This week's job market report - 3/3/11

Hope this is helpful ...

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

Albany, NY, March 2,2011

Job Postings Continue Pattern: Job Posting Drop Slightly – But showing growth past few days – a good sign

(Albany, NY, March 2, 2011) – Job postings in the Capital Region have been flat for the month of February, after a good run up in January. Postings dropped about 2% this past week as well, showing that the market is still a bit anemic. But there is some good news here. “While postings have been flat or down slightly, which isn’t uncommon for February, I have been watching for the signs that we are shaking this funk and over the past few days, I have seen some healthy increase in job postings so perhaps the March surge that are hoping to see is about to happen, “ 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.

“February is generally a flat month, but this February, we have been tracking about 9% behind last year but better than 2009, which has been a surprise. Some have chalked it up to the weather and business disruptions and others, like me, have been looking at the uncertainty of the State budget causing concern in the Region. The telling sign will be the next few weeks when we should see strong growth in job market activity”, continued Moran

Across the State, job postings dropped slightly in Buffalo and in the Metro NYC market while increasing slightly in Rochester and Syracuse. 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 three 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