Index Gains Momentum in August

August 30, 2012 – The Employment Index, which measures managerial recruitment activity online, rose 11.1 points in August, rebounding after a downturn in hiring last month. The Index has gained positive momentum and is 33 points higher than it was in August 2009. While August is typically a slow hiring month with many executives taking summer vacation, overall the job market is fairly strong. Hiring activity in Hartford was up eight percent in August, while Baltimore saw a gain of seven percent, followed by six percent gains in Los Angeles and Boston. “The nation has flirted with an improved hiring market repeatedly this year, and each time we take two steps forward, we seem to then take a step back,” said Tony Lee, publisher of “Hopefully, we’re moving to a new level of activity that will sustain for a while.”

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