job ads, by job board, for each of America's top 1000 corporations.

Fortune 1000 Hiring Increases 1.8% in August

By Charles Thibault on September 16, 2009 in Fortune 1000.

Fortune 1000 companies increased their online job ads by 1.8% in August when looking at the four major national paid-for job boards (Monster, CareerBuilder, HotJobs, and Dice), according to WANTED's Fortune 1000 Recruitment Advertising Report.

Last month, Hiring was up 4.4% for the Fortune 1000.

Hiring Demand is still down 40.1% on these job boards compared to last year. Last month, however, Hiring Demand was down 41.9% on a year-over-year basis. This relative improvement of 1.8% controls for seasonal fluctuations.

Increases in Hiring Demand were led by companies such as AT&T (NYSE:T), which we have featured several times on our weekly Advertiser Watch feature.

Source: WANTED Analytics

Hiring Demand Grows 4% at America's Largest Corporations

By Charles Thibault on August 19, 2009 in Fortune 1000.

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.

Source: WANTED Fortune 1000 Report

Growth in Hiring Demand is led by the 'Accommodation and Food Services', 'Information', 'Manufacturing', and 'Retail Trade' sectors.

Fortune 1000 Hiring Demand Remains Flat

By Charles Thibault on July 20, 2009 in Fortune 1000.

Hiring Demand by Fortune 1000 companies remained consistent with the prior month, according to data from WANTED's Fortune 1000 report. WANTED's report measures new job ads for America's largest corporations. A month ago, the Fortune 1000 showed a year-over-year drop of 24.6% in Hiring Demand.

247 of the 1000 largest US corporations showed improvements in Hiring Demand, unchanged since last month.

On a Sector basis:

- Hiring Demand of "Wholesale Trade" companies (NAICS 42) is up by thirty-seven percentage points, posting a 24% year-over-year increase compared to last month's year-over-year drop of 13.2%.

- Health Care is the only sector to show consistent and robust growth in Hiring Demand. Health Care sector Hiring Demand is up 26.8% compared to last year. Last month, Hiring Demand was up 34.6% on a year-over-year basis.

- Hiring Demand of "Professional, Scientific, and Technical Services" companies (NAICS 54) dropped by twenty percentage points, going from -13.2% to -33.9% on a year-over-year basis.

The following table summarizes the sector highlights:

Source: WANTED Fortune 1000 Report

Fortune 1000 Shows Some Improvement in Hiring Demand; Overall Down 30.1%; Within the Group, 244 Companies Are Up

By Charles Thibault on June 22, 2009 in Fortune 1000.

Hiring Demand by Fortune 1000 companies is down 30.1%, compared to the same 90-day period last year, according to data sourced from WANTED's Fortune 1000 Report. This is an improvement over measurements taken at the end of Q1, where Hiring Demand was down 37.7% on a year-over-year basis.

Of the 1000 companies in the group, 244 companies showed an increase in Hiring Demand compared to the prior year.

Health Care companies show the strongest Hiring Demand, with 63% showing year-over-year increases.

Mining, Quarrying, and Oil and Gas Extraction have also shown improvements: 29.3% of the 41 Fortune 1000 companies in that sector have shown improvements in Hiring Demand.

Following are some specific examples.

Hiring Demand for Kindred Healthcare (NYSE: KND) has shown an upward trend since April, even as the stock price remains flat. Situations where Hiring Demand is trending upwards, but the stock price is flat or trending downwards, represent potential investment opportunities.

Source: WANTED Analytics 2.0

JP Morgan Chase (NYSE: JPM) has shown a nice steady growth in Hiring Demand since July of last year. Hiring Demand volume has more than doubled compared to last year: there were 5,800 new job ads in May of 2008, and 14,100 in May 2009. JP Morgan's stock price has tripled since March of 2009.

Source: WANTED Analytics 2.0

Finally, hiring demand by the Dr.Pepper Snapple Group (NYSE:DPS) is up considerably, as is its stock price. Hiring Demand has tripled since February, and the stock price is up $10 from the 52-week low seen on March 9th, 2009.

Source: WANTED Analytics 2.0

Fortune 1000: More on Hiring and Stock Price

By Bruce Murray on April 22, 2009 in Fortune 1000.

Although hiring activity for the Fortune 1000 was down 37 percent in the first quarter, there were 213 companies posting more jobs this year than a year ago. These included firms in Utilities, Telecommunications and Health care.

Notably, we see that in some of these cases, the company's stock price also held up (relatively speaking) during the recent market meltdown. Take a look at Pacific Gas and Electric Company (PCG):

Source: WANTED Analytics

And a similar view of DIRECTV (DTV):

Source: WANTED Analytics

In the case of ITT Corporation (ITT), hiring demand has continued to climb without (yet) a corresponding increase in stock price. Perhaps that is coming.

Source: WANTED Analytics

Hiring Demand by Fortune 1000 Companies Declined 37% in Q1 '09: 213 of 1000 Show Some Growth

By Juli Morris on April 7, 2009 in Fortune 1000.

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.