Report: More jobs available in July
Wednesday, August 01, 2012 Financial
According to a study from an online jobs site, there was a 4.5 percent increase in open positions during July when compared to June.
In its August 2012 Employment Outlook, Simply Hired revealed that there had been a 9.9 percent increase in job listings compared to the same time last year. However, there are still signs that not enough jobs are being created for a steady recovery, as data indicated there were three unemployed people for every available position.Despite this, Simply Hired CEO Gautam Godhwani said that there was reason to be optimistic.
"With nationwide job openings increasing for the third month in a row, we see an improved outlook for those who are unemployed," said Godhwani. "While there is uncertainty with the nation's slow growing economy and whether the Federal Reserve may stimulate it in the coming months, it's clear that companies across the U.S. are looking to hire in the meantime."
One industry where many are looking to increase staff is the financial services sector. In June, ADP reported that the financial services industry added 11,000 new jobs.
Content provided by executive search organization, MRINetwork.