Economy continues its moderate upward trend in online labor demand in November
Demand up by 1.2 million since the official end of the recession (June 2009)
Demand up for Healthcare Practitioners and Technical Workers in November, while demand for Sales and Related Workers dips
Online advertised vacancies rose a modest 47,400 in November to 4,457,200, following an increase of 113,700 in October, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series released today. The nation’s Supply/Demand rate stood at 3.37 unemployed for every advertised vacancy in October (the last available unemployment data)—a figure that is down from a peak of 4.73 in October 2009. Nationally, there are 10.4 million more unemployed than advertised vacancies.
“In November, demand for workers continued to be positive, albeit moving at a disappointingly slow pace for the last few months,” said June Shelp, Vice President at The Conference Board. “November was a surprisingly quiet month throughout the nation, with most states posting small gains/losses in advertised vacancies. In this weak U.S. economic recovery, office help, construction jobs, and positions in business and finance continue to show very sluggish growth.”
For more information, including press release and technical notes:
http://www.conference-board.org/data/helpwantedonline.cfm