Online Labor Demand down 92,200 in July

- Labor demand is nearly flat in 2013 with dip of 87,000 between January and July

- Unemployment flattens in Q2 2013 as labor demand stalls

- July declines are widespread across States and occupations

- Construction job demand continues to rise while demand for sales and office workers falls

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Jul 31, 2013, 10:00 ET

NEW YORK, July 31, 2013 /PRNewswire/ --Online advertised vacancies dropped 92,200 in July to 4,888,100, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. In the first seven months of 2013, labor demand dipped an average of 12,500 per month. The Supply/Demand rate stands at 2.4 unemployed for each vacancy. In June there were 6.8 million more unemployed than the number of advertised vacancies, down from 11.9 million at the end of the recession in June 2009.

"In July labor demand continued to be flat," said June Shelp, Vice President of The Conference Board. "While the 4.9 million advertised vacancies in July shows a healthy churn in the labor market for job changers, it does little to reduce the ranks of the unemployed. In the first seven months of 2013 national labor demand has been essentially flat, and the trend is down in more than half of the 20 largest States."

Jobs ads continued to show strength in the building occupations including: construction; grounds and buildings maintenance; installation and repair; and transportation/material moving. Lackluster occupations included management, sales workers, and office help.

For more information, including press release and technical notes:

http://www.conference-board.org/data/helpwantedonline.cfm

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