BE Daily Blog

Sep. 1, 2010 at 9:35am

Online job demand dips in August after rising in July

Online advertised vacancies dropped 57,100 in August to 4,236,200 following an increase of 139,200 in July, according to The Conference Board Help Wanted OnLine Data Series released today.

The gap between the number of unemployed and advertised vacancies (supply/demand rate) stood at 3.4 unemployed for every advertised vacancy in July (the last available unemployment data) but is down from its peak of 4.73 in October 2009.
"Labor demand continues to struggle to post gains month after month," said June Shelp, vice president at The Conference Board. "During the last few months, gains in online job demand one month have been partially offset by dips in the following month. But the good news is that overall job demand is still maintaining a modest upward trend for both the nation and most States."

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