(PRWEB) -- The local online ad research, strategy and consulting firm of Borrell Associates has announced the best and worst industries for job openings in 2010 in conjunction with its new report, "Recruitment Advertising Outlook 2010: A Jobless Recovery." Leading the list in job openings is the Transportation, Warehousing and Utilities industry with a forecast growth of 31.6 percent over 2009. At the bottom of the list is Financial Services, which will lose an estimated 12.1 percent of its job openings.
"Changes in job openings are spread unevenly across the major sectors," said Kip Cassino, vice president of research for Borrell Associates. "The landscape will be very different over the next few years and a full job recovery probably won't come until 2012."
Borrell Associates estimates that there will be seven job seekers for each one of the 2.9 million job openings projected for the U.S. this year.
The report also forecasts that online ad spending for recruitment will increase slightly to $5.7 billion in 2010 representing a 7.4% increase over 2009, but far from the $6.7 billion spent in 2007. It won't be until 2012, when online advertising for jobs reaches $7 billion, that a recovery will take place. "We have stepped up our local job advertising reports and increased our sales training services for local media sites to capture this revenue due to the coming increases we forecast by 2012 and beyond," said Peter Conti, executive vice president of Borrell Associates.
Read the full release.
Tags: jobs, new economy, recruitment, employment
Categories: News