Job Market report for July 7, th ....

Job market report for the past seven days -- still good, but not as strong as last month ... - Dan
______________________________________________________
For Immediate Release
For Information, Dan Moran 518-641-8968

Albany, NY, July 7, 2010

Job Postings Drop Again Past Week

(Albany, NY, July 7, 2010) – Once again, job postings in the Capital Region dropped again this past week, coming in at just over 4300, down from 4850 the previous week. The down trend has continued for seven weeks signaling employer concerns over making permanent hires. “ On top of this concern we were also faced with long holiday weekend which always has an impact on the market. Compared to last year at this time, postings were up 43% over the same period last year, finding some good news in a rather clouded picture,” 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.

“We have seen string hiring activity in May and into early June as reflected in other employment index studies. Looking forward, which when looking at job postings as a leading indicator as we do, it appears that late summer might be anemic for hiring unless there is a change in employer confidence”.

Other markets in New York State saw similar results, however the drops were not a steep as the Capital Region. 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.

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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