Job Ads Posted Online Grow to 3.465M in August

About 3,464,800 online job postings appeared on leading Internet job boards in August, a 169,000 increase from June's 3,295,800, the Conference Board reported yesterday.

"The August increase is good news showing what we hope will be a continued improvement in job demand this fall," said Gad Levanon, senior economist at the Board.

"While all of this is good news, the gap between the number of unemployed and the number of advertised vacancies still remains at about 11 million, with over four unemployed for every online advertised job vacancy."

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