Conference Board News Release (10/01/14)
Online advertised vacancies declined 137,200 to 5.07 million in September, according to the Conference Board Help Wanted OnLine Data Series. The August supply and demand rate stands at 1.84 unemployed for each advertised vacancy with a total of 4.4 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.6 million in August.
“The September loss offsets most of August’s gain, resulting in only modest overall growth for 2014,” says Gad Levanon, director of macroeconomics and labor markets at the Conference Board. “Following a strong second quarter, the third quarter has ended basically flat.”