Online Labor Demand Falls 144,300 in June
- Weak June leaves the second quarter with a net loss
- Large losses in the Services/Production occupational category in June
- Note: Table 6 and MSA unemployment data in Table B are omitted until BLS issues revised seasonally adjusted MSA unemployment data (see technical notes)
NEW YORK, July 1, 2015 /PRNewswire/ -- Online advertised vacancies fell 144,300 to 5,300,700 in June, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The May Supply/Demand rate stands at 1.59 unemployed for each advertised vacancy with a total of 3.2 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.7 million in May.
"The first half of 2015 shows moderate growth with a strong first quarter partially offset by a weak second quarter," said Gad Levanon, Managing Director, Macroeconomic and Labor Market Research. "Overall employer demand for labor still continues at a very high level."
In June, the Services/Production category saw large losses in Office/Admin (-32,100), Sales (-21,000), Installation/ Maintenance (-14,000), Construction (-12,700), and Food (-10,200), with only a small increase in Transportation (+6,800). While the Professional category also saw losses, it was much smaller than those in Services/Production with Healthcare showing a small gain (+1,600).
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
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