Good signs!

We continue to see some good signs in the market when it comes to increased activity in the job market. While the general sentiment is that “we’ve still got a ways to go” – we’re seeing more positive reports lately than we have in some time.

One newsletter I subscribe to is the Electronic Recruiting Exchange, and I’d like to share an article posted there recently. This article talks about the spike in online job postings in May – an increase of 250,000 jobs posted over April! Please also check out the “Recruiter Confidence Index” – it’s the highest it’s been in a year and has gained 4 straight months. http://tinyurl.com/ncxxva

Another ERE article focuses on the reports last week you may have already seen – that there was a dramatic “slowdown” in job losses – something that was unexpected. While the unemployment rate continued to grow, the numbers of jobs lost were a welcome sign. Hopefully it’s yet another sign of the recession bottoming out: http://tinyurl.com/mt468n.

We also saw a DECREASE in unemployment here in MN from March to April! http://www.deed.state.mn.us/lmi/Home.htm

Hopefully these are all trends that will continue as 2009 rolls on!