Industry News

San Diego tops nation in online job ads

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Some 1.63 million new online job ads were offered in December, a decline of 187,000, or 10.3 percent, from November, according to The Conference Board Help-Wanted OnLine Data Series. The December level was well below the August 2005 peak of 2.13 million new online job ads. Ken Goldstein, labor economist at The Conference Board, noted that "a large portion of the declines in ads in November and December are seasonal declines as businesses cut back recruitment ads during the holiday season. The December data are in-line with what we are seeing in other data. The overall picture for the 2005 labor market shows levels holding steady but less robust than in early 2005. The Conference Board's latest CEO Confidence Survey tells a similar story. While CEO confidence is up in the fourth quarter, it remains below early 2005 levels." In December there were 1.09 online job ads per 100 persons in the U.S. labor force, up from 1.21 in November, and 1.34 in October. All 52 metropolitan areas for whi...