Online Labor Demand Edged Up 11,700 in October

Online labor demand continues on a slow growth trend in 2014

Most states and MSAs showed small gains in October

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Nov 05, 2014, 10:00 ET

NEW YORK, Nov. 5, 2014 /PRNewswire/ -- Online advertised vacancies rose 11,700 to 5,083,600 in October, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The September Supply/Demand rate stands at 1.83 unemployed for each advertised vacancy, with a total of 4.2 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.3 million in September.

"U.S. labor demand continues on a steady, slow growth trend, maintaining historically high demand levels with over 5 million ads each month," said Gad Levanon, Director of Macroeconomics and Labor Markets at The Conference Board. "The data continue to indicate a strong U.S. labor market."

In October, the Services/Production occupational category saw a gain, while the Professional category saw a small loss. Sales (22,100) and Transportation (23,800) bounced back from large September losses with most other occupational categories showing just small increases/decreases.

For more information, including press release and technical notes: http://www.conference-board.org/data/helpwantedonline.cfm

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