Last month, staffing firms posted nearly 450,000 new online job ads. The Top 25 staffing firms by ad volume for May 2010 are listed below, along with the percentage change from April:
Health care jobs continue to lead the pack. There were over 138,000 job postings by staffing firms for the Health Care sector, followed by nearly 93,000 in Computer and Mathematical Occupations. Office and Administrative Support jobs were a distant third at just under 37,000.
Hiring Demand for IT workers remained on trend in November, according to data from WANTED Analytics which tracks the number of online job ads on over 1,500 employment websites. On a seasonally adjusted basis, IT Hiring Demand is up 0.5%.
The end of November usually marks the start of a two month seasonal hiring slowdown. We were in fact expecting the number of job ads to fall slightly on a seasonally unadjusted basis, as shown in the graph below.
Source: WANTED Analytics
Hiring Demand for "Computer and Mathematical Occupations" grew by 6.5% in October on a seasonally unadjusted basis according to data from WANTED Analytics 2.0. This confirms the positive trend we saw begin in June, when Hiring Demand starting growing at an average monthly rate of 4.9%. This positive trend has affected most US metro areas.
WANTED Analytics tracks the number of online job ads on over 1,000 employment websites:
Source: WANTED Analytics
IT Hiring Demand grew faster than the rest of the economy – national Hiring Demand, all Occupations considered, grew by 4.0% over the same period. Removing the positive effect that IT workers had on the national average, national Hiring Demand grew by only 3.3%. (In other words, IT occupations contributed 0.7% to the overall growth in national Hiring Demand).
The table below details changes in Hiring Demand by occupation. Occupations are defined by the Bureau of Labor Statistics and their Standard Occupational Classification (SOC) System. Five occupations saw increases in Hiring Demand, while three saw drops. Drops were concentrated in "Computer Software Engineers", both "Applications" and "Systems Software".
| SOC | SOC Description | Percent Change, OCT (NSA) |
|---|---|---|
| 000000 | All Occupations | 4.0% |
| 150000 | Computer and Mathematical Occupations | 6.5% |
| 151071 | Network and Computer Systems Administrators | 9.5% |
| 151021 | Computer Programmers | 9.1% |
| 151061 | Database Administrators | 7.9% |
| 151081 | Network Systems and Data Communications Analysts | 7.7% |
| 151041 | Computer Support Specialists | 5.7% |
| 151051 | Computer Systems Analysts | -1.2% |
| 151031 | Computer Software Engineers, Applications | -5.9% |
| 151032 | Computer Software Engineers, Systems Software | -27.0% |
What's more, IT Hiring Demand is growing faster now than it did during the "boom times" of 2006/2007. The following table and weekly time series chart, where the count of online job ads is taken as a natural log to facilitate trending analysis, clearly shows this:
| Period | Monthly Growth Rate |
|---|---|
| Oct.2006 – June 2008 | +1.2% |
| July 2008 – May 2009 | -6.5% |
| June 2009 – Current | +4.9% |
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