Business Journal: Online Job Postings Drop Sharply

Share |
(Sacramento, CA)
Monday, November 2, 2009

 Employers in the four-county region posted 21,200 jobs in October, a dramatic decline from the almost 28,000 a year ago — and 1,500 fewer than September. The Conference Board’s closely watched report — created a few years ago as job-seekers embraced the Internet — is considered one of the best ways to gauge future hiring.

About two of every five jobs posted in the region are for professional positions, such as accountants or lawyers. The average hourly wage posted for all positions — about $34 per hour, or $71,000 a year.

The Sacramento region, which has a jobless rate of 11.8 percent with more than 100,000 people looking for work, pretty much follows the national outlook when it comes to the online jobs report.