There sizzle in the numbers - job numbers that is ...

On Thursday, the NYS Department of Labor reported that the unemployment percentage in the area plummeted (they didn’t say that – I did) from 7.2% in March to 6.5% in April. It may not look like it at first glance, but that is a huge drop in one month – a drop I haven’t seen in many, many months. Further it was reported that we had real job growth in our region as well --- and that is very important.

To add fuel to this fire, there has been and continues to be a significant rise in the number of job postings in our region, defined as a 50 mile radius of Albany. This past seven days we averaged 6600 job postings on a day-to-day basis, and that are a leading indicator of jobs to come (employers post opportunities, screen, interview, select and hire – and that takes generally 30-60 days). This is over 100% higher then last year at this time – yes over 100%.

See the full details below in my job market update. Been sitting on the sidelines waiting to get back into the jobs game – time to jump in!

And thank you for reading this. – Dan

_________________________________________

For Immediate Release

For Information, Dan Moran 518-641-8968

Albany, NY, May 19, 2010

Job Postings Up Past Seven Days

(Albany, NY, May 19, 2010) – Job postings in the Capital Region increased by close to 500 over the previous seven day period, topping close to 6600, up from 6150. This is yet another high this year and is signaling a very positive trend for our Region. Last year, job postings for the same period were just slightly over 3250.

“What a difference a year makes. Last year, we were seeing job postings in the low three thousands and this year, better than double that showing a sharp recovery in the market. This is also being more people back into the job market fueled by renewed confidence, so the market for jobs is ever more competitive”, 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 New York State didn’t fare as well, with decreases noted with the exception of metro NYC which saw a sharp increase after a few weeks of being down. 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.

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