Wednesday, October 5, 2011

Job Market Report October 5 2011

Still sluggish - but better than other areas!

For Information: Dan Moran, 518-641-8968
October 5, 2011

Job Postings Continue Flat – Effect of State Layoffs Appear to have an impact

(Albany, NY, October 5, 2011, 2011) – Job postings, a leading indicator of 30-45 day future hiring , continued to be flat this past week during a period when job postings are expected to, and have, grown over the past few years. Other markets in NYS followed suit with flat results. Postings came in at just about 4400, up 100 from the week before, a very slight change.

“The area was hit with good news and bad news in literally one day – with new Nanotech jobs coming and a threat of 3500 layoffs from the failed PEF State contract that will amount to 1250 layoffs in our Region as the pick slips are counted. Employers reacted as I thought they would – they put the brakes on hiring activity until this sorts out, consistent with past market performance. This comes on the heels of a rather anemic market so the one – two punch isn’t what we want to see right now when we need to see job growth in the region”, stated Dan Moran, Founder & President of Next-Act (, a career transition management firm located in Colonie.

While the news was a bit dim, Moran added, “We, as a region, are doing much better than other parts of the State and most certainly the country. We have been the shining star but we are now feeling the effects of a slower recovering economy. Our unemployment rate is well under the State and national average and that is good. Job seekers need to put the number behind then and keep pushing – while fewer, there are some great jobs in the market right today”.

Albany is the smallest market in size when compared to the other markets outside of NYC and continues to outpace with more job postings.

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:

Dan Moran
President & Founder
Career Management & Transition Specialists
125 Wolf Road, Suite #128
Albany, NY 12205
Office: 518-261-4212
Cell: 518-641-8968
eFax: 586-279-4212

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