Online Job Postings in Decline
New online help-wanted postings on major U.S.-based Internet job boards fell in April, a private research group said on Tuesday.
According to a Reuters report, The Conference Board said its measure of online help-wanted advertising volume slipped to nearly 2.26 million last month from about 2.40 million in March. There were about 1.99 million online job postings in February.
“This rate of change is in line with growth rates of other vacancy measures during periods of economic expansion,” said Gad Levanon, economist at The Conference Board in a press statement.
“It is typical for measures related to job openings to show much greater movement, both up and down, than you typically see in the overall employment data,” Levanon added.
Online job ads decreased during April in all nine census regions. The largest decline was in the Middle Atlantic region, comprised of New Jersey, New York, and Pennsylvania, where online job postings fell 10 percent.
Adjusting job ads for the size of the local labor force, April’s data shows San Diego leading with 3.43 jobs per 100 persons, while Detroit remains behind all the metropolitan areas with 0.77 of an online job ad per 100 persons.
The Conference Board Help-Wanted Online Data Series measures the number of new, first-time online job ads posted on more than 1,200 major Internet job boards and smaller job boards that serve niche market and smaller geographic areas.
The Conference Board’s gauge measuring help-wanted ad volume at 51 newspapers across the country is released the last Thursday of each month.
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