Help Wanted On-Line Data Falls 18K In May
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.
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Demand for labor remained flat, continuing the trend from last year.
Demand fell for workers in the follow categories:
Demand grew for workers in the following categories:
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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