Conference Board News Release (08/05/15)
Online advertised vacancies rose 83,700 to 5.4 million in July, according to the Conference Board Help Wanted OnLine Data Series. The June supply and demand rate stands at 1.57 unemployed for each advertised vacancy, with a total of 3.0 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.3 million in June.
“Demand has flattened over the past five months, with alternating monthly increases followed by decreases,” says Gad Levanon, managing director, macroeconomic and labor market research. “Overall, 2015 has shown moderate gains averaging about 38,000 per month, largely due to the very strong January and February increases.”