your career, with a twist
Jobs Online Down
During the month of April jobs online continued to decline. According to a recent press release of the Conference Board’s Help-Wanted Online Data Series (HWOL) staff vacancies advertised online fell by 131,000 during the month. This means that there are now 3,117,000 original positions on the web.
This loss follows several smaller declines in jobs posted online. In February the Conference Board reported a drop of 6,600 jobs and 100,000 in March. Despite what may seem like a steadily increasing number of positions being lost, these declines are significantly smaller than the 500,000 reported in both December and January. Over all there has been 1,321,000 jobs lost during the course of the last six months, which is 30 percent decline in job listings.
"Based on the April numbers, we are not out of the woods, but the decline in labor demand is moderating," said the Conference Board’s Senior Economist Gad Levanon in the release. "April and May are both months where business typically steps up their demand for workers. This year, that bounce may be more evident next month. With the April drop, the gap between labor demand (HWOL) and supply (unemployment) will widen further when the federal unemployment numbers are released this Friday. In March, there were 10 million more unemployed workers than advertised vacancies."
According to the report, the Western region of the U.S. lost the most jobs posted online, with a decline of 47,400 positions. The Conference Board’s past data shows that states like California and Arizona have been showing a decrease in job listings since the Summer of 2007.
The Midwest region came in second, losing 45,200 positions. Out of all the states in the area Minnesota saw the largest decline, with employers posting 9,400 less jobs during April. Missouri had the least, losing only 900.
As far as metro areas go, the Conference Board found that 49 of 52 of the top metros across the country saw a decline in job listings. Only 3 saw increases in jobs online or remained flat. These include; Oklahoma City, where employers advertised 1,600 more vacancies that they did in April of last year; Honolulu which gained 1,100 job listings; and Virginia Beach, which stayed the same.
The Conference Board is expected to release the data for May on Monday, June 1st.
This loss follows several smaller declines in jobs posted online. In February the Conference Board reported a drop of 6,600 jobs and 100,000 in March. Despite what may seem like a steadily increasing number of positions being lost, these declines are significantly smaller than the 500,000 reported in both December and January. Over all there has been 1,321,000 jobs lost during the course of the last six months, which is 30 percent decline in job listings.
"Based on the April numbers, we are not out of the woods, but the decline in labor demand is moderating," said the Conference Board’s Senior Economist Gad Levanon in the release. "April and May are both months where business typically steps up their demand for workers. This year, that bounce may be more evident next month. With the April drop, the gap between labor demand (HWOL) and supply (unemployment) will widen further when the federal unemployment numbers are released this Friday. In March, there were 10 million more unemployed workers than advertised vacancies."
According to the report, the Western region of the U.S. lost the most jobs posted online, with a decline of 47,400 positions. The Conference Board’s past data shows that states like California and Arizona have been showing a decrease in job listings since the Summer of 2007.
The Midwest region came in second, losing 45,200 positions. Out of all the states in the area Minnesota saw the largest decline, with employers posting 9,400 less jobs during April. Missouri had the least, losing only 900.
As far as metro areas go, the Conference Board found that 49 of 52 of the top metros across the country saw a decline in job listings. Only 3 saw increases in jobs online or remained flat. These include; Oklahoma City, where employers advertised 1,600 more vacancies that they did in April of last year; Honolulu which gained 1,100 job listings; and Virginia Beach, which stayed the same.
The Conference Board is expected to release the data for May on Monday, June 1st.
Tags: job search, jobs online
Add a Comment
The opinions expressed on this site through all forms of communication including videos, forums, blogs, and member communication do not necessarily reflect the views of the site and of course should not be taken as financial advisement, investment advice, commentary on individuals, or advice on any serious matter. Also, we do not make any claims as to the accuracy of the data presented on the site. We hope readers of the site will enjoy the content presented here in the context of an informal (and changing) medium of a blog. This website may inadvertently link to content that is obscene, slanderous, offensive, and/or otherwise useless. This website in no way condones, endorses or takes responsibility for such content. TalentBar.com and Electronic Syndication LLC take copyright matters very seriously. Please see our Terms of Service below and contact us immediately with any issues. Our company manages various social networks, including sites for Project Managers and Recruiting Blogs.
© 2009 Created by Miles
You need to be a member of TalentBar to add comments!
Join this social network