Conference Board News Release (12/02/15)
Online advertised vacancies increased 232,000 to 5.7 million in November, according to the Conference Board Help Wanted OnLine Data Series. The October supply and demand rate stands at 1.45 unemployed for each advertised vacancy with a total of 2.5 million more unemployed workers than the number of advertised vacancies. The number of unemployed was around 7.9 million in October.
“Following a weak second and third quarter, employer demand has strengthened in the fourth quarter with two months of strong increases,” says Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board. “In 2015, employers have continued to show high levels of monthly labor demand along with a moderate average monthly growth.”