Industry News

Online job ads rebound in August

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The number of new online job ads rose to 2.13 million in August, according to The Conference Board Help-Wanted OnLine Data Series, up more than 4 percent from early summer (June 2005), with gains in eight of the nine Census regions. The Help-Wanted OnLine Data Series measures the number of new 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. Ken Goldstein, labor economist at The Conference Board, noted that the August data largely reflect the job-ad situation prior to Hurricane Katrina, which struck New Orleans and the Gulf Coast of Mississippi on Aug. 29. San Francisco and Salt Lake City, with more than 3 new online ads per 100 persons in the labor force, posted the highest number of ads when adjusted by the labor force of the local area. Labor-force participants include employed persons as well as those actively seeking work. Expressing job ads in terms of the size of the local labor ...