Online Advertised Job Vacancies Topping 4 Million

—Advertised Vacancies Up 24%

Total online job ads were 4,365,000 in April, an increase of 610,600 or 16 percent from March, according to The Conference Board Help-Wanted OnLine Data Series. There were 2.9 advertised vacancies online for every 100 persons in the labor force. Over the year April ‘06 — April ‘07, online advertised vacancies increased 24 percent for the nation as a whole.

“Employers are actively looking for the right workers and a relatively tight labor market is forcing them to maintain aggressive advertising plans,” said Gad Levanon, Economist at The Conference Board. “Business sentiment edged up in the first quarter and these indications about hiring plans early in the second quarter suggest business sentiment is continuing to pick up. The rise in advertised vacancies reflects some momentum in the labor market, which in turn reflects an economy that is slow but not slowing.”

The fastest year-over-year growth was in the mid-section of the country with the West South Central and West North Central regions up 41 percent and 35 percent, respectively. The slowest growth was in New England, up 6 percent.

By occupation, 476,200 ads posted for Management occupations this month. Management and Business/Financial occupations account for more than 1/3 of online ads in some regions. Engineering occupations are in high demand in San Jose. For complete findings, visit: http://www.conference-board.org/economics/helpwantedOnline.cfm

—Advertised Vacancies Up 24%

Total online job ads were 4,365,000 in April, an increase of 610,600 or 16 percent from March, according to The Conference Board Help-Wanted OnLine Data Series. There were 2.9 advertised vacancies online for every 100 persons in the labor force. Over the year April ‘06 — April ‘07, online advertised vacancies increased 24 percent for the nation as a whole.

“Employers are actively looking for the right workers and a relatively tight labor market is forcing them to maintain aggressive advertising plans,” said Gad Levanon, Economist at The Conference Board. “Business sentiment edged up in the first quarter and these indications about hiring plans early in the second quarter suggest business sentiment is continuing to pick up. The rise in advertised vacancies reflects some momentum in the labor market, which in turn reflects an economy that is slow but not slowing.”

The fastest year-over-year growth was in the mid-section of the country with the West South Central and West North Central regions up 41 percent and 35 percent, respectively. The slowest growth was in New England, up 6 percent.

By occupation, 476,200 ads posted for Management occupations this month. Management and Business/Financial occupations account for more than 1/3 of online ads in some regions. Engineering occupations are in high demand in San Jose. For complete findings, visit: http://www.conference-board.org/economics/helpwantedOnline.cfm

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