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February 5, 2009 / Toby Dayton

Rate of Job Losses in U.S. Starting to Slow

Somewhat surprisingly, LinkUp’s January jobs report shows that the worst may be over for the U.S. job market. While the month did show further declines in the number of jobs available in the U.S., the rate of decline is lower than it has been in recent months. New jobs posted to company websites dropped 1%, while the total number of jobs declined 5%. That compares to declines in December of 12% for new jobs and 16% for total jobs posted to company websites. Even more encouraging than the slowing rate of decline is the fact that 29 states showed an increase in new job postings during the month, while 21 showed a decline. While only 15 states recorded an increase in the total number of job postings during the month, that is far better than December when a meager 3 states showed an increase in the total number of job listings.

LinkUp aggregates and publishes only job listings that are pulled directly from company web sites (13,086 company sites in January), meaning that the job listings, which are updated daily, represent real openings from real companies, with no duplicate listings, no job scams, and no 3rd party postings from staffing companies, recruiters, or head hunters.

january-linkup-jobs-by-state

In terms of the best and worst performing states, Delaware, Washington, D.C., and Idaho showed the largest percentage gains in new job growth, while Texas, Florida, and Virginia recorded the largest number of new jobs created during the month. Arkansas, Oregon, and Arizona showed the largest percentage declines in new job growth, while Arizona, Indiana, and Oregon lost the largest number of jobs during the month.

lu-data-jan-by-state

5 Comments

  1. John / Feb 10 2009 5:40 pm

    How to God it has slowed.

    It's still a blood bath in Ireland.

    If it has slowed and continues then the rest of the world will slowly follow.

  2. John / Feb 10 2009 11:40 pm

    How to God it has slowed.

    It’s still a blood bath in Ireland.

    If it has slowed and continues then the rest of the world will slowly follow.

  3. Frank / Feb 17 2009 12:29 pm

    Awesome. So glad this post is here!
    http://realliferecruiting.blogspot.com/

  4. Frank / Feb 17 2009 6:29 pm

    Awesome. So glad this post is here!
    http://realliferecruiting.blogspot.com/

  5. Frank / Feb 17 2009 6:29 pm

    Awesome. So glad this post is here!
    http://realliferecruiting.blogspot.com/

Comments are closed.