JobsInME.com Releases First Quarter Employment Index Showing Small Business Growth

       By: JobsInTheUS
Posted: 2007-04-22 07:47:09
JobsInTheUS.com, one of the largest Internet recruiting companies in the Northeast and the fastest growing recruiting site in the South, released JobsInME.com's Employment Index for First Quarter 2007. JobsInTheUS.com is owned by Journal Register Company (NYSE: JRC) and operates 19 web sites including JobsInMS.com (Mississippi), JobsInAL.com (Alabama), JobsInME.com (Maine), JobsInNH.com (New Hampshire), JobsInVT.com (Vermont) and JobsInRI.com (Rhode Island) and others.

The index reveals job growth in Maine is strong over all with small businesses posting more than 35% of the jobs in the first quarter. Healthcare continues to be the leading industry for job postings on the site.

First Quarter 2007 Summary

Background:

JobsInME.com is the largest internet job site in the state. With nearly 15,513 job openings posted this quarter and more than 800,000 searches being done, we are in a unique position to monitor and report on the employment trends within the state. The JobsInME.com Jobs Index is a statistical summary of the data compiled for the quarter by month. The Index identifies key trends based on job openings posted, searches performed by job seekers and key metrics from the web site. Taken together they offer a unique perspective into the key trends for employment in ME.

Job Trends: The following are the significant trends for Q1 2007:

-- The number of job openings posted this quarter (15,513) is up 4% from

Q4 2006. There is general continuing strength in many areas of the

state and across many industries.

-- A majority of the new job openings were in Cumberland County (36.7% of

all job openings posted, Androscoggin County (9.6%) and Kennebec County

(11.0%). A majority of the job openings appears in Maine's southern

counties.

-- Job openings activity covered a number of job types:

-- Healthcare positions (22.8% of all job openings)

-- Customer Support (8.8%)

-- Clerical (5.5%)

-- Manufacturing (4.3%)

-- Sales (4.9%)

-- 38.2% of the job openings posted were from companies with 50 or fewer

employees.

-- Companies with 251-499 employees accounted for 15.3% of the total.

-- Companies with 500-1000 employees accounted for 17.7%.

-- 72. 2% of job openings were for Full-time positions.

-- 20.1% were part-time

-- 7.7% were contract or per diem

Job Search Trends: The following are the significant trends for Q1 2007:

-- The number of qualified (job seeker used specific parameters to search

for a position) searches for the quarter was 855,389 down 4% from Q4

2006.

-- The top job categories searched by job seekers were:

-- Healthcare (7.2% of qualified searches)

-- Clerical (6.2%)

-- Accounting (5.0%)

-- Banking/Finance (4.7%)

-- Advertising/Marketing (4.4%)

-- 28% of the qualified searches also contained a geographic preference:

-- Cumberland County (37.3 of qualified searches)

-- York County (18.4%)

-- Penobscot County (9.4%)

-- A majority of the job seekers prefer to look for positions within close

proximity to their home. The commuting preference for job seekers was:

-- 1-30 miles - 55.2%

-- 31-40 miles - 19.1%

-- > 40 miles - 25.7%

Web Site Trends:

JobsInME.com had 2,130,258 unique visits for the 1st quarter, a 29% increase from Q4 2006. Average time per visit increased slightly this quarter to 6 minutes, 40 seconds, still well above industry averages. During an average visit, a job seeker will download 7.82 pages.

For more information and complete data breakdown please call (888) 883-1294.

About JobsInTheUS

Founded in 1999, JobsInTheUS is one of the fastest-growing local job Internet sites -- both in terms of unique visits to the Web sites and jobs posted. Headquartered in Westbrook, Maine, the company specializes in state-specific job Internet sites where qualified candidates who want to work in a particular state find a match with local employers at a lower cost for employers than other recruiting methods. JobsInTheUS operates JobsInME.com, JobsInNH.com, JobsInVT.com, JobsInRI.com, JobsInMA.com, JobsInCT.com, JobsInDE.com, JobsInAL.com, JobsInLouisiana.com, JobsInMS.com, JobsInKS.com, JobsInMD.com, JobsInDC.com, JobsInVA.com, JobsInWV.com, and JobsInAK.com.

About Journal Register Company

Journal Register Company is a leading U.S. media company. Journal Register Company owns 22 daily newspapers and 345 non-daily publications. Journal Register Company currently operates 222 individual Web sites that are affiliated with the Company's daily newspapers, non-daily publications and its network of employment Web sites. These Web sites can be accessed at http://www.journalregister.com. All of the Company's operations are strategically clustered in six geographic areas: Greater Philadelphia; Michigan; Connecticut; Greater Cleveland; and the Capital-Saratoga and Mid- Hudson regions of New York. The Company owns JobsInTheUS, a network of 19 premier employment Web sites.

Safe-Harbor

This release contains forward-looking information about Journal Register Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe", "expect", "may", "will", "should", "project", "plan", "seek", "intend", or "anticipate" or the negative thereof or comparable terminology, and include discussions of the proposed sale of assets, strategy, financial projections and estimates and their underlying assumptions, the extent or timing of cost savings, charges and statements about the future performance, operations, growth rates, products and services of the Company. These forward- looking statements involve a number of risks and uncertainties, which could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, the success of the Company's acquisition strategy, dispositions, the ability of the Company to achieve cost reductions and integrate acquisitions, failure or interruptions in the software or systems that support our product and services, competitive pressures, general or regional economic conditions and advertising trends, the unavailability or a material increase in the price of newsprint and increases in interest rates. These and additional risk factors are outlined in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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