Internet Job Postings See 70,200 Drop in November

About 4,369,200 online job postings appeared on leading Internet job boards in November, a 70,200 decrease from October’s revised level of 4,439,400, the Conference Board reported yesterday.

“Online advertised vacancies began slipping in mid-2007, some six months before the official beginning of the recession, and are now at levels that are over ½ million below the May 2007 peak,” said Gad Levanon, senior economist at The Conference Board. “Some of the largest current decline is in business, financial and management occupations, but labor demand is down as well in a wide range of other jobs such as sales, food service, transportation and repair. Healthcare workers, however, are still in demand.”

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