NEW YORK – About 4,471,200 online job postings appeared on leading Internet job boards in May, an increase of 148,800 from April, The Conference Board reported Wednesday.
“Overall, the trend in online advertised vacancies has been positive this year,” said June Shelp, vice president at The Conference Board. ““Following the large increase of 526,000 in January, over the next four months the increase in advertised vacancies has averaged 66,000 per month. While we have now returned to the pre-recession levels of labor demand, the big difference today is the larger number of unemployed workers that are seeking jobs compared to four years ago."
The Supply/Demand rate for the U.S. in April (the latest month for which unemployment numbers are available) stood at 3.18, indicating that there are just over three unemployed workers for every online advertised vacancy. Nationally, there are 9.4 million more unemployed workers than advertised vacancies.
