Thursday, September 19, 2024

Online Job Demand Rising Again

Monster.comThe number of online jobs went up according to the Monster U.S. Online Jobs Index. The increase marked the end of a three-month decline, indicating that employers are preparing for the fall hiring season. In August, online job availability went up in 14 of the Index’s 20 industry categories and in 13 of the 23 occupational categories measured. Still, the index is 14% lower than it was a year ago.

Big areas of growth in online job demand were the utilities industry (which registered the largest monthly increase), education, training, and library occupations, and healthcare. The biggest gains on a yearly scale, however, come with the public administration and agricultural industries. Farming, fishing and forestry had the sharpest decline for the month, while information, professional, scientific, and technical services saw the sharpest year-to-year decline.

“On the upside, the Index’s overall annual growth rate remained steady, suggesting no major change in underlying nationwide demand for labor compared to July,” stated Jesse Harriott, Vice President of Research at Monster Worldwide.

Jobs Index
The Index over the past year

While online job demand in all nine U.S. Census Bureau regions was down for the year, seven out of those nine saw growth over the month. The biggest growth came from the West North Central region. This is attributed to the aftermath of flooding. Online job demand increased in 40 states and the District of Columbia. At the city level, the Index monitors 28 U.S. metro areas. Eight of those saw an increase in online recruitment activity. Boston showed the biggest increase, and San Diego saw a nice one as well.

The Index has a ways to go before it reaches where it was a year ago, but this might be the beginning of an upward trend.

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