Online Labor Demand Declines 138,500 in September

Staff Report From Georgia CEO

Thursday, October 1st, 2015

Online advertised vacancies declined 138,500 to 5,280,200 in September, according to The Conference Board Help Wanted OnLine Data Series, released today. The August Supply/Demand rate stands at 1.48 unemployed for each advertised vacancy with a total of 2.6 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.0 million in August.

"The third quarter of 2015 closed with a small over-the-quarter decline of 21,000,"  said Gad Levanon, Managing Director of Macroeconomic and Labor Market Research at The Conference Board. "Labor demand in 2015 started with a very strong first quarter, followed by losses in the second quarter and an essentially flat third quarter, leaving the average monthly increases in 2015 at a modest 18,000 per month. While the number of ads flattened in recent months, it remains at a very high level, suggesting a strong labor demand."

In September, the Professional category showed gains in Computer/Math (+11.1), Healthcare Practitioners (+7.1) and Management (+3.9) with losses in the other areas. The Services/Production category saw losses in all areas including Office and Administration (-20.3), Food (-13.0) and Transportation (-11.7).