EmploymentCrossing Stats Project a Strong Job Market; Report Confirms

August 01, 2008   |    PDF version

Pasadena, CA — While everyone is eagerly awaiting the government’s employment report for the month of July, EmploymentCrossing projects a slight improvement in the July job market. Although the economy remains weak, EmploymentCrossing (www.employmentcrossing.com) added more than one million new jobs in July. EmploymentCrossing, a cutting-edge job board, uses an extremely powerful research algorithm to find each and every job opening it possibly can from all industries.

''EmploymentCrossing is a job research institution. Our in-depth research gives job seekers access to the hidden job market,'' says Harrison Barnes, CEO and founder of EmploymentCrossing.

Despite the market expectation of a loss of 50,000 to 60,000 jobs in July, the latest ADP National Employment Report states that the employment rate in the private sector increased by 9,000 jobs in the last month. The report gives credit to the service industry for bringing in more jobs in July. Although total employment in the construction industry dropped by 16,000, this was the smallest decline in recent months. Additionally, the finance sector, which was hit hard by the mortgage crisis, saw an increase of 4,000 jobs. However, the goods-producing and manufacturing industries suffered from consecutive monthly job declines.

Barnes feels that smart job seekers can use the current scenario to their advantage. ''While the number of jobs available in the market is declining, there are thousands of opportunities if the job seekers know where to look. Finding those opportunities is all EmploymentCrossing does. EmploymentCrossing is a research company, and our only job is to research opportunities for job seekers,'' says Barnes.

EmploymentCrossing has a dynamic research team comprised of hundreds of professionals who search for job openings from every possible resource, including career websites, employer websites, newspaper classified sections, local magazines, and many more. Additionally, EmploymentCrossing does not charge employers to post jobs on its site, which gives job seekers access to a broader range of available positions, including those not listed on other job boards or in classified ads.

The following top industries account for the most jobs on EmploymentCrossing:

• Healthcare (216,536 jobs)
• Management (203,307 jobs)
• Information technology (156,956 jobs)
• Sales (132,860 jobs)
• Engineering (116,306 jobs)

Forecasts by various economists suggest that July will see something close to a repeat of the June unemployment figures. Action Economics predicts that payrolls should fall by 60,000, while the unemployment rate is expected to hold steady at 5.5%. EmploymentCrossing, meanwhile, has increased its efforts to scour through every possible resource and consolidate all current job openings in one convenient location. The company aims to continuously support job seekers in this difficult job market.

EmploymentCrossing currently has more than two million active jobs in its database, and that number is expected to get an additional boost in the coming weeks. For more information on EmploymentCrossing, please visit www.employmentcrossing.com.

Contact:
Mary Waldron, Editorial Coordinator
EmploymentCrossing
626-243-1821
maryw@employmentcrossing.com

About EmploymentCrossing:
EmploymentCrossing is the largest portal to employment opportunities in the world, seamlessly bringing job seekers and employers together throughout the career cycle. The company continuously monitors the hiring needs of 250,000-plus employers. EmploymentCrossing is an umbrella company with more than 90 industry-specific job boards that aim to gather and post all current and active job listings.