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US National Hiring Demand Down 0.8% in August

By Charles Thibault on September 9, 2009 in Hiring Demand Indicators.

US National Hiring Demand slipped by 0.8% in August, after some gains in July, according to data from WANTED Analytics.

Last month, Hiring Demand was down 26.4% on a year-over-year basis. This month, Hiring Demand is down 27.2% on a year-over-year basis. Looking at the relative drop of 0.8% on a year-over-year basis is a simple way to control for typical seasonal fluctuations.

There were 44,000 fewer new job ads in August compared to July, on a seasonally unadjusted basis.

Source: WANTED Analytics

Source: WANTED Analytics

The following double bar chart compares year-over-year percent changes in August and July. Burgundy columns (August) that are "shorter" than the gray columns (July) signal relative improvements. Hiring Demand is down from last year for almost all occupations, with the exception of "Healthcare Support Occupations".

Chart

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