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Online Labor Demand Dips 44,400 in February

Conference Board News Release (03/06/13)

The Conference Board’s Help Wanted OnLine Data Series shows a drop in online advertised job vacancies of 44,000 last month to 5.06 million, with a supply and demand rate of 2.4 unemployed per vacancy. The report indicates that online labor demand fell in 40 states, but 44 states remain above the levels reported in February 2012. Online labor demand also declined in 32 of the 52 biggest metro areas, but gains were reported in Philadelphia, New York, Cleveland, Baltimore, Houston, and Los Angeles. By occupational group, gains were seen in office and administrative support; transportation and material moving; and installation, maintenance, and repair; but declines were reported in sales and related; health care practitioners and technical; business and financial operations; and food preparation and serving-related occupations.