Online Job Ads Jump in December

Business, Technology
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By The Conference Board, Special for USABR.

Online advertised vacancies increased 74,000 to 4,797,000 in December, according to The Conference Board Help Wanted OnLine (HWOL) Data Series, released today. The November Supply/Demand rate stands at 1.57 unemployed for each advertised vacancy with a total of 2.7 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 7.4 million in November.

“The HWOL series ended 2016 on a positive note, with a 74,000 increase,” said Gad Levanon, Chief Economist, North America, at The Conference Board. “The number of online job ads has been fluctuating around a steady trend in the second half of 2016.”  

The Professional occupational category saw small losses in Management (-0.8), Business/Finance (-0.1), and gains in Computer/Math (8.7) and Health (10.6). The Services/Production occupational category saw gains in most occupational groups led by Sales (14.6) and Office/Admin (21.3).  For more information, including press release and technical notes: http://www.conference-board.org/data/helpwantedonline.cfm

About The Conference Board 

The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world’s leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

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