Jobs
December Hiring Up 24% Year Over Year: LinkedIn
Published:
Last Updated:
Increases in hiring grew at 10.4% year over year nationally in December, with the highest growth rate coming in Houston and the lowest in Washington, D.C. For the month of December alone, year-over-year growth clocked in at 24.2%. The data were published today by professional social media site LinkedIn.
The industries that experienced the biggest year-over-year increases in LinkedIn’s hiring rate in December were financial services and insurance (23.1% higher); aerospace, automotive and transportation (22.2%); and architecture and engineering (21.1%).
LinkedIn defines hiring rate as “the percentage of LinkedIn members who changed the name of their new employer on their profile the same month they began their new job, divided by the total number of LinkedIn members in the U.S.” LinkedIn reports that more than 143 million U.S. workers have LinkedIn Profiles and that more than 20,000 companies use the service to recruit new employees.
Of the 10 cities losing the most workers, all but one are east of the Mississippi River. The top two cities losing workers were Hartford, Connecticut (population loss of 59.9 workers per 10,000 LinkedIn members) and Providence, Rhode Island (46.9 workers lost). The remaining eight cities that lost the most workers include Pittsburgh (44.3); Norfolk, Virginia (42.0); Chicago (39.5); Oklahoma City (34.8); St. Louis (29.0); Cincinnati (26.6); Baltimore (26.5); and Miami-Ft. Lauderdale (26.0).
The 10 cities gaining the most workers per 10,000 LinkedIn members were:
- Denver: 68.6 workers gained
- Seattle: 67.3
- Austin: 59.1
- Las Vegas: 51.3
- Charlotte: 50.5
- Tampa-St. Petersburg: 48.3
- Nashville: 47.6
- Portland, Oregon: 43.4
- West Palm Beach: 40.8
- Jacksonville: 31.4
Cities with the highest numbers to change their location per 10,000 LinkedIn members were:
- Austin: 585.1 moved here
- Orange County, California: 489
- San Diego: 478.2
- Raleigh-Durham: 458.2
- West Palm Beach: 444.1
- Washington, D.C.: 421.6
- Charlotte: 406.1
- San Francisco-Bay Area: 391.4
- Denver: 387.9
- Providence, Rhode Island: 374.9
The full report is available at the LinkedIn website.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
