Job Market Remains Flat But At Strong Levels – Labor Day Holiday will affect market
(Albany, NY, August 28, 2013) – As the Region approaches the Labor Day holiday, job postings are down very little in the capital region, across the State and even up slightly nationally. “ The holiday will tend to put a damper on hiring activity for a week or so – but all indications are that the Fall will be very, very strong for jobs. Forecast from all sources are consistent – employers will hire more employees in the second half of 2013 – now – that in the first half. Jobs are abundant in all sectors in our region as well, stated Dan Moran, of Next-Act (www.next-act.com), a career transition management firm located in Colonie.
Job postings the past seven days were 1830 compared to 1990 the week before – a very little change. “Our market is still showing consistency and strength”.
Other markets in NYS posted similar slightly-lower results. The Capital Region continues to still outpace Buffalo, Rochester and Syracuse, all larger markets with more employers and population.
One Trend Causing Concern – More Hires are Part-Time vs. Full Time
In many markets in the nation (not necessarily the Capital Region), a significant percentage of hiring has been for part-time jobs. “It appears that companies are filling what were full-time jobs with part time workers and analysts feel this is the result of potentially significantly higher costs of health insurance as the result of the Affordable Health Care Program. Part-time workers are exempt from the requirement to provide health insurance and therefore, protects a company from this cost which is still an unknown. “This trend will likely continue until employers know the full cost of mandated health insurance”.
National Job Scene
On the national level, job postings were up very at about 564,000 compared to 563,000 the week.
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. In 2013, his firm will celebrate 25 years in business. 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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