Industry News

Online job ads increase nationwide

Supply grows more abundant in California markets

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

New, unduplicated online job ads grew 3 percent in June from the previous month, with the largest supply per capita located along the nation's East and West coasts, according to The Conference Board Help-Wanted OnLine Data Series, released today. Some 81,800 new online job ads were posted last month to more than 1,200 Internet job boards nationwide, bringing the total number of postings to approximately 2.44 million. The number of new ads for online jobs in June marks a new peak for the series, surpassing the previous high in March 2006 of 2.4 million. In June, there were 1.63 online job ads per 100 persons in the U.S. labor force, compared with 1.57 in May 2006, 1.51 in April and 1.6 in March. Between June 2005 and June 2006, new online job ads increased 19 percent. "While the number of online job ads rose in June, the monthly growth rate has slowed over the last several months," said Gad Levanon, economist at The Conference Board. "The slowdown in month-over-month growth is consist...