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:

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

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

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

Financial Servicesand 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

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

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