Multiple sectors see double-digit job growth

After a seasonal adjustment, the manufacturing, educational services and health care sectors all experienced month-over-month double-digit job growth, according to the December Job Opportunity Report by Bullhorn, an employer software manufacturer.  

Based on the job openings data, Bullhorn can predict the upcoming numbers from the U.S. Bureau of Labor Statistics’ Employment Opportunity Index that that is set to release Feb. 3. By then, Bullhorn expects that there will be an additional 170,000 jobs in January 2012 to mark another month of growth.

"We are seeing a steady increase in job opportunity across regions and sectors, which is very welcome news," says Art Papas, CEO of Bullhorn. "We are predicting that, in general, 2012 will be a better year for job seekers."

Of these industries, the manufacturing industry saw the most growth with a 43 percent increase, the report finds. The utilities industry, however, faced the greatest losses with a 30 percent decline in new jobs. According to the year-over-year view, there were gains in nearly each sector. The arts, entertainment and recreation sector topped the year-over-year growth at 203 percent while public administration was down by 64 percent.

The report shows that the Southwest saw the smallest drop with a 15 percent decrease month-over-month in new job openings, and the Mid-Atlantic added the fewest new jobs for a loss of 23 percent. Year-over-year, however, offers a better outlook with gains in all six regions. The Midwest had the most gains with a 53 percent increase in new job openings. This data is not seasonally adjusted, which is the main factor in the month-over-month drop.

 

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