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Help Wanted OnLine Labor Demand decreased 93,800 to 4,722,300 in September
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Online advertised vacancies decreased 93,800 to 4,722,300 in September, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series,released today. The August Supply/Demand rate stands at 1.63 unemployed for each advertised vacancy with a total of 3.0 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 7.8 million in August.
“The third quarter showed a small gain of 64,800 following large losses in the second quarter,” said Gad Levanon, Chief Economist, North America, at The Conference Board. “There has been no sign of a bounceback from the sudden steep losses in May and June.”
The Professional category saw large losses in Computer/Math (−17.8) and Healthcare (−23.7) with the other areas primarily also showing losses. The Services/Production category saw large losses in Sales (−22.1) and Transportation (−12.0) with a mixture of smaller gains and losses in other areas.
Posted: October 5, 2016 Wednesday 10:00 AM