7 Industries That Are Losing Jobs

industries hiring fewer workers

October's employment report released earlier this month showed continued steady improvement in the job market. But hiring remains sluggish; a number of employers posted fewer job openings in September after advertising more in August than first estimated. As the Labor Department reported Tuesday, job openings fell by 100,000 to 3.56 million, the lowest in five months, suggesting that hiring will likely remain modest in coming months.

Which industries have been losing jobs? Data compiled by jobs website Indeed.com shows that seven industries had significantly fewer help-wanted ads in last month than they did during October 2011.

The hospitality industry isn't one of them, however. The Indeed job-search website reported a 39 percent leap in the number of job postings related to that sector, including big jumps in ads for housekeepers, hosts and custodians, as well as bartenders and food service workers.

Indeed also noted a much smaller 2 percent gain in real-estate employment ads, for jobs such as property manager, leasing consultant and groundskeeper.

These seven industries, though, had the biggest drops in the number of help-wanted ads posted last month compared to a year ago, according to Indeed:

Retail
Job postings: 346,641
Change from October 2011: -10 percent

Accounting
Number of job postings: 113,880
Change from October 2011: -11 percent

Construction
Number of job postings: 105,648
Change from October 2011: -11 percent

Financial Services and Banking
Number of job postings: 189,606
Change from October 2011: -17 percent

Information Technology
Number of job postings: 284,397
Change from October 2011: -18 percent

Health Care
Number of job postings: 647,360
Change from October 2011: -20 percent

Transportation
Number of job postings: 109,608
Change from October 2011: -26 percent




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David Schepp

Staff Writer

David Schepp has spent more than a dozen years covering business news for the electronic and print media, including Dow Jones Newswires, BBC News, Gannett Co., and most recently at AOL's DailyFinance. Nearly 10 years ago, he started writing a weekly People@Work column, looking in depth at issues facing workers in today's workplace. The syndicated column appeared in newspapers and websites nationwide before it made its debut on DailyFinance in 2010. Schepp now continues that tradition at Aol Jobs, covering the jobs beat and providing readers insight and analysis into the nation's challenging employment scene.

Schepp holds a Bachelor of Arts degree in journalism from Metropolitan State College of Denver.

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wdcarterjr

This is a small price to pay for free bith control.

$3000.00 per year
Divided by $2.00 per condom
Equals 1500 condoms per year
Diveded by 365 days per year
Equals 4.109589 condoms per day
I just hope that is enought. We may need more. Obama, HELP we need more funding.

November 15 2012 at 1:14 PM Report abuse rate up rate down Reply
airamrka

You're doin' a great job Mr. O - - - keep 'er up!

November 15 2012 at 11:07 AM Report abuse rate up rate down Reply
bunnyberrie

Media made the unemployment look good for Obama during the election period. Now the truth is coming out and the media can't do anything about it. America is still losing jobs everywhere. Obama doesn't even want to talk about jobs and economy, they're just words to him. Also Obama wants to add more money for education, what good is an education when you can't find a job when you graduate?? I have proof, my two sons and both their cousins are college grads and they can't find jobs on what they were educated for. Now they all work as servers or in retail .... how sad is that?? From the looks of things, their futures are very bleak and they're never going to leave home now. What's ironic is they ALL voted for Obama ... crazy!

November 15 2012 at 8:15 AM Report abuse rate up rate down Reply
ectullis

The Obsama axe has fallen

November 15 2012 at 4:18 AM Report abuse rate up rate down Reply
DOC

Hey, let's sit back for a moment and engage in some real discourse. Let's do what we want Congress to do...put away the political agenda.

The unemployment figures were released twice before the election and they appeared to be favorable for the incumbent political machine. Suddenly, after the election, companies are releasing employees in numbers that resemble those reported at the height of "this" recession. I say "this" because we've never recovered. Enough of the aside...the next numbers will reflect these massive lay-offs and give the otherside fodder for their propaganda machine. Can't you see what's happening? American's are being played like pawns on a chess board and we need to pause.....ok breathe.....and consider what is happening. It's a circular game with no plausible exit strategy......unless we......

Raise our voices, hold our elected officials and representatives accountable, send the message by determining where we will spend our $$$...save your ammunition for the right targets. The basic and fundamental laws of suppy and demand are still in play. Yes, it will be difficult initially. Any change that is worth it's weight requires sacrifice. There wouldn't be a United States of America if some sacrifices and compromises weren't made.

While I'm not characterized as an blind optimist, I do, refuse to believe there aren't some thinking Americans in this country.

Check....checkmate.

November 14 2012 at 4:39 PM Report abuse +1 rate up rate down Reply
sscott5145

I keep seeing articles that say that American students need to be more educated and trained (Obama wants to add a million more teachers), But then they say 1/2 of college grads can't find jobs! So what is it? If we educate better, there still aren't any jobs....except housekeeping, bartending, custodial, etc. And the new million or so illegals (18-30yrs) who get work permits will take those too.

November 14 2012 at 4:33 PM Report abuse +3 rate up rate down Reply
Matt Dougherty

I wish I could lose my job at home ( Cleaning the toilet )

November 14 2012 at 4:22 PM Report abuse +1 rate up rate down Reply
marylee907

the media have covered for Obama from day one and they report nothing but things that look good for them. Where are the millions of jobs that Obama created or got for the American people? Like one of the Senators said that the people whovoted for Obama are the reason for all of this. He had a name for them but I can't recall what it was but it was not good.

Obama did not win the election he stole it with voting machines messing up and giving votes for Obama when people in fact voted for Romney. Some states ran out of ballots and some people were sent home because the ones running the voting area said they were not registered in that are when in fact they were and the number was in the hundreds.

Now 40 States want to break away from the Union so that won't leave many people living in the USA and all of this is because a gay, illegal, American hateing Muslim stole the election. I really hope they are proud of their vote and now what are they going to do? Become Muslims and turn their love for America into hate like Obama has? What is wrong with the Senators that they allow this to happen and why don't they impeach this devil in the White House. God Bless America and what she use to be and hope she will become again.

November 14 2012 at 3:26 PM Report abuse +3 rate up rate down Reply
paddleman1928

so we are losing better paying jobs such as construction and transportation, and gaining lowerpaying jobs like housekeeping. Does not sound good for the future

November 14 2012 at 1:23 PM Report abuse +2 rate up rate down Reply
sandrashelton1

What did you expect? You snivel about the rich owing you, and paying higher taxes. Well, they can't pay higher taxes, obamacare (what an ego trip) and wages and still keep the business they worked to build. And so it begins-----

November 14 2012 at 10:15 AM Report abuse +3 rate up rate down Reply

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