Online Job Ads Increased 81,500 in October
- All four regions experienced gains, led by the South
- Most occupations showed gains over the month
NEW YORK, Nov. 1, 2017 /PRNewswire/ -- Online advertised vacancies increased 81,500 to 4,563,800 in October, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The September Supply/Demand rate stands at 1.52 unemployed for each advertised vacancy, with a total of 2.3 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 6.8 million in September.
The Professional occupational category saw gains in Management (8.5) and Business and Financial (6.7). The Services/Production occupational category saw gains in Transportation (32.1), Office and Administrative Support (15.7), and Food Preparation and Serving (11.0).
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
NOTE: Recently, the HWOL Data Series has experienced a declining trend in the number of online job ads that may not reflect broader trends in the U.S. labor market. Based on changes in how job postings appear online, The Conference Board is reviewing its HWOL methodology to ensure accuracy and alignment with market trends.
SOURCE The Conference Board
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