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CareerCast.com/JobSerf Employment Index Reaches 2-Year Peak

CareerCast.com/JobSerf Employment Index Reaches 2-Year Peak

Louisville, Hartford and Memphis Show Hiring Gains

The new March 2011 CareerCast.com/JobSerf Employment Index rose to its highest level since January 2008, reaching 109.5 points, a 5.2 point gain over last month and a 65.4 point gain over March 2009. The Index, which measures managerial hiring activity online, has shown gradual growth since December 2010.

It is heartening to see sustained hiring activity over the past few months, says Jay Martin, COO, JobSerf. There were 2.5 times as many jobs in March as there were a year ago."

Louisville, with a 15% gain, was the leader in job growth this month, followed by Hartford (9%) and Memphis (8%). San Francisco, Detroit, and Nashville each showed modest gains of 6% in March.

Hiring activity stalled in some cities with losses of -8% in Los Angeles, -6% in Miami, and -5% in Minneapolis, Atlanta, San Diego and Riverside.

Hiring activity saw a major upswing this month, and were hopeful its a sign that weve really turned the corner, says Tony Lee, publisher, CareerCast.com. Our Index is mirroring other reports being released about the state of the job market, which is very good news for managerial candidates looking for new jobs.

The CareerCast.com/JobSerf Employment Index per capita hiring levels for U.S. cities in March are:

1. Washington, DC 163
2. Boston 140
3. San Francisco 127
4. Seattle 106
5. Atlanta 86
6. New York City - 81
7. Baltimore 80
8. Chicago 79
9. Denver 74
10. Philadelphia - 67
11. Cleveland 66
12. Nashville 66
13. Dallas 63
14. Hartford 62
15. Louisville - 62
16. Milwaukee 59
17. Pittsburgh 57
18. Minneapolis 56
19. San Diego 56
20. Houston 54
21. Indianapolis 51
22. Cincinnati 50
23. St. Louis 50
24. Phoenix - 49
25. Miami 46
26. Los Angeles - 45
27. Tampa 44
28. Memphis 40
29. Detroit 36
30. Riverside 20

The CareerCast.com/JobSerf Employment Index is an exclusive barometer showing managerial hiring activity based on the number of jobs posted online nationally. The Index reveals the differences in job listings by month, and offers valuable trends and forecasts using proprietary employment data hand-counted by a team of researchers.

To read the full report and get more information on the best and worst cities to find a job, visit www.careercast.com/career-guidance/employment-trends

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