October 16, 2013 For Immediate Release For information: Dan Moran, 518-641-8968 dmoran@next-act Job Market Continues Slump – Unrest in Washington continues to be the cause Albany, NY, October 16, 2013) – Job postings continued to be in a slump, but the good news – the numbers are steady but still down. “It appears that the lingering fears and uncertainty about the government shutdown and debt ceiling were weighing heavy on decisions to continue hiring. With some level of resolve even short-term, we may see an upswing – but difficult to forecast as we could, as well, stay in a slump until final resolve. This, combined with uncertainty over the Affordable Health Care Act is having a negative effect on hiring, as forecasters predicted”, stated Dan Moran, of Next-Act (next-act), a career transition management firm located in Colonie. “While the numbers are flat, our Region is doing much better with jobs than other markets in NYS and compared to markets of similar size across the Northeast. Our Region is still the shining star for sure, fueled by growth of the technology sector”. Postings in the region were 1,893, up very, very slightly from 1825 the week prior. This comes on the heels of a sharp 16% decline the week before last which was rather significant. Other markets in NYS posted similar results flat results this past week. The Capital Region continues to still outpace Buffalo, Rochester and Syracuse, all larger markets with more employers and population. National Job Scene Nationally the market is as well flat with 547,000 job postings reported. This is also on the heels of a steep 19% dive the week prior when postings were 559,000 and 619,00 two weeks ago. _____________________________________________________________________________________
Posted on: Fri, 18 Oct 2013 10:27:38 +0000
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