Conference Board News Release (04/30/14)
Online advertised vacancies rose 28,900 to 4.92 million in April, according to the Conference Board Help Wanted OnLine Data Series. The March supply and demand rate stands at 2.1 unemployed workers for each vacancy, with a total of 5.6 million more unemployed workers than the number of advertised vacancies.
“April’s modest rise follows a lackluster first quarter and leaves the job market basically flat for the year,” says June Shelp, vice president at the Conference Board. “Employers are replacing the workers that leave, as evidenced by the churn in the labor market—roughly five million advertised vacancies each month—but so far we haven’t seen demand for new workers that would help whittle down the unemployed.”