CareerCast.com/JobSerf Index Shows Steady Job Rebound

March 29, 2012 – The CareerCast.com/JobSerf Employment Index, which measures managerial recruitment activity online, gained 9.9 points over last month, its highest peak since the Index launched in 2008. Now standing at 116.9 points, the Index has increased 72.8 points over March 2009, when it stood at 44.1. “The past two months have shown a steady rebound in the job market,” said Tony Lee, publisher of CareerCast.com. “If the upward trend continues, executives who have been out of work or seeking a change, will have an easier time finding suitable employment.” Seven cities saw double digit increases this month: Memphis (+14 percent), St. Louis (+13 percent), Tampa (+12 percent), Los Angeles (+10 percent), Miami (+10 percent), San Diego (+10 percent), and Nashville (+10 percent). Only three cities saw a loss in managerial hiring in March, and all of them had double-digit gains in February. Detroit, which had a loss of seven percent in March, saw a gain of +19 percent in February. Milwaukee (-five percent in March) was up by 15 percent in February, and Cleveland (-three percent) was up 16 percent in February.