Supply/Demand Ratios – Jobs. Trends. Insight.

Best Places for Sales Managers to Search for Work

By Charles Thibault on September 14, 2009 in Sales.

In this week's Supply/Demand Ratios focus, we examine the best places for Sales Managers to look for work. (Please note that "Marketing Managers", standard occupation code 112021, are treated separately by the Bureau of Labor Statistics and our S/D Ratios.)

Sales Managers are one of the most important occupations in a corporation. Sales Managers include such positions as "Vice President of Sales", "Director of Sales", "Regional Sales Manager", or even "Business Development Executive". With an annual average salary of $110,00 Sales Managers are the 24th highest paid occupation in the US (out of more than 800). Taking out dentists, surgeons, physicians and associated specialties, Sales Managers are the 11th best paid workers in the United States.

Like most occupations, Sales Managers have been hit hard by the economic downturn. There were 18,000 online job ads for Sales Managers in the United States in August 2009 – a drop of 7,000, or 30% compared to the 25,000 online job ads posted last August. However, it is still possible for Sales Managers to find work: there are 333,000 Sales Managers in the US, which means that in August alone there was one job ad for every 19.5 Sales Managers.

: Source: WANTED Analytics

Four cities in New York State – New York, Binghamton, Rochester, and Buffalo – figure in the top 10 cities for Sales Managers to look for a new position, according to our S/D Ratios data. The Albany area is ranked 18th.

Other interesting areas are Washington DC, Baltimore MD, Boston MA, Denver CO, and Pittsburgh PA.

: Source: WANTED Supply/Demand Ratios

: Source: WANTED Supply/Demand Ratios

Registered Nurses in Demand in Texas, South-West

By Charles Thibault on August 17, 2009 in Health Care.

Hring Demand for Registered Nurses is strong in the US South-West. Major cities in Nevada, New Mexico, Arizona, Texas, the state of Washington, and Colorado display Hiring Demand for Registered Nurses that is greater than the national average, according to our Supply / Demand Ratios.

Registered Nurses are not only the most important health care practitioners, they are also one of the most important occupations in the entire United States. There are over 2.5 million Registered Nurses in the US, which places them fourth in terms of total employment after Retail Salespersons, Cashiers, Office Clerks, and Food Preparation Workers. They come second in terms of economic importance: with an average annual income of $65,000, more than $165 billion is paid out in wages every year to RNs, second only to General and Operations Managers who have the advantage of an average salary of $108,000.

The following table shows the 15 areas where Registered Nurses (SOC 291111) are in greatest demand based on our S/D Ratio:

Source: WANTED Supply/Demand Ratios

Those looking for the best places to start a job search can refer to our Supply/Demand Ratios homepage.

Best Places to Look for Work – Financial Analysts

By Charles Thibault on August 11, 2009 in Business/Finance.

The best place for Financial Analysts (SOC 132051) to search for work is the combined Washington, DC and Baltimore, MD area, taking into account both the Supply/Demand Ratio and the total count of online job ads.

Three major cities in Florida exhibit strong Hiring Demand for Financial Analysts: Tampa (S/D 190), Jacksonville (S/D 185), and Orlando (S/D 159).

Other areas that show strong demand for Financial Analysts are Omaha, NE (S/D 227); Portland, OR (S/D 204); San Diego, CA (S/D 169); or even St.Louis, MO (S/D 163).

WANTED's Supply/Demand Ratios™ measure Hiring Demand for an occupation relative to the number of workers already employed in that occupation in a geographic market. S/D Ratios are measured on an index scale, with values greater than 100 indicating Hiring Demand stronger than the national average.

S/D results are summarized in this table and "heat map", both of which are available on our Supply/Demand Ratios page.

Source: WANTED Supply/Demand Ratios

S/D Ratios – A Closer Look at "General and Operations Managers"

By Charles Thibault on July 27, 2009 in Business/Finance.

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.

Source: 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.