Managerial Recruitment Activity Takes a Slide of 10.1 Points in September

October 2, 2012 – The CareerCast.com/JobSerf Employment Index, which measures managerial recruitment activity online, took a slide of 10.1 points in September, nearly wiping out the 11.1 point hiring gain achieved last month. The Index has remained stable over the past year and is 35.1 points higher than it was in September 2009. Cities active in the automobile industry were the biggest gainers in managerial hiring this month. St. Louis, Indianapolis and Detroit all added white-collar jobs in September. The automotive industry has added nearly 60,000 jobs from a year ago, and over 125,000 since bottoming out in July 2009, with September serving as the latest positive month for employment growth, according to the U.S. Bureau of Labor Statistics (BLS). “The auto comeback can be seen in the per capita hiring increases in cities with major Big 3 plants and suppliers,” said JobSerf CEO Jay Martin. “Detroit, Indianapolis, St. Louis, Nashville and Louisville have had a 41% higher increase than the rest of the nation compared to January 2010, and Detroit’s per capita hiring improved an impressive 98 percent higher than the average for the nation.”

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