Online Labor Demand Falls 137,200 in September
-- September posts a decline, following strong August gain.
-- The STEM-related categories continue to gain while other occupational groups show losses.
NEW YORK, Oct. 1, 2014 /PRNewswire/ -- Online advertised vacancies declined 137,200 to 5,072,000 in September, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The August Supply/Demand rate stands at 1.84 unemployed for each advertised vacancy with a total of 4.4 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.6 million in August.
"The September loss offsets most of August's gain, resulting in only modest overall growth for 2014," said Gad Levanon, Director of Macroeconomics and Labor Markets at The Conference Board. "Following a strong second quarter, the third quarter has ended basically flat."
In September, the STEM-related occupations showed strength in Computer and Math (9,600), Architecture and Engineering (3,400), and Healthcare Practitioners (12,200), while other categories showed losses, including Office and Administrative (-40,600), Sales (-32,500), and Transportation (-22,900)
For more information, including press release and technical notes: http://www.conference-board.org/data/helpwantedonline.cfm
About The Conference Board
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