Thursday, May 5, 2011

Job Market Report - May 5 2011

Not good news this week ...

Capital Region Job Postings Drop 15% on Heels of Holiday

For Information: Dan Moran, 518-641-8968 May 4, 2011

(Albany, NY, May 4, 2011) – After a significant drop of 15% the week prior, job postings in the region increased this past week, a welcome sign. Postings topped 3630, up from 3400 the week before. While welcome news, postings are still well below last year but above 2009. "The local regional job market is still anemic at best in a period when we should be seeing strong growth. This is consistent with State and national reports indicating that economic recovery has stalled and may be slipping a bit; this type of news will impact employer confidence and therefore, hiring plans, as we are seeing in the numbers", stated Dan Moran, Founder & President of Next-Act (, a career transition management firm located in Colonie. "If one is in the market looking for a job, advice to heed - keep your focus, don't get wrapped up in the numbers and be on your a-game always".

Moran continued, "We continue to see overall job losses in the region, but the good news is that private sector jobs continue to grow. The losses are in the public sector and that trend is forecasted to continue".

Job postings increased in other New York State markets which shows some resilience in our State employment consistent with national reports. It is also important to note that Albany is the smallest market in size when compared to the other markets and continued to outpace with more job postings within an areas of smaller population.

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.

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