In addition to the US Bureau of Labor Statistics Unemployment report yesterday (Read “Unemployment Hits 9.8%. See How It’s Affected the Market Since 1948“), online labor market leader ODesk adds small businesses are posting more jobs, paying more money, and putting more people to work.
In November, ODesk reports the following highlights:
November 2010 job postings = 58,828
November 2009 job postings = 29,370
Year-over-Year growth = 102%
November 2010 Earnings = $12.3M
November 2009 Earnings = $6.2M
Year-over-year growth = 98%
November 2010 Hours Worked = 1,163,476
November 2009 Hours Worked = 535,338
Year-over-year growth = 117%
Online Employment Data courtesy of oDesk, the largest and fastest-growing global employment platform.
Learn More with Econ 101: Your Ultimate Cheat Sheet to Unemployment Numbers >>