Research >> Economics
Help Wanted OnLine Labor Demand rose 34,200 to 5,418,600 in August
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Online advertised vacancies rose 34,200 to 5,418,600 in August, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series,released today. The July Supply/Demand rate stands at 1.54 unemployed for each advertised vacancy with a total of 2.9 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.3 million in July.
“Labor demand remained little changed in August, maintaining a basic flat trend over the past six months,” said Gad Levanon, Managing Director of Macroeconomic and Labor Market Research at The Conference Board. “The recent flat trend is not particularly troublesome given the continuing high monthly levels of employer demand in the labor market.”
In August, the Professional category showed some strength with Healthcare Practitioners (+14.3), Management (+12.1), Business and Finance (+5.2) and Computer (+3.1). The Services/Production category saw gains in Production (+6.4) and Transportation (+4.9) but a large loss in Office and Administration.
Posted: September 2, 2015 Wednesday 10:00 AM