Online Job Advertisements Declined This Month
New York, NY, June 29, 2009--Online advertised vacancies declined 66,700 to 3,294,800 in June, according to The Conference Board Help-Wanted Online Data Series released today.
In the five months since January, online labor demand has dropped 71,000, in contrast to the 1,200,000 decline in the previous five months from August to January.
"We are not out of the woods yet, but job demand has definitely stabilized since January," said Gad Levanon, senior economist at The Conference Board.
"Although there is some bounce in the monthly numbers, the number of online advertised vacancies has held steady in the last three months. Across the U.S., it is an increasingly mixed picture with some states, like Florida and Georgia, showing some modest gains, others such as New York, North Carolina holding steady, and some, like California and Pennsylvania, yet to show real improvement."