Jobs Posted on Internet Decrease 99,700 in June

About 4,371,500 online employment postings appeared on leading Internet job boards in June, a decrease of 99,700 from May, the Conference Board reported Wednesday.

“The national trend in labor demand, while still positive, has definitely slowed in the last few months as gains in one month are partially offset by a pullback in advertised vacancies in the next,” said  Conference Board vice president June Shelp.

“The pattern over the last few months is beginning to look like the very slow growth in labor demand in 2010,” she said. “After the large increase of 526,000 in January, average monthly job growth over the next five months has been choppy and has averaged about 33,000 per month.”

“The current number of advertised vacancies is close to the monthly 4.5 million posted just prior to the recession. However, in May there were just over three unemployed workers seeking jobs for each vacancy — double the number of 1.5 unemployed for every advertised vacancy just prior to the recession.”

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