Online advertising for vacancies in Health Care and Technical occupations were the only bright spots in an otherwise disappointing job climate, according to information released by the Conference Board for the month of August.
Overall, 2011 is advertised job vacancies fell by 163,900 from July to August, 2011. This drop followed a previous decline of 271,000 from June to July. According to June Shelp, VP at the Conference Board, “Following a very strong first quarter, labor demand has fallen off in the second quarter and into the third quarter [of 2011], reducing the earlier gains.”
Despite the overall soft performance, there were some encouraging results in specific industry sectors. In particular, health care and technology showed increases in the number of online job postings of 26,300 for a total of 513,700. This strength traced to occupations such as: registered nurses, speech-language pathologists, family and general practitioners, and occupational therapists.
According to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment®, (LINE®), the challenges facing employment and recruiting are increasing.
In September, the hiring rate is expected to decline -9.6% in manufacturing and -15.3% in the service sector. This will contribute to the recruiting difficulty. In August, the index for recruiting difficulty rose sharply and increased +15,6% in manufacturing and +14.1% in service.
The full report is available to SHRM members at SHRM.org
The Society for Human Resource Management (SHRM) is the world’s largest professional association devoted to human resource management. Our mission is to serve the needs of HR professionals by providing the most current and comprehensive resources, and to advance the profession by promoting HR’s essential, strategic role. Founded in 1948, SHRM represents more than 275,000 individual members in over 140 countries, and has a network of more than 575 affiliated chapters in the United States, as well as offices in China and India.