Jobs Posted on Internet Up 39,900 in February

About 4,423,300 online job postings appeared on leading Internet job boards in February, an increase of 39,900 from January, the Conference Board reported Monday.

“In a positive sign the supply-demand rate dipped below the 3.0 level for the first time since November 2008,” said June Shelp, vice president at the board. “This reflects both significant gains in labor demand as well as drops in unemployment levels since the end of the recession. ... With the monthly level of job demand around 4.4 million, labor demand is back in line with the pre-recession series high in 2007.”

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