Job Vacancies Posted Online Decline in April

New York, NY, May 11, 2011 -- Job vacancies posted online fell by 124,000 in April from March, the first decrease since 2010, according to The Conference Board.

The 4.3 million jobs posted online in April still beat February's 4.2 million online job ads and topped November's 3.7 million jobs posted online.

However, the April drop might suggest that hiring will slow during the summer, as employers take time to absorb recent new hires, said Conference Board economist June Shelp.

There were about three unemployed workers for every opening online in March, according to The Conference Board.