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March 3, 2010 / Toby Dayton

LinkUp’s February Jobs Report Shows Modest Gains In Job Listings On Corporate Websites

February’s jobs report from the Department of Labor is scheduled to be released later this week and based on data released this morning by LinkUp, Friday’s report will show that the job market was essentially flat in February, making only modest gains in job growth. LinkUp, a job search engine that indexes jobs from over 20,000 company websites throughout the U.S., reported that new job listings on company websites rose by 10,201 (2%) from January. Total job listings on company websites in LinkUp’s job search engine increased by 7,740 (1%). While the slight increase is certainly welcome news in an otherwise painfully slow and rocky recovery, February’s job gains pale in comparison to January’s blistering gains in new and total job listings of 69,082 (18%) and 34,525 (4%) respectively. January’s strong LinkUp numbers may have been strong enough to indicate solid job gains across the nation last month.

Increases in job listings in February were widespread throughout the country, with 39 states reporting more new job openings on company websites than the previous month and 12 states reporting declines in new job listings. Total job listings on company websites rose in 38 states, with 11 states reporting decreases in February.

LinkUp, the fastest growing job search engine on the web, indexes job listings from over 20,000 corporate and employer websites throughout the country. Because the index is updated daily and only includes job listings that are found on career portals within company websites, the completely unique jobs data is extremely reliable. There are no jobs from recruiters, headhunters, search firms, or staffing companies, and no scam jobs, phishing jobs, ‘money mule’ ads, or other fraudulent postings.

And because LinkUp only indexes jobs from a single source – the hiring company itself – there are no duplicate listings that pollute job board aggregator sites such as Indeed and Simplyhired. Perhaps most importantly given the current high-unemployment environment in which companies are not compelled to advertise as aggressively in order to generate candidate flow for their openings, the jobs data is not based upon paid help-wanted advertising activity.

In terms of the best and worst performing states, New York, Oklahoma, and Minnesota showed the largest increases in new job listings, while California, Virginia, and Washington, D.C. reported the largest declines in new job listings.

In terms of jobs by category, 23 of 36 categories showed an increase in new job openings on company websites, while 26 showed an increase in total job listings on company websites. Overall, new job openings across all categories rose by 24,234 (6%), while total job openings by category rose by 38,313 (6%).

In terms of specific categories, Banking, Retail, and Sales showed the largest gains in new and total job listings, while Technology, Restaurant, and Engineering & Architecture showed the largest declines in new job openings.