CareerCast.com/JobSerf Index Drops in April

April 30, 2012 – The CareerCast.com/JobSerf Employment Index, which measures managerial recruitment activity online, dropped by 15.6 points in April, following a steady rise over the past two months. Now standing at 101.3 points, the Index has increased 59.9 points from April 2009, when it reached an all-time low of 41.4. Only three cities saw increased hiring this month: Louisville (+six percent), Nashville (+three percent), and Seattle (+three percent). The cities that saw the greatest hiring losses in April were in the East, including Washington, D.C., which was the big loser with a drop of eight percent, followed by Baltimore and Cleveland (-six percent) and Hartford (-five percent). “Aside from the gains in Louisville, Nashville and Seattle, nearly every city lost some ground in managerial hiring this month, except for Houston, Boston and New York City, which remained the same,” said Jay Martin, COO, JobSerf. “The Northeast was the biggest loser, with Washington, D.C., Baltimore, and Hartford seeing large decreases.”

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