About 3,857,200 online job postings appeared on leading Internet job boards in November, a decrease of 76,200 from October, the Conference Board reported Wednesday.

"The November decline in labor demand, following on the heels of the drops for the previous five months, is not good news for the labor market," said board vice president June Shelp.

The supply-demand rate stands at 3.53, indicating there were 3.5 unemployed for every online advertised vacancy in October, the latest monthly data available for unemployment, the board said.

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