But really, does it matter? Only if you want to be one of the herd… stampeding toward “where the jobs are” (or supposedly are) rather than pursuing a targeted search. By that I mean identifying companies that are a great fit for you (products, industry, culture, growth plans, etc.) and using your network to connect with a decision-maker there. In this kind of search, it really doesn’t matter whether the company is “hiring.” If you can prove you’ll bring value to the company, there’s a good chance they’ll (a) make a position for you; (b) keep you on their radar screen for future opportunities; or even (c) refer you to someone they know who’s facing similar challenges. The worst that can happen is you’ll have a good business discussion (NOT an interview) with someone who can now become part of your network.
Bottom line – worry less about who’s hiring and more about why a specific company might hire you. Make your case, and see what happens!