Market Overview

Help Wanted On-Line Data Falls 18K In May

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The Conference Board Wednesday released fresh data for May covering Help Wanted On-Line (HWOL) metrics.

Advertised vacancies online fell 18,900 to 4,904,100 in May. April's Supply/Demand rate contracted below two (fewer than two unemployed persons for every vacancy), the lowest ratio in over six years.

Related Link: Value Of U.S. Equity Buybacks In May Drops

Demand for labor remained flat, continuing the trend from last year.

Demand fell for workers in the follow categories:

  • Sales
  • Management
  • Computer

Demand grew for workers in the following categories:

  • Transportation
  • Production
  • Construction
  • Installation

Of the 20 largest U.S. states, 12 posted declines in advertised online vacancies. For the entire 50-state nation, 27 states experienced declines while 22 gained; Hawaii remained constant. The greatest Metro city loss was in Chicago (-5,200) and the greatest Metro city gain was in the Midwest with Minneapolis-St. Paul (+9,500). Detroit notched an increase in help-wanted ads in May of 6,700.

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Posted-In: Economics

 

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