Jobs Posted on Internet Off 285,800 in May: Report

About 4,884,200 online job postings appeared on leading internet job boards in May, a decrease of 285,800 from April, the Conference Board reported Wednesday.

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"The large May loss continues a pattern of weak employer demand in 2016," said Gad Levanon, chief economist, North America at the Conference Board. "Following relatively slow growth in 2014 and 2015, we are now seeing some clear signs of softness in labor demand in recent months."

In the U.S. there were 1.44 ads per 100 people, down from 1.52 in April.


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