NEW YORK – About 3,642,000 online job postings appeared on leading Internet job boards in December, a 255,000 increase from November's 3,387,000, The Conference Board reported today.
“Employers’ modest increase in demand for labor in the second half of 2009 is a nice way to end what has been a very challenging year,” said Gad Levanon, senior economist at The Conference Board. “The gap between the number of unemployed and the number of advertised vacancies is still very high, but the recent six months indicate that things are slowly moving in the right direction. The gap between the number of unemployed and the number of advertised vacancies is about 12 million, with 4.5 unemployed for every online advertised vacancy.”
The rise ends 2009 on a positive note, as job demand averaged a gain of 58,000 a month in the second half of 2009 compared to a 91,000 decline in the average month in the first half of the year.
Gap between the number of unemployed and advertised vacancies stands at 12 million (November 2009) compared to 2.9 million in December 2007 at start of the recession.
