Job Market Update - May 13, 2010

Just an update and my latest job market report for the week. Plus .. beware of the scammers -- see below. - Dan
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For Immediate Release
For Information, Dan Moran 518-641-8968

Albany, NY, May 12, 2010

Job Postings Up Past Seven Days

(Albany, NY, May 12, 2010) – Job postings in the Capital Region increased slightly over the previous seven day period, coming in at just about 6150 up from just over 6000 the week prior.

“We are continuing to see consistency in the number of job postings and that number is in the 5000 – 6000 – and sometimes over 7000 range supporting recent local surveys that reported significant hiring activity in our Region, stated Dan Moran, Founder & President of Next-Act (www.next-act.com), a career transition management firm located in Colonie. Moran assists individuals in identifying new careers and also those in the midst of a job search and needing direction. His firm also tracks the job market on a regional and statewide basis.

Moran quotes a CBS6/Capital Region Human Resources Association (CRHRA) survey that reported 52% of employers in the region are hiring with over 35% adding to their workforce, not just replacing employees that left or were laid off. “I conducted the survey on behalf of CBS6 and CRHRA and frankly was amazed at the activity myself. I knew the number was higher than the forecasted 27 – 35% -- but 52% is very strong”.

For the first time in several weeks, other markets in NYS showed strong increases in job posting activity, consistent in Buffalo, Rochester, Syracuse and Metro NYC. The largest increase was in Rochester which had been quite through the Spring. Metro NYC show significant growth as well, after falling back for a period of time. The Capital Region continues to outpace Buffalo, Rochester and Syracuse for job postings. The Capital Region is the smallest of all these markets as well.

Job Seekers Beware
Identify theft. Bogus business opportunities. Schemes to defraud you. “The unfortunate truth is that the internet job boards are loaded with these types of postings and job seekers need to be aware – now more than ever”, stated Dan Moran. “There are those who prey on the job seeker who may just be desperate, so one needs to be cautions – always”.

Moran provides these 6-tips:

• NEVER give your Social security number to anyone or include in any application on the job boards. This has been the source of many identify theft cases, and there is no reason a potential employer needs your social security number at any point until they ask to do a background check.

• NEVER send any money for an “application fee”. This is a true sign of a scam.

• NEVER pay for information on how you can make money stuffing envelopes or making phone calls or other type of home-based opportunity. Again, a scam to avoid.

• ASK questions if you cannot determine what a company who has contacted you does in their business. If they are evasive, be cautious. If you cannot find information on the company by searching on the internet, that is a sign that you might want to stay away.

• DO NOT accept an interview at someone’s home. There are many home-based businesses that hire people; ask to meet at a coffee shop or other public spot. It just isn’t safe, and best to avoid.

• FOLLOW your instincts. If it sounds too good to be true, it likely is just that. Many will make outlandish promises to lure you in and then ask you to “invest” in your job by making an investment in a business. If this isn’t clear up front, be very cautious.

## Background ##

Job postings in the Region are normally in the baseline of 4000 – 4900 on a weekly basis and 7-day rolling average, consistent for this area. Monitoring job postings is a leading indicator of hiring within the following 30-45 days. This methodology is utilized by reading research houses nationally and is employed in the Region by Moran’s firm. For the purpose of reporting, the Region is defined as a 50 mile radius of Albany.

## End##

About Next-Act

Next-Act, a division of DVG, Inc. is a career management & transition firm directed by Dan Moran, the Founder & President of the firm. Moran contributes over thirty years experience in career consulting, business and human resources management. Moran is noted for his expertise in helping today’s “boomers” move on to fulfilling second careers, while helping executives and professionals achieve their career goals. The firm also provides human resources consulting and corporate services to companies. Moran is also a certified facilitator for C.J. Hayden’s Get Clients Now! & Get Hired Now! programs.

For further press information: http://www.next-act.com/press_room.


Dan Moran
President & Founder
Next-Act
Career Management & Transition Specialists
125 Wolf Road, Suite #128
Albany, NY 12205
Office: 518-261-4212
Cell: 518-641-8968
eFax: 586-279-4212
dmoran@next-act.com