Thursday, November 4, 2010

Job Market Update - November 3, 2010

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

Albany, NY, November 3, 2010

Job Postings Dip Slightly Past Seven Days in Region – Other NY Markets Post Gains

(Albany, NY, November 3, 2010) – Job postings dipped slightly to just about 5800, down from 6000 the week before when there was a reported 10% increase. Other markets in New York State all saw job postings increase over the same period. “ It does appear that each time there are rumblings about State layoffs, as there have been the past week or so, we see hiring plans cool a bit over the uncertainty in our Region. With so many State workers fueling the economy in the Region, even a slight ripple would affect many businesses. It appears this has happened again”, 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.

“While posting are down slightly, we are still close to 100% better than the same time last year, where there were 3000 posting in the Region”, added Moran. He continued to state that we are not back to the highs of this past Spring when postings were in the 6000 – 7000 range.

While a smaller market, the Capital Region still outpaces other NYS markets (with the exception of metro NYC). This has been consistent for well over two years.

#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

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