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JobsInTheUS.com Second Quarter Employment Index Dips Four Percent in Job Openings; Web Site Visits Show Significant Increase
Aug 06, 2007 (08:08 AM EDT)
WESTBROOK, Maine, Aug. 6 /PRNewswire/ -- JobsInTheUS.com (JIUS) Employment Index for the second quarter 2007 showed job openings dipped four percent, reflecting the softness in the housing, auto, and wider service sectors, as compared to the Second Quarter of 2006. Despite the Index's slight decline in job openings, JIUS Web site visits increased significantly to 22 percent over last year's Index for the same time period. Healthcare continued to be the leading industry for recruitment postings along with customer support, followed by manufacturing, sales and clerical, respectively.
Journal Register Company , parent company of JobsInTheUS.com owns and operates 19 JIUS Web sites including JobsInMS.com (Mississippi), JobsInAL.com (Alabama), JobsInME.com (Maine), JobsInNH.com (New Hampshire), JobsInVT.com (Vermont), JobsInRI.com (Rhode Island) and more.
Second Quarter 2007 Summary
JobsInTheUS.com is the largest Internet job site in the Northeast and fastest growing recruiting sites in the South. With nearly 35,418 job openings posted this quarter and more than 1.5 million searches being done, the Company is in a unique position to monitor and report the employment trends within the state. The JobsInTheUS.com Employment Index is a statistical summary of the data compiled for the quarter by month. The Index identifies key trends based on job openings posted, searches performed by job seekers and key metrics from the Web site. Taken together they offer a unique perspective into the key trends for employment in the Northeast.
Job Trends: The following are the significant trends for Second Quarter 2007:
-- The number of job openings posted this quarter, 35,418, is down four percent from second quarter 2006. -- Job openings activity covered a number of job types: -- Healthcare positions accounted for 16.8% of all job openings -- Customer Support, 7.9% -- Manufacturing, 6.9% -- Sales, 5.8% -- Clerical, 4.6% -- Companies with 50 or fewer employees posted 41.8 percent of the jobs. -- Companies with 101-250 employees accounted for 16.8%. -- Companies with 251-500 employees accounted for 13.9%. -- Job openings for full-time positions were 73.1 percent of all job openings. -- Part-time positions were 20.7% -- Per diem positions were 6.3%
Job Search Trends: The following are the significant trends for Second Quarter 2007:
The number of qualified (job seeker used specific parameters to search for a position) searches for the quarter was 1,590,675.
-- The top job categories searched by job seekers were: -- Healthcare, 8.5% of qualified searches -- Clerical, 5.9% -- Accounting, 4.8 % -- Banking/Finance, 3.6% -- IT/Computers, 4.0% -- A majority of the job seekers prefer to look for positions within close proximity to their home. The commuting preference for job seekers was: -- 1-30 miles 56.5% -- 31-40 miles 18.7% -- > 40 miles 24.8%
Web Site Trends:
JobsInTheUS.com had 1,534,201 visits for the quarter, a 22 percent increase from 1,258,657 in the second quarter 2006. The average time spent per visit was 8 minutes and 1 second. During an average visit, a job seeker will download 5.5 pages.
* New Web stats package, Omniture, implemented April 2007. * New link added to the site "Browse by Category/City" to optimize job seeker experience (may cause a decrease in the number of site search counts per month). * The JobsInTheUS.com combined index includes; JobInME.com, JobsInNH.com, JobsInVT.com, JobsInRI.com, JobsInMA.com, JobsInCT.com and JobsInDE.com. * For more information and complete data breakdown please call (888) 883-1294.
Founded in 1999, JobsInTheUS is one of the fastest-growing local job Internet sites both in terms of unique visits to the Web sites and jobs posted. Headquartered in Westbrook, Maine, the company specializes in state- specific job Internet sites where qualified candidates who want to work in a particular state find a match with local employers at a lower cost for employers than other recruiting methods. JobsInTheUS operates JobsInME.com, JobsInNH.com, JobsInVT.com, JobsInRI.com, JobsInMA.com, JobsInCT.com, JobsInPA.com, JobsInNewYork.com, JobsInNJ.com, JobsInDE.com, JobsInAL.com, JobsInLouisiana.com, JobsInMS.com, JobsInKS.com, JobsInMD.com, JobsInDC.com, JobsInVA.com, JobsInWV.com, and JobsInAK.com.
About Journal Register Company
Journal Register Company is a leading U.S. media company. Journal Register Company owns 22 daily newspapers and 346 non-daily publications. Journal Register Company currently operates 226 individual Web sites that are affiliated with the Company's daily newspapers, non-daily publications and its network of employment Web sites. These Web sites can be accessed at www.JournalRegister.com . All of the Company's operations are strategically clustered in six geographic areas: Greater Philadelphia; Michigan; Connecticut; Greater Cleveland; and the Capital- Saratoga and Mid-Hudson regions of New York. The Company owns JobsInTheUS, a network of 19 premier employment Web sites.
This release contains forward-looking information about Journal Register Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, financial projections and estimates and their underlying assumptions, the extent or timing of cost savings, charges, the extent of employees impacted, and statements about the future performance, operations, products and services of the Company. These forward-looking statements involve a number of risks and uncertainties, which could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, the success of the Company's acquisition strategy, dispositions, the ability of the Company to achieve cost reductions and integrate acquisitions, competitive pressures including competition from non- newspaper forms of media, general or regional economic conditions and advertising trends, the unavailability or a material increase in the price of newsprint and increases in interest rates, changes in performance that affect financial covenant compliance or funds available for borrowing, technological changes, the adoption of new accounting standards or changes in accounting standards. These and additional risk factors are outlined in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
CONTACT: Angie Helton of Northeast Media Associates, +1-207-653-0365, firstname.lastname@example.org, for JobsInTheUS.com
Web site: http://www.jobsintheus.com/ http://www.JournalRegister.com/