Research >> Economics
Help Wanted OnLine Labor Demand decreased 115,300 to 4,723,000 in November
Online advertised vacancies decreased 115,300 to 4,723,000 in November, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series,released today. The October Supply/Demand rate stands at 1.61 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 approximately 7.8 million in October.
“With a pattern of monthly gains followed by losses, online demand has shown little movement in the second half of 2016,” said Gad Levanon, Chief Economist, North America, at The Conference Board. “The current data clearly indicate that 2016 will end with a large loss for the year.”
The Professional occupational category saw large losses in Management (−16.6), Business/Finance (−15.1), Computer/Math (−27.7) and Health (&ninus;21.2). The Services/Production category saw small gains in several occupational groups but large losses in Sales (−24.3) and Office/Admin (−21.5).
Posted: November 30, 2016 Wednesday 10:00 AM