Online Labor Demand Increased 1,900 in August

-- August was essentially unchanged following a July increase of 156,800

-- States and MSAs saw little movement

-- Professional occupation category saw gains while Services/Production saw losses

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Aug 31, 2016, 10:00 ET

NEW YORK, Aug. 31, 2016 /PRNewswire/ -- Online advertised vacancies increased 1,900 to 4,816,100 in August, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The July Supply/Demand rate stands at 1.61 unemployed for each advertised vacancy with a total of 3.0 million more unemployed workers than the number of advertised vacancies. The number of unemployed was approximately 7.8 million in July.

"A flat August shows no sign of renewed strength in online advertised vacancies," said Gad Levanon, Chief Economist, North America, at The Conference Board. "The large losses in the first half of 2016 still dominate the downward trend for advertised vacancies in 2016."

The Professional category saw gains in Management (+10.2), Business/Finance (+13.3), and Computer/Math (+6.4) with a drop in Healthcare (-8.7) following a large gain in July. The Services/Production category showed losses in Food (-15.5), Sales (-10.1) and Transportation (-7.5).

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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SOURCE The Conference Board