Demand for workers in nearly all sectors fell in the third quarter of 2008. The hardest hit was the executive sector.
Jobs for managers dropped most sharply, by 25.5% compared to the same period in 2007, according to a survey of help-wanted ads in the local press that was conducted by Manpower Professional placement agency.
The demand for executives has fallen off 26% over the first three quarters of 2008 compared to the same period the year before.
The survey confirms a statement by the director of the state Employment Service, Joseph Farhi, that unemployment, which reached a low of 6.1% during the first half of 2008, is once again on the rise.
The market for human-resources personnel was the second slowest, down 19.9% in the third quarter of this year and down 42.6% for the period January-September, compared to the same months in 2007.
Marketing and sales personnel was the only group that showed increased demand in the third quarter compared to the third quarter of last year. But it was up by a minute 0.4%. Nevertheless, demand for this group has also fallen by 3.3% over the first nine months of the year compared to last year. ()
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