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How Did the Philadelphia Job Market Fare in August 2010?

Interested in what’s happening with the job market in your neck of the woods? Well, if you’re from the Philadelphia area, you’re in luck—Beyond.com CEO Rich Milgram, shares how the job market in the Philadelphia area fared in the month of August and what he predicts the market will look like for the area in the coming months.

PhillyJobs.com is part of the Beyond.com Network that is made up of thousands of niche career communities based on industry as well as geographical location. If you’re interested in finding out more about your area of interest? Just ask, we’re happy to help. In the meantime check out what Rich had to say about the Philadelphia job market—find out everything from the hottest job titles, top ten industries, what’s happening with entry level jobs, and much more.

 

Beyond.com Reports More Than 48% of Industries Experienced a Quarterly Gain in Jobs in Second Quarter 2010

Beyond.com, Inc., the world’s largest network of niche career communities, today released its Second Quarter 2010 Career Trend Analysis Report, which revealed more than 48 percent of industries experienced a quarterly percentage gain in online jobs posted, signifying a healthier economy leading into the second half of the year.

The U.S. Bureau of Labor Statistics reported the unemployment rate was unchanged in the month of July, holding at 9.5 percent. However, Beyond.com’s data indicates the job market is showing slow and steady signs of a recovery and hard-hitting sectors such as retail and travel are beginning to expand once again. 

According to the Beyond.com quarterly report, which gathers information across thousands of top-tier industry and local career sites, more than 73 percent of employers were looking for full-time employees, an increase of 12 percent from the previous quarter.  Healthcare and Medical represented the largest percentage gain in overall jobs posted (5.57 percent), followed by Sales and Sales Management with 2.24 percent.   

Jobs continued to grow into July, increasing by 1.17 percent over June.  In July, entry level positions showed the largest increase of 39 percent and Merchandising, Purchasing and Retail jobs representing the largest jump among industries with an increase of 137 percent.  Customer Service had the next largest increase (77 percent) and Travel, Hospitality and Restaurant following behind (41 percent).  This is a positive sign to see, especially since some of these industries had dropped during the previous quarter. 
 

 “We are excited to see job numbers continuing to grow and hard-hitting sectors beginning to rebound,” said Rich Milgram, CEO of Beyond.com, Inc. “In June, we spoke to hundreds of HR managers during an industry conference and were excited to hear about their plans to hire in the months to come.  We expect to report slow and steady job growth into next quarter.”

To view the complete Career Trend Analysis Report and Industry Outlook Reports for second quarter 2010, please visit http://www.Beyond.com/Media/QuarterlyReports.asp.

Hear more highlights from Beyond.com CEO, Rich Milgram on the Q2 2010 Career Trend Analysis Report…

July 2010 Employment Numbers to Remain Steady and Stable

Beyond.com CEO, Rich Milgram says that we shouldn’t expect much of a change when Friday’s July Job Report comes out.  Check out what else Rich had to say about jobs in July.   

Government & Military Jobs Thrive As Obama Takes Office

In a time when many industries are declining as a result of the poor economic conditions, it appears as though Government & Military jobs are continuing to thrive. According to the December 2008 Milgram Report, this industry experienced a 33.63% increase in the number of jobs in December 2008 when compared the number of jobs posted in November 2008.

On the flip side, the report indicated that Military & Government Resumes declined by -13.31% in December 2008 when compared to the number of resumes posted in November 2008.

There could be many reasons these transitions in the Government Sector, most notably, the fact that President Barack Obama just took office this week. In any election year, it is expected for there to be many job turnovers, especially when there is a change of party in the White House. 

November Milgram Report Now Available

As can be expected with any time of economic downturn, there has been a 13.87% decrease in the total number of jobs posted in November 2008 when compared to the number of jobs posted in October 2008, according to the November Milgram Report.

The monthly Milgram Report highlights key recruitment trends and statistics related to online jobs, resume postings and salary information collected from the Beyond.com Network of thousands of geographic, industry and specialty sites.

The category that experienced the largest percent decrease in jobs was for candidates with 10-15 years of experience with a 43.42% decrease over the previous month.  However, every category of jobs by experience level reported a decline in jobs in November 2008.

Jobs for Candidates with 1-3 Years of Experience on the Rise

Beyond.com recently published the October 2008 Milgram report, which reveals interesting statistics and data collected from the Beyond.com network of thousands of niche career communities.  Here are a few of the key findings:

• In October 2008, jobs for candidates with 1-3 years of experience increased by 3.68% when compared to jobs posted in September 2008.  This was the only category of jobs by experience level that did not decrease over the previous month.
• Salary expectations increased for all candidates over the previous month despite the declining economy.  Candidates with 1-3 years of experience had the most significant increase in salary expectations with 1.73%
• Chicago, IL. experienced a 10.39% decline in jobs, and a 12.45% increase in the number of candidates who posted resumes in October 2008.

One conclusion that can be drawn from the October Milgram Report is that young, fresh talent is still in demand.  Although jobs for most seasoned candidates are steadily declining, employers are still looking for candidates with 1-3 years of experience.  While there could be many reasons for this trend, one likely conclusion is that entry-level candidates add value to an organization, without the hefty price tag.

I also found it interesting that salary expectations increased over the past month despite economic uncertainty.  This will likely be short-lived as many professionals come to the realization that the economic recession may last longer than anticipated, giving them no other option but to take whatever salary they can get.
 
View the full Milgram Report.  Feel free to let me know your thoughts on some of the recent findings.

September Milgram Report Now Available

The monthly Milgram Report provides a snapshot of what is going on in the recruitment industry based on analyzing data from the Beyond.com network of thousands of niche career communities.  As the American economy heads into a recession, many professionals are worried how it will affect their industry or if they could lose their job as a result. The September Milgram Report reveals some interesting findings on the current job market, giving professionals a better idea of what they can expect in the upcoming months:

August Milgram Report Available

Beyond.com, the world’s largest network of niche career communities is pleased to present The Milgram Report for August 2008. The monthly report highlights key recruitment trends and statistics related to online jobs, resume postings and salary information collected from the Beyond.com Network of thousands of geographic, industry and specialty sites.

Willing to Work for Less?

It appears as though many candidates are willing to take a job for less money than they had once expected. With the economy continuing to decline, many job seekers may be feeling the pressure to reduce their salary expectations to help land a job in this tight job market.