Thursday, October 10, 2013

Job Market report - 10 9 13 - Shutdown having a strong effect!

October 9, 2013

For Immediate Release
For information: Dan Moran, 518-641-8968

Job Market Slumps – Appears fears related to Government shutdown taking hold

Albany, NY,  October 9, 2013) –  After a very strong week last week for jobs in the region on top of strong results in the most recent weeks, the market cooled slightly significantly on all fronts – regionally, statewide and nationally.  “Analysts are reporting that employers may be holding off on hiring activity until they see how the whole government shutdown plays out, and what happens with the Affordable Health Care Act. The market, when faced with uncertainty, tends to pause – much as the stock market has, and we can likely expect this to continue until there is some resolution”,  stated Dan Moran, of Next-Act (, a career transition management firm located in Colonie.

Postings in the region were 1825, down from 2170 the week prior, a close to 16% drop which is rather significant.  “ We hope this is very situational as employers have forecasted a strong 4th quarter of the year for hiring. A long-term disruption like this could have very negative consequences. Let’s hope that employers do not lose confidence”.

Other markets in NYS posted similar results down results this past week.  The Capital Region continues to still outpace Buffalo, Rochester and Syracuse, all larger markets with more employers and population.  

National Job Scene

Nationally the market took a rather step 19% dive from 619,000 down to 560,000 the past week. “This is a very concerning number nationally”.

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. 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.

Dan Moran
President & Founder
Career Management & Transition Specialists
Corporate Management Services
Celebrating 25 years providing career & corporate management services in 2013!
125 Wolf Road, Suite #128
Albany, NY 12205
Phone: 518-641-8968
eFax: 586-279-4212
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