October Summary
- Iowa's WFI ranked 7th best in the nation, which was off from September's ranking of 5th.
- Iowa's job market, based on online openings, is healthy.
- In absolute numbers, the greatest numbers of online job openings were in Management, followed by Sales and next Customer Services positions.
- As a percent of employment, the largest numbers of online openings were in Finance, Engineering, and then Information Technology positions.
Iowa WFI. AIM's August Work Force Index (WFI) dipped to a very strong 85.6 from September's 87.7. The WFI is a statistically based measurement tool produced by AIM, a nonprofit organization in Des Moines, Iowa. The Index is a ratio of unique online job postings and the number of unemployed in Iowa (not seasonally adjusted). The Index ranges between 0 and 100. A WFI below 50.0 indicates short-term job contraction while an Index above 50.0 indicates job expansion. At 85.6, Iowa's WFI is in a range indicating a very healthy level of job openings.
On-Line Openings. In October, online job postings listed the largest number of open positions in absolute numbers in 1) Management, followed by 2) Sales, and 3) Customer Services positions. As a share of employment, the largest numbers of job openings in descending order were in: 1) Finance, 2) Engineering, and 3) Information Technology. These rankings were unchanged from September.
To view Video Summary, Click Here!
About the AIM WorkForce Index AIM and the Creighton University College of Business produce the AIM WorkForce Index each month to track the relationship between the WFI and Creighton's Mid-America Business Expectation Index and the changes in the U.S. Gross Domestic Product. This comparative analysis not only measures the relative strength of the Greater Omaha labor market, but also shows how it compares to regional business expectations and actual national economic performance. This type of information is of value to both the employer and the job applicant as they develop plans and strategies for participation in the local and regional labor market. For more information on the WFI, please visit www.aimforbrilliance.org/wfi.
About AIM AIM is a not-for-profit community organization that promotes technology to empower people, enhance organizations, and create brilliant communities. AIM's signature services include Careerlink - the region's leading career development website, Infotec - the Midwest's premier business and IT conference, and Hatchfund - a crowd funding source for artists. For more information about our services - training, youth programs, research and more - visit www.aimforbrilliance.org
