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Help Wanted OnLine Labor Demand increased 156,800 to 4,814,300 in July
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Online advertised vacancies increased 156,800 to 4,814,300 in July, according to The Conference Board Help Wanted OnLine®(HWOL) Data Series,released today. The June Supply/Demand rate stands at 1.67 unemployed for each advertised vacancy with a total of 3.1 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 7.9 million in June.
“The first half of 2016 has shown a substantial drop in the level of online advertised vacancies,” said Gad Levanon, Chief Economist, North America, at The Conference Board. “July’s gain is a positive sign. However, recovery from earlier losses will require continued improvements throughout the rest of 2016.”
In July, virtually all major occupational categories saw increases. The Professional category saw strong gains in Healthcare (+37.3), Computer (+15.8), Business/Finance (+7.8), and Management (+6.1). The Services/Production category saw strong gains in Installation/Repair (+15.2), Sales (+13.9), Transportation (+12.9), and Office/Admin (+11.3).
Posted: August 3, 2016 Wednesday 10:00 AM