There has been a lot of talk about various indicators including the GDP report, unemployment rate, number of jobless claims, stock prices, etc. to determine whether or not the recession is over or not. But it’s hard to say for sure when we’re really out of the recession until we’re looking back on it.
Not to throw any more indicators out there, but Simply Hired collects and compiles a large amount of data in regards to one of the factors of the recession that may affect you the most directly: employment trends. Looking at Simply Hired’s trends data, you can see that while there are many industries that have been hit hard during this recession, many are faring well.
While employment in the private sector has been decreasing, government jobs have steadily increased since the recession began in December 2007. Despite about 50,000 state and local government jobs lost, over 110,000 have been added, most likely due to the federal stimulus program. Simply Hired trends data shows that government jobs have increased 41% overall since the beginning of the recession with a break down of federal jobs increasing 66%, state jobs increasing 30% and local jobs increasing 20%. (For some more info on government job trends, you can read this report by the Nelson A. Rockefeller Institute of Government.)
|Federal, State, County, City, Local, Government trends||Federal jobs | State jobs | County jobs | City jobs | Local jobs | Government jobs|
Other industries that have been faring well include education, transportation and healthcare. Education jobs have increased 9% since December 2007 (teacher jobs specifically have increased 83%), transportation jobs increased 25%, while healthcare jobs jumped up 110% since the beginning of the recession.
To find out how your industry is faring, use Simply Hired’s employment trends.