BOSTON, Dec. 13, 2011 /PRNewswire/ — Bullhorn today released its November Job Opportunity Report, which benchmarks new job openings by region and sector to identify bright spots in employment. According to Bullhorn’s data, the Mid-Atlantic (eight percent) and Midwest (one percent) experienced month-over-month growth in November, but year-over-year, all regions have shown gains. By sector, the retail trade industry gained the most month-over-month, with a 31 percent increase in new job openings. [NOTE: The Bureau of Labor Statistics Job Opportunity and Labor Turnover Survey data also issued today show job openings in October 2011, while Bullhorn’s data reports on job openings added in November 2011.]
Looking across its job openings data from the past year, Bullhorn can also project the upcoming data from the BLS Employment Opportunity Index that will be released on January 2, 2012. Bullhorn predicts that the U.S. economy will add 130,000 jobs in December 2011, continuing the positive trend.
“We’ve seen some positive numbers over the last few months, and while they are not the watershed numbers we all are looking for, they are on an upward trajectory,” said Art Papas, CEO of Bullhorn. “The Bullhorn Job Opportunity report shows some nice gains across the country year-over-year, and looking ahead, we see this as a positive sign and expect the BLS Employment Opportunity Index to come in adding another 130,000 jobs in December.”
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By Tim Spagnola
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