Q4 2016 Regional U.S. Employment Trends: Supply vs. Demand

Opportunity breaks down employment trends in the United States by region in an effort to understand the overall job market.

Overview


As we wind down 2016, Opportunity looks inward at the data offered by tens of thousands of job seekers and hiring managers in the United States over these last 3 months to understand the impact geography is having on current employment trends.  Specifically, a). where are hiring managers posting job opportunities and b). where are job seekers looking for job opportunities. This simple report sheds some light on some basic activity found within the Opportunity professional network. 

What We Found

Of the 20,000 combined job seekers and hiring managers sampled (those who posted or updated profiles in the United States within the past 90 days), the regional breakdown is as follows:

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% of Job Seekers in the U.S. looking for employment per region:

Northeast 22%
Midwest 17%
South 35%
West 26%

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% of Hiring Managers in the U.S. posting jobs in each region:

Northeast 16%
Midwest 27%
South 30%
West 27% 

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Conclusions


Overall, the concentration of jobs being offered is evenly distributed across 3 of the 4 regions - with the Northeast being the exception - lagging behind by more than 10% and falling about 6% short of what the demand for jobs is in the region. In the Midwest a different problem exists where hiring managers are posting more jobs than there are candidates to fill them by 10%. This is consistent with other major reports showing that many major metropolitan areas in the Midwest are seeing unemployment rates fall as low as 3%.

A bleaker picture is being painted in the South however, as a signficantly higher percentage of people are looking for work - double what we're seeing in the Midwest.  The good news for the South is that the highest percentage of hiring managers also come from that region, leading one to assume that job seekers in the South are most likely underemployed (i.e. underpaid, restless and looking).  Conversely, hiring managers in the South could be experiencing high turnover rates as a result of these same reasons.

Less differences exist in the West which appears to have reached somewhat of an equilibrium - as an almost exact number of job seekers are looking to fill a similar number of positions being offered (26% vs. 27%).

Up Next:  A deeper understanding of the employment trends in each region based on salary ranges, industries and more.


Datasource: Opportunity

Opportunity shall not be held liable for improper or incorrect use of the data described or information contained on these pages. The data, information and related graphics are not legal documents and are not intended to be used as such. Opportunity gives no warranty, express or implied, as to the accuracy, reliability, utility or completeness of this information.