Job Market report 9/8/10: Big drop in job posting activity ...

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

Albany, NY, September 8, 2010

Job Postings Drop 20% Last Seven Days

(Albany, NY, September 8, 2010) – On the heels of the long Labor Day holiday, job postings in the Capital Region fell 20% from last week, showing a continual slide and big drop. “We usually see a slide after a major holiday and it is normally in the 7-10% range. This drop was significant. Other markets in New York State saw similar drops in the number of job postings”, 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.

Job postings for the seven day period averaged 5050, down from 5550 the previous seven days, down from the 6500 to 7000 which were being reported this Spring in the Region. “I can hope this is partly the effect of the holiday and if so, we should see come resurgence later this week”, continued Moran.

# 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