Online advertised vacancies rose 90,900 during April to 4,760,500, according to The Conference Board Help Wanted OnLine Data Series released today. The increase is the fifth consecutive monthly rise and has led to the series' highest level to date.
The Supply/Demand rate stands at 2.7 unemployed for every vacancy, and the number of unemployed was 8 million above the number of advertised vacancies.
“Labor demand continues its five-month upward trend, which has averaged about 113,000 vacancies per month,” said June Shelp, vice president at The Conference Board. “This is welcome news for unemployed workers or those
looking to change jobs.”
In another positive development, labor demand in two of the traditional white-collar office professions – legal and office and administrative support – has picked up this year. Legal professions, in which demand dropped sharply in 2011, grew by 5,600 (26 percent) since
January while demand for office and administrative workers rose 71,100,