Dr. Jobs

EMPLOYMENT OUTLOOK and USA JOB MARKET NEWS

  • Nationwide hiring  increased for the fourth consecutive month, up 5.9% month-over-month and 10.0% year-over-year.Positive job growth is anticipated through the end of the year as the result of further seasonal hiring for Thanksgiving and Christmas Season.
  • All major metropolitans experience job growth. Top  50 metros saw positive month-over-month growth in October. 47 of 50 metros also reported positive year-over-year growth. Job competition remained similar to last month; Miami & Fort Lauderdale and Las Vegas held stable as the most competitive metros for job seekers, both with an 8:1 job competition ratio.
  • Strong hiring in transportation. Transportation sector posted a 45.7% month-over-month and 108.1% year-over-year increase Ten of twenty-two industries reported declines in hiring this month, compared to only five last month.

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