Online Labor Demand Increased 184,100 in February

February continues the strong demand growth seen in January; Gains were widespread across States and MSAs with large gains in California, Texas, and Michigan

News provided by

The Conference Board

Mar 04, 2015, 10:00 ET

NEW YORK, March 4, 2015 /PRNewswire/ -- Online advertised vacancies rose 184,100 to 5,451,300 in February, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The January Supply/Demand rate stands at 1.70 unemployed for each advertised vacancy with a total of 3.7 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.0 million in January.

"Online labor demand has shown a very strong start in 2015, with demand increasing 334,500 across the first two months of the year," said Gad Levanon, Managing Director, Macroeconomic and Labor Market Research. "These increases are a positive sign for continued growth in employment."

In February, the Services/Production category saw most of the gains with Transportation (53,200), Food (16,500), and Sales (16,200). The Professional category showed strength in Management (11,700), Business and Finance (8,800), and Healthcare (16,000).

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

SOURCE The Conference Board