WANTED's Supply/Demand Ratios measure Hiring Demand relative to supply of labor. Hiring Demand is measured relative to the number of qualified workers in a geographic area, on an occupation-by-occupation basis. Supply/Demand Ratios are centered around 100, with values greater than 100 signaling greater than average Hiring Demand for that occupation.
This week, we take a look at "General and Operations Managers", Standard Occupational Classification code 111021. According to the BLS there were almost 1,700,000 General and Operations Managers employed in the US in 2008. Even though it is not the most common occupation in terms of total employment, it carries the most economic weight. With an average yearly income of $107,970, more than $183 billion in wages are paid out every year to these managers, more than any other occupation.
Before jumping into geographical specifics, how have General and Operations Managers fared, generally speaking? After consistent upward trending in Hiring Demand for these managers in 2007, Hiring Demand softened throughout 2008. Since then, Hiring Demand has rebounded quite nicely and is growing again, according to WANTED Analytics 2.0.
Workers seeking General and Operations Manager positions within the top 20 US Marketsshould focus on New York, Chicago, San Francisco, Philadelphia, Minneapolis, or even Miami. Some markets are quite weak, including Los Angeles, Atlanta, Houson, and Pheonix.