Employment turnaround across major industries

Indeeds Industry Employment Trends show that 10 of the 12 major industries had more job openings in February than a year ago.

Core Facts

Construction and healthcare are now the only industries that have fewer jobs than a year ago.
Hospitality is the fastest growing, showing 44% growth over the last year.
The industries with the greatest year-over-year growth are Hospitality, Retail and Real Estate improving 44%, 35% and 33% respectively.
Financial Services/Banking and Accounting both crossed the threshold into positive growth for the first time in over a year. Education, Information Technology, Manufacturing, Media/Newspaper and Transportation round out the list of industries showing positive growth.
Healthcare, the industry with the most job listings, still hasnt returned to its February 2009 level, but has shown a rise in job postings during the first two months of 2010.

Company information

Indeed is the #1 job site worldwide, with over 50 million unique visitors and 1 billion job searches per month. Indeed is available in more than 50 countries and 24 languages, covering 94% of global GDP. Since 2004, Indeed has given job seekers free access to millions of jobs from thousands of company websites and job boards. As the leading pay-for-performance recruitment advertising network, Indeed drives millions of targeted applicants to jobs in every field and is the most cost-effective source of candidates for thousands of companies. Indeed is a privately held company founded by Paul Forster and Rony Kahan, with investors including The New York Times Company, Allen & Company, and Union Square Ventures. Indeed has offices in Austin, TX, Mountain View, CA, and Stamford, CT. For more information please visit www.indeed.com.

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3rd March 2010