After dropping like a rock during the first few months of the year and staying there through May, job openings have increased 8.59% nationwide since May 31, according to analysis released by BestandWorstStates.com. This is encouraging news and reinforces the view that employment dynamics are improving from their lows. While a significant rebound, it should be viewed with caution as job openings are still 1.57% below late January levels, just prior to the stimulus package being passed. Total job openings are not high enough to make a significant improvement to the jobless rate which was released this week to be a slightly improved 9.4%. For a complete list of state job opening activity see previous post List of Job Openings by State
For our lastest post on Best and Worst States for Jobs go to Which States had the Best Employment Markets in 2009? Will 2010 Job Market Improve?
Good News Front:
Job openings increased nationwide 8.59% from May 31, 2009 from 210,048 to 231,370 on July 31, 2009. This increase is quite significant with 44 states showing increases during the past two months. The Top States for Jobs were mostly small states. Indiana was a notable large state on the Best State for Jobs list with a 18.14% increase in job openings during the last 60 days. Most of the Best States for Jobs have below average unemployment rates. The number of job openings in many of these states are quite small. Many of these small states would be Best States for Jobs if you are looking for employment however. For the complete Best States for Jobs List see
Best States for Jobs (Per Cent Increase in Openings)
|Rank||State||Job Growth%||Jobless%||#Job Open|
Not so Good News:
Job openings have decreased 1.57% since the end of January nationwide even though 30 states have more job openings than in January. The Top Ten US States according to population have shown a 4.1% decrease in job openings. California, the US largest state, has 9.3% lower jobs available than in January. With a 11.6% jobless rate, California appears to be a poor state for job seekers. Illinois is also a Worst State for Jobs with a 14.2% drop in openings along with a 10.5% unemployment rate. The US unemployment rate will not improve significantly without the Top Ten States also improving as these states have about 50% of the US population.
|#Jobs Open 7-31||Change||Job Growth%||Jobless Rate||Population|