Online Job Demand Basically Unchanged in June, The Conference Board Reports

Job demand remained essentially unchanged in May and June but up over 500,000 nationally during the first 6 months of 2010 Demand for sales workers continues to climb Job demand is strong in several States in the Northeast including NY, NJ and PA NOTE: The June release incorporates new seasonal adjustment factors
NEW YORK, June 30, 2010…Online advertised vacancies inched up by 19,600 in June to 4,154,000 following a small decline in May, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Seriesreleased today. The gap between the number of unemployed and advertised vacancies (supply/demand rate) stood at 3.62 unemployed for every advertised vacancy in May (the last available unemployment data) but is down from 4.73 in October 2009. 
 
“In the last two months, labor demand has been little changed following a strong start for Spring hiring in April,” said June Shelp, vice president at The Conference Board. “Thus far, job demand has been uneven across geographies and occupations, and weakness in the housing market is one factor. While all states have experienced some positive upturn in labor demand, states that were heavily impacted by the housing market downturn, in general, are rebounding more slowly. Also, occupations that are most closely associated with real estate—construction, architecture and engineering, and legal—have been slower to advertise for additional workers while the labor demand in other occupations such as sales, entertainment, food preparation, and healthcare and personal care have already risen to pre-recession levels.”
 
For more information, including press release and technical notes: 
http://www.conference-board.org/data/helpwantedonline.cfm
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