Online Labor Demand Rises 34,200 in August
- Following the July increase, labor demand registers only a small increase in August
- Michigan, California, Texas, and Pennsylvania have largest increases
- STEM jobs show strength in August
NEW YORK, Sept. 2, 2015 /PRNewswire/ -- Online advertised vacancies rose 34,200 to 5,418,600 in August, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The July Supply/Demand rate stands at 1.54 unemployed for each advertised vacancy with a total of 2.9 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.3 million in July.
"Labor demand remained little changed in August, maintaining a basic flat trend over the past six months," said Gad Levanon, Managing Director of Macroeconomic and Labor Market Research at The Conference Board. "The recent flat trend is not particularly troublesome given the continuing high monthly levels of employer demand in the labor market."
In August, the Professional category showed some strength in Healthcare Practitioners (+14.3), Management (+12.1), Business and Finance (+5.2) and Computer (+3.1). The Services/Production category saw gains in Production (+6.4) and Transportation (+4.9) but a large loss in Office and Administration.
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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