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U.S. Job Creation Stagnant in August, Yet Some Industries Maintain Strong Hiring Activity

September 8, 2011 12:15 by Ann Pace

(Business Wire)--Beyond.com, the premier Career Network focused on helping people grow and succeed, today released its first Employment Data Report, which provides a timely assessment of recent economic and political events that have had an impact on the employment world. Released in conjunction with Beyond.com’s recently released Second Quarter 2011 Career Trend Analysis Report, this first Employment Data Report examines job posting volume from January 2011 to August 2011, compared with the Bureau of Labor Statistics (BLS) unemployment rates.

The Employment Data Report explores the possibility that the U.S. could face a double dip recession and considers the role of political events and economic instability on the job market. After an encouraging start to the year, unemployment numbers have continued to rise as the economy failed to add as many jobs as expected in June and July. During that same period, the nation’s economy has been threatened by a debt crisis and the subsequent Standard & Poor’s (S&P) credit downgrade.

In spite of the obvious challenges, the Employment Data Report notes some industries that increased hiring activity in the second quarter, including Healthcare, Sales & Sales Management, Merchandising, Purchasing & Management and Information Technology. The report also highlights some new job titles that have emerged, particularly in the IT and Environmental fields, as a result of new technologies and demands.

Read more.


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