In May, job openings were up 3.2% month-over-month and 38.4% year-over-year. Nationwide, job competition decreased from three unemployed persons to two unemployed persons for each job opening and 15 out of 50 (30%) metro areas saw improvements in job competition.
Job openings increased in all 50 major metros in May with Sacramento, CA (6.6%), Greensboro, NC (6.0%), Salt Lake City, UT (5.8%) and Birmingham, AL (5.8%) experienced the largest gains month-over-month. Job competition also decreased with the ratio of job seekers to job openings dropping in 15 out of 50 (30%) metro areas, including Minneapolis, Orlando, Austin and Dallas.
Job openings increase in 16 out of 18 industries in May, with automotive (19.3%) and agriculture (13.9%) showing the largest gains, underscoring manifold opportunities in seasonal positions. Real estate and travel – industries that typically hire earlier in the year in advance of summer business – saw the largest decreases (-1.7% and -1.1%, respectively) during May.
"May showcased job growth across the country and marked the sixth straight month of job growth in the U.S.," said James Beriker, president and CEO of Simply Hired. "This latest report highlights a decrease in job competition nationwide, providing some important traction for continued job momentum. These signals are very positive for job growth as we move further into the summer months.”
These findings are part of Simply Hired’s June 2013 Employment Outlook, which highlights job industry and employer trends in national and regional U.S. markets.