Online Labor Demand Rose 170,200 In November
Tuesday, December 9, 2014 at 11:29AM December 3, 2014
- November posts large gain following flat October
- California, Florida and Texas show strong gains along with MSAs New York, Los Angeles and Seattle
Online advertised vacancies rose 170,200 to 5,253,900 in November, according to The Conference Board Help Wanted OnLine (HWOL) Data Series. The October Supply/Demand rate stands at 1.77 unemployed for each advertised vacancy with a total of 3.9 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.0 million in October.
"November labor demand shows renewed strength, helping to boost a slow-growth second half of the year," said Gad Levanon, Managing Director, Economic Outlook & Labor Markets at The Conference Board. "Gains were widespread across states and MSAs with continued positive trend growth across much of the U.S."
In November, the Professional category saw strong gains in Management (17,100), Business and Finance (15,400) and Computer (12,800) with a loss in Healthcare (-11,400). The Services/Production category saw gains in Office/Admin (43,100), Food (20,100) and Transportation (16,900) with a small drop in Sales (-8,800). Supply/Demand rates continue to improve, providing better opportunities for job seekers.
Regional And State Highlights
- Most states and all regions posted gains in November
Metro Area Highlights
- In November, 50 metro areas posted gains, one fell, and one remained constant
Occupational Highlights
- In November, of the 10 largest online job categories, two posted declines (healthcare practitioners and technical occupations and sales and related occupations)
Source: The Conference Board
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