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Welcome back but does that kind of hide his friends his father.
Twelve point five on the east tonight my father OS from morning to all of Jack hammer Dow down about thirteen fourteen points right now hasn't been doing a whole lot of -- Less movement I suppose is better than big moves and we'll -- -- at this point lot of people moving around the job market these days and Paul Forrester CEO and co-founder and indeed dot com is here with us.
Tell us about whose parent is apparently some people bit.
-- -- -- was seeing a very rapid turnaround in the job market.
And -- seeing that dates ahead of the government takes and what we track is advertised positions across the web.
So we index millions of jobs from thousands of web sites across the web.
And what -- saying is there's advertised positions and we what was saying it's a growth over the last year fairly dramatic uptick.
In the number of positions advertised.
The government dates -- is a bit more ambiguous.
It's showing as some signs of growth but not strong what we're seeing is very strong.
Growth of twelve major indices that we track.
Ten if that is in February had more jobs than a year ago.
Which we think is a very strong positive trend one of the strongest of the twelve -- you track hospitality is that is a standout this -- cyclical industry.
It had -- a 44% more -- Advertised in February compared with a year -- gotten other sectors that the strong.
Real estate and retail has bounced back strongly.
The cost of so that's hotel's restaurant that's -- all of that their hiring people back they are beginning to come back strongly.
Before I dwell on the accounting because of that and that that mainly due how do you track of these ads so you -- -- -- -- monster.com.
-- -- -- -- all -- I'd say we we we cover major job bullets newspaper classifieds.
Company web -- -- thousands of wherever their jobs advertised on the web.
We include them and I index and that's enables us to look at the -- have.
In a very broad way.
Companies misuse didn't do companies pay for this information how do you make hasn't -- -- It's pay per click advertising.
These -- companies.
Sponsor that jobs to get additional -- -- -- traffic to their jobs so we don't charge for inclusion in non organic results well how do you reconcile.
The -- job.
On multiple sites or even on the same site -- -- -- -- I'm sure there are jobs that have been filled.
Yet they haven't taken them down -- -- jobs where you know they may be the same job listed three or four different places on the same -- how do you reconcile that when you're dealing with.
All these thousands of different sites we.
Whether they're French or not we any keep jobs.
Four thirty days we have a very fresh picture of the of the job market and that's part of what we do.
A -- -- JC Penney is the big winner with over 7000 jobs this is in the over the last year.
That's currently the fresh jobs that they currently -- as -- enough and for 7200 and looking exactly yes.
Now says they've they've done really well they've weathered the recession they've kept their costs under control.
They've had back -- the -- they haven't had to discount heavily and so what that -- on a strong position to stuff up.
As love -- jobs that appetizing full.
But they've done better than many of the retailers that in general the retail sector is bouncing back you have a way to track how well.
And now I don't know how to put this like how loads it JC Penney is -- -- -- 200 jobs.
When they fill 6400 of those whether they fill 5000 of those in the future so you know how well they're doing in terms of attracting qualified candidates do you do in unison while they will that jobs will disappear and that will come out of our indexes if they are filled or if they no no no longer need those people -- I think it's a fair reflection of the number of jobs that actually end up getting filled its.
Seems the real only negative in -- -- was construction all the others true retail up 35%.
Real estate of 33% does that mean.
How -- -- center -- are looking for realtors again.
You had to say just bouncing back but construction.
There's a lot of that a hang with a lot of access in intrigued by thin residential sector and commercial sector.
So that set behind has to be used up before we'll see I've bounced back in construction incidents Tiffany and -- in -- industry.
Another one hasn't done so strongly -- health -- and that's because.
It never did that to me it's less cyclical nick didn't turned down in the way that many of the industries have -- down so.
Therefore hasn't hasn't been able to bounce back.
Along those same line business that I was selling a broken record but.
EU darn well better be doing better this February that you -- less than it would be so with that said we what do you expect to see -- people -- -- You expect to see these numbers really picked up because.
-- we're going in some pretty easy cops right now.
I think that's -- I think that's part of it -- from the very low base the numbers but I expect the trend to continue.
And I expect to see this numbers being reflected in the government data to a greater extent.
I think this is it a leading indicator of what we're gonna see from a go to sources of data Pena the first optimistic news we've heard in the job market is very long time to people come to your site actually -- -- these jobs.
That's -- is a search engine -- job.
-- the jobs you can search jobs on indeed.
Across the web apply for those jobs and get those jobs we have done.
More jobs such as that -- indeed than any other.
And yet the web sites in the US -- do you say -- somebody -- -- skeptical about online job searching in general because I have heard from a lot of people like go to the site.
I'm gonna get lost my -- as anyone in a million would you say to people like that.
That is the very -- -- -- -- -- focused if you take a shotgun approach if you try to apply to jobs that don't fit you'll.
Background -- experience then you know going to be successful but if you focus should jump search.
And you apply -- to the jobs that CEO background if you research the companies if you find out about.
Who's -- -- you with the your fit with the culture of the company.
Then you going to have a much greater chances of success having the problem is that it's so easy to apply for jobs now.
The people tend to take KM scattershot approach rather than being very focused and.
But just quickly I -- AT&T has 4000 job openings JPMorgan Chase third almost 3700.
Even Comcast wouldn't automatically a company's 2000 hill in 2000 so there's work out that a lot of jobs out there.
Thank you Paul thanks for being on the thank you -- -- sometimes I know that the hope it comes to fruition I hope you're right mobile we'll see you in about six laps and we'll talk to that I got an angry all Clark just CEO of founder of Indy that -- check it out -- and it's.
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