Industry News

Online job ads up 10%

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New online job ads across the United States increased to 2.57 million in August, with New England leading the growth, according to The Conference Board Help-Wanted OnLine Data Series, released today. Last month's supply of online job ads grew by 239,905, or 10 percent, from the previous month and rose 20.8 percent from the August 2005 level. In August, there were 1.71 online job ads per 100 persons in the U.S. labor force, compared with 1.55 in July 2006 and 1.63 in June. "The 10 percent August increase is consistent with the seasonal rise one would expect at the end of the summer as many employers start gearing up for fall," said Gad Levanon, economist at The Conference Board. "In the last few months, the federal Bureau of Labor Statistics data on job openings has been signaling a weakening employment outlook. The August online job ads are a bit more of a positive signal, with job ads staying in line with what we would expect for this time of year." New online job ads rose in all n...