Online Labor Demand Increased 13,500 in January

- January starts 2016 essentially flat

- Regions and States also show little change

- Note: January data incorporate updated seasonal adjustment factors; February data will incorporate the HWOL annual revisions

Feb 03, 2016, 10:00 ET from The Conference Board

NEW YORK, Feb. 3, 2016 /PRNewswire/ -- Online advertised vacancies increased 13,500 to 5,496,500 in January, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The December Supply/Demand rate stands at 1.44 unemployed for each advertised vacancy with a total of 2.4 million more unemployed workers than the number of advertised vacancies. The number of unemployed was around 7.9 million in December.

"January showed a disappointing start for 2016," said Gad Levanon, Managing Director of Macroeconomic and Labor Market Research at The Conference Board. "Labor demand levels remain very high but growth has continued to be slow since 2013."

In January, the Professional category saw large gains in Computer/Math (+29.0) and Healthcare (+24.2) with small gains in most other categories. The Services/Production category saw large losses in Sales (-20.5) and Food (-7.7) with a mixture of small gains/losses in the other categories.

For more information, including press release and technical notes: http://www.conference-board.org/data/helpwantedonline.cfm

About The Conference Board

The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

 

 

 

SOURCE The Conference Board



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