Thursday, August 19, 2010

Capital Region Jobs Report - August 19, 2010

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

Albany, NY, August 18, 2010

Job Postings Up Again the week .. However caution in the market …

(Albany, NY, August 18, 2010) – Job postings in the Capital Region rose again this week to just over 5800 from 5400 last week, which is a continued sign that employers are gearing up for Fall hiring needs as well as holiday hiring. “Certainly good news to those seeking a job and for the Region as a whole as we see the job market showing life, especially when compared to last year when at this time job postings were just over 3200”, stated Dan Moran, Founder & President of Next-Act (, 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 are still way off the mark for the Region which we saw last in 2008 when at this time of the year, we would see 7000 – 8000 job postings so we have quite a way to go to get back to those numbers”.

Caution in the market
There is caution in the market as evidenced by recent surveys – one conducted by Next-Act – that found employers are cooling off on immediate hiring plans and are more pessimistic about the economy in the Region than any time in over four months. “Job postings are a great sign of future hiring activity, but in our immediate future – looking 30 days out – it appears employers will not be hiring to the pace they did over the previous four months and at the same time, many are more concerned and pessimistic about the economy in our Region”, continued Moran. Moran is citing a CBS6/CRHRA/Next-Act survey of over 140 employers reported last week which showed hiring dipping and an increase in planned job cuts as well as a soured attitude about the Region by many respondents. “We will have to watch this trend”.

# 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:

Dan Moran
President & Founder
Career Management & Transition Specialists
125 Wolf Road, Suite #128
Albany, NY 12205
Office: 518-261-4212
Cell: 518-641-8968
eFax: 586-279-4212

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