Online Labor Demand Rises 83,700 in July

-- Following a weak June, labor demand rises in July

-- Small increases spread across most States

-- Services/Production occupations rebound from June losses

Aug 05, 2015, 10:00 ET from The Conference Board

NEW YORK, Aug. 5, 2015 /PRNewswire/ -- Online advertised vacancies rose 83,700 to 5,384,400 in July, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today. The June Supply/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," said 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."

In July, the Services/Production category rebounded with Office/Admin (+31,600), Food (+10,700), and Transportation (+14,200). The Professional category saw small gains and small losses across the various occupational groups with Education showing the largest gain (+4,300). 

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