By: E&P Staff
Online help-wanted vacancies declined sharply in April, according to the latest data from the Conference Board. Advertised online job posts dropped 16.4% year-over-year — the largest decrease since the Conference Board began the series in May 2005.
The organization measures the number of new, first-time online jobs and jobs reposted from the previous month on more than 1,200 job boards.
“The weakness in online advertised vacancies evident over the last few months deepened in April and hiring is likely to continue to be lackluster into summer,” Gad Levanon, an economist at the Conference Board, said in a statement. “April is a month when we normally see employers increasing their recruitment, but this year it actually declined.”
The organization said that 44 states experienced declines in online vacancies. The six states that posted gains experienced a slower growth rate. The three states with the most advertised vacancies are Alaska, Nevada, and Massachusetts.
In April the number of online vacancies fell 32% year-over-year in California, 12% in Texas, and 15% in New York.