Job Market Report October 27, 2011

I wish I had better news - we are in a malaise ...
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For Information: Dan Moran, 518-641-8968
October 26, 2011

Job Postings Down 9% Past Seven Days – Down 23% Since September 1st

(Albany, NY, October 26, 2011) – Job postings dropped again this week after a 10% drop the week before last and being flat the past week. Overall, since September 1st of this year, postings have dropped a sharp 23% during a period when there should be strength in hiring. “This is indeed concerning. The job market specifically in our region is lagging behind and dropping during a normally strong hiring period. Clearly employers in the area have put the brakes on hiring. At this time last year, there were just over 6000 jobs posted in the region; we are down significantly from this with just about 3600 job postings. The recovery we saw last year has clearly fizzled”, stated Dan Moran, Founder & President of Next-Act (www.next-act.com), a career transition management firm located in Colonie. “The good news - while way under last year’s numbers, we are still above 2009 when we were deep in the recession “.

What does this mean to job seekers? “Those in the market need to just keep pushing harder for fewer jobs. The good news is that the market is less competitive than in recent past. However, one must be on their A-game and follow-up, network and network more. Just relying on posted job opportunities in the internet will not work”.

Job postings were up in all other NYS markets. “The situation appears to be regional in nature which is very surprising”. For the first time ever in reporting, Syracuse eclipsed Albany with more job opportunities, 3900 vs. 3600. “In the years I have been reporting this, never before has another NYS market, with the exception of NYC, posting more job opportunities than the Albany Region”, continued Moran.

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