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Online Labor Demand Falls 144,300 in June

Conference Board News Release (07/01/15)

Online advertised vacancies fell 144,300 to 5.3 million in June, according to the Conference Board Help Wanted OnLine Data Series. The May supply and demand rate stands at 1.59 unemployed for each advertised vacancy, with a total of 3.2 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.7 million in May.

“The first half of 2015 shows moderate growth with a strong first quarter partially offset by a weak second quarter,” says Gad Levanon, managing director, macroeconomic and labor market research. “Overall employer demand for labor still continues at a very high level.”