Tuesday, May 10, 2011

More signs of jobs growth

The April Monster Employment Index release was full of good news, which I've summarized in the chart above.

Annual growth rate at 9 percent in April, marking the 15th consecutive month of year-over- year growth 
Index climbs 7 percent (9 points) month-over-month
27 of the 28 metro markets showed positive annual growth in April
Mining, quarrying, oil and gas extraction continues to lead the Index on an annual basis; 
Manufacturing reaches highest levels of demand since late 2008, driving growth in manufacturing hubs such as Detroit and Cleveland

The core foundation areas of the economy – wholesale trade, retail trade and transportation – continue to show upward momentum that would suggest positive job gains as we progress on a path of recovery.

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