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Help Wanted OnLine Labor Demand rose 150,400 to 5,267,100 in January
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Online advertised vacancies rose 150,400 to 5,267,100 in January, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The December Supply/Demand rate stands at 1.70 unemployed for each advertised vacancy with a total of 3.6 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.7 million in December.
Online labor demand begins 2015 with a large gain, suggesting that labor markets are continuing to improve. In January, all large States and MSAs showed solid growth with the increase spread across the major occupational categories.
In January, the Professional category saw strong gains in Management (14,000), Business and Finance (12,400) and Healthcare (11,800). The Services/Production category saw large gains in Sales (21,300), Office/Admin (29,200) and Transportation (27,200). Supply/Demand rates have also continued to show improvement.
Posted: February 4, 2015 Wednesday 10:00 AM