Online Job Ads Rising
May 1, 2007 -- U.S. online job ads have increased 24 percent since April 2006, according to a recently released report from the Conference Board's Help-Wanted Online Data Series.
Online job ads totaled 4,365,000 in April 2007, an increase of 16 percent from the previous month, and represented approximately 2.9 vacancies for every 100 persons in the labor force in April, the report said. Advertised vacancies in April included 2,898,000 news ads that didn't appear in March, along with re-posted ads from previous months.
Management and financial occupations were in highest demand last month, accounting for more than one-third of the online ads, the report said. By state, Massachusetts had the highest number of vacancies posted for the fifth consecutive month, with an average of 5.1 vacancies for every 100 persons in the state labor force.
"The April rise in advertised vacancies reflects some momentum in the labor market, which in turn reflects an economy that is slow but not slowing," Gad Levanon, an economist at the Conference Board, said in a statement.
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