Online job postings slump, with most states declining

About 4,717,600 online job postings appeared on leading internet job boards in February, a decrease of 185,700 from January, the Conference Board reported Wednesday.

“The January Supply/Demand rate stands at 1.36 unemployed for each advertised vacancy, with a total of 1.8 million more unemployed workers than the number of advertised vacancies,” the Conference Board said in a release. “The number of unemployed was approximately 6.7 million in January.”

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“In February, online labor demand grew in seven states, and declined in 43 states,” the release said. “All four regions experienced decreases.”

The Midwest fell 56,700, while the West saw a 43,800 drop, the South declined 28,600 and the Northeast fell by 20,000.

In the U.S. there were 1.25 ads per 100 people, down from 1.34 in January.

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