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Conference Board Help Wanted OnLine Index fell sharply in April to 58.6
The Conference Board®-Burning Glass® Help Wanted OnLine™ (HWOL) Index fell sharply in April and now stands at 58.6 (July 2018=100), down from 99.4 in March. The Index declined 1.8 percent from February to March and is down 44.6 percent from a year ago.
The Index is based on a model that estimates the number of job openings in the US. The model also includes a measure of online job ads, as well as other key labor market indicators (see program note on page 4). A sharp decline in these labor market indicators resulted in a sharp decline in the index in April.
The Help Wanted OnLine™ Index is produced in collaboration with Burning Glass Technologies, the global pioneer in real-time labor market data and analysis. This collaboration enhances the Help Wanted OnLine™ program by providing additional insights into important labor market trends.
Posted: May 13, 2020 Wednesday 10:00 AM