142,000 jobs were added in September, one of the lowest numbers in recent months. Even with this modest showing the unemployment rate remained at its seven year low of 5.1%, though this was due to a record 94,610,000 people of working age not being active in the labor force last month.
The trend toward a sluggish national picture looks to actually have started in August, as a revised employment report revealed job creation was only at 136,000 positions added – not the previously estimated 173,000. The economy appears to be suffering the effects of a manufacturing sector depressed by the strong dollar, reductions in energy investments due to low oil prices, and decreased spending as a result of slightly lower wages.
Despite a disappointing month the impending holiday season looks like it will have a positive effect on the overall economy, especially in the warehouse and transportation industries.
Hiring Forecast Winners – October 2015
Business Support Services
As predicted, administrative hiring continued its growth this month. Perhaps the recent boom in hiring is the result of extended job-fill periods finally reaching their conclusion.
Top 5 Cities for Business Support Services Hiring Demand:
- Los Angeles, CA
- New York, NY
- San Diego, CA
- Chicago, IL
- Boston, MA
Construction
Single family homes and government projects drove construction last month, and industry spending increased to reach a seven-year-high. Home construction is expected to expand further over the coming months.
Top 5 Cities for Construction Hiring Demand:
- Cincinnati, OH
- Houston, TX
- New York, NY
- San Francisco, CA
- Dallas, TX
Insurance carriers and related activities
The upcoming changes to the Affordable Care Act mandate will affect Small to Medium Sized businesses most prominently, and growth in the insurance industry seems to be a result of their increased need for assistance in complying with regulations.
Top 5 Cities for Insurance Hiring Demand:
- New York, NY
- Chicago, IL
- Atlanta, GA
- Detroit, MI
- Memphis, TN
Warehousing and storage
Growth in the warehousing industry seems to be a direct cause of the need for extra packing and shipping help around the holidays. The anticipatory expansion shows confidence in a robust economy over the coming months.
Top 5 Cities for Warehousing and Storage Hiring Demand:
- Dallas, TX
- Chicago, IL
- New York, NY
- Los Angeles, CA
- Peoria, IL
The Top Cities for Hiring Demand
1. Atlanta-Sandy Springs-Marietta, GA: +.14%
With substantial back-to-school job growth and its lowest unemployment rate since May 2008, Atlanta could be poised for a return as a leader in national job growth. Education and construction topped the city’s leading industries for hiring last month.
2. Detroit-Warren-Livonia, MI: +.11%
Detroit’s success is driven by its manufacturing sector, despite a strong dollar and decreasing global demand. Although it me be declining in the national economy, manufacturing is still larger overall than many booming industries. Though may be unlikely to bounce back across the nation, but manufacturing remains a strong job creator in established markets like Detroit’s.
3. Columbus, OH: +.08%
While Ohio’s overall economy is weighted by a skills gap in its manufacturing sector, Columbus is showing strongly due to a diversified economy and constant stream of educated workers graduating from Ohio State.
See job openings in Columbus »
4. Cleveland-Elyria-Mentor, OH: +.05%
Cleveland also defied Ohio’s overall economic picture with a rebounding real estate market and decreases in joblessness. Recently, the city seems to be turning their focus to tech.
See job openings in Cleveland »
5. Boston-Cambridge-Quincy, MA-NH: +.04%
Boston’s established healthcare and education sectors, as well as its position as a growing tech hub, maintain the city’s prominent economic standing.
6. Nashville-Davidson-Murfreesboro-Franklin, TN: +.04%
Our prediction of Nashville’s growth during this period due to a burgeoning biotech sector seems to be coming true. In addition to tech and healthcare, Nashville is also experiencing a favorable economic climate due to its participation in international trade.
See job openings in Nashville »
7. Memphis, TN-AR-MS: +.03%
Tennessee looks to be in good standing this month, with both Nashville and Memphis showing recent growth. Memphis owes its economic health to rising employment in production and transportation.
8. St. Louis, MO-IL: +.03%
Increased hiring demand in St. Louis points to continued expansion after they reached a six-year-high in economic growth last year.
See job openings in St. Louis »
9. Indianapolis-Carmel, IN: +.03%
Growth in Indianapolis is due to a diverse economy, and is bolstered both by major corporations and small businesses supported by state and local government incentives. Tourism reinforces the city’s bottom line as well.
See job openings in Indianapolis »
10. Louisville/Jefferson County, KY-IN: +.03%
While healthcare currently leads growth in Louisville, it looks like it may be poised for expansion in the startup scene – the city placed on a list of the ten most affordable cities in which to start a business earlier this week.
See job openings in Louisville »
The ZipRecruiter National Jobs Report measures current and leading edge demand for employees across fourteen key industries by measuring relative month over month percent changes using the following benchmarks:
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- Current Active Jobs – Our representative sample of millions of job postings provides an overview of existing demand for new employees (as opposed to hiring numbers), which provides a snapshot of the previous month’s hiring.
- New Jobs – Our representative sample of new job postings provides insight into current and upcoming demand, next month’s hiring numbers, and a predictive look at the demand curve for new employees across twenty-one industries.
- Employer Demand by Metro – We have further broken down these numbers to provide insight into current and upcoming demand for new employees across metropolitan areas nationwide.
- Key Indexed Industries are: Accommodation and Food Services, Business Support Services, Construction, Educational Services, Employment Services, Financial Activities, Health Care, Insurance Carriers and Related Activities, Management of Companies and Enterprises, Manufacturing, Motor Vehicle and Parts Dealers, Repair and Maintenance, Retail Trade, Warehousing and Storage.
