Industry News

New England a hot spot for online job ads

Region retains largest supply of postings nationwide

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The Conference Board today announced that its Help-Wanted OnLine Data Series showed the number of new online job ads fell slightly to 1.97 million in July from just over 2 million in May and June. The latest figure is still almost 10 percent higher than the nearly 1.8 million new online jobs posted in April. The Help-Wanted OnLine Data Series measures the number of new, first-time online job ads posted on more than 1,200 major Internet job boards and smaller job boards that serve niche markets and smaller geographic areas. "While the new online job series is in its infancy, latest readings are consistent with other labor market data, which shows the U.S. labor market is holding steady," said Ken Goldstein, labor economist at The Conference Board. The July dip in new online ad postings largely reflects the July 4th holiday week, when ad volume is lower than during the last three weeks of July. "While weekly data often bounce around a bit, ad volume in the last three weeks of July w...