Online Labor Demand up 106,900 in January
- January gain follows a rise of 217,900 in December
- National figure includes a mixture of gains and losses across the States
- NOTE: This year's annual revision will be released with the February 2013 data on March 6, 2013. The revision will include the introduction of the 2010 SOC occupational codes, several methodology improvements along with update to the seasonal adjustment factors.
NEW YORK, Jan. 30, 2013 /PRNewswire/ -- Online advertised vacancies rose 106,900 in January to 5,044,700 according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The Supply/Demand rate stands at 2.5 unemployed for every vacancy. In December, there were 7.3 million more unemployed than the number of advertised vacancies, down from 11.8 million at the end of the recession in June 2009.
"January was a mixed bag for labor demand," said June Shelp , Vice President at The Conference Board, "with gains in some States offsetting losses in others." About two thirds of the States posted gains while one third of the States were down, and about half of the 22 major occupational groups were up in January. Winning occupations included Food Preparation and Serving along with Transportation and Material Moving while traditional office occupations — Business and Finance, Computer and Math, and Office and Administrative Support — declined.
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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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