Online Labor Demand Decreased 93,800 in September

-- September loss followed little change in August

-- Majority of the loss was concentrated in the West and Midwest regions

-- Professional category showed larger losses, with Services/Production showing a mixture of gains and losses

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Oct 05, 2016, 10:00 ET

NEW YORK, Oct. 5, 2016 /PRNewswire/ -- Online advertised vacancies decreased 93,800 to 4,722,300 in September, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The August Supply/Demand rate stands at 1.63 unemployed for each advertised vacancy, with a total of 3.0 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 7.8 million in August.

"The third quarter showed a small gain of 64,800, following large losses in the second quarter," said Gad Levanon, Chief Economist, North America, at The Conference Board. "There has been no sign of a bounceback from the sudden steep losses in May and June."

The Professional category saw large losses in Computer/Math (-17.8) and Healthcare (-23.7) with the other areas primarily also showing losses. The Services/Production category saw large losses in Sales (-22.1) and Transportation (-12.0) with a mixture of smaller gains and losses in other areas.

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

SOURCE The Conference Board