Job Market Update - May 7, 2010

It has been a great eek for jobs in the region. See the latest press release on job posting activity - and get in the game!

Good Luck - Dan
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For Immediate Release
For Information, Dan Moran 518-641-8968

Albany, NY, May 5, 2010

Job Postings Up Past Seven Days

(Albany, NY, May 5, 2010) – Job postings in the Capital Region increased the past seven days after a drop the week before, coming in at just over 6060, up from 5500 the week prior showing continued strength in the job market and employer confidence.

“We are seeing consistency in the number of job postings and that number is in the 5000 – 6000 range which is very good and comes on the heels of reported strength in job postings and hiring activity nationwide. This is good news for job seekers for sure and as ell, to those who have been waiting for the right time to jump into the job market and find a new and better opportunity”, 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.


Other markets in NYS didn’t fare as well, with decreases across all markets. “Metro NYC, after showing some strong gains, fell back this past week”. 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.



## 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.