By: E&P Staff The Conference Board announced it has started measuring help-wanted ads online.
In June there were over 2 million first-time postings on major Internet job boards, essentially unchanged compared to May figures and up from 1.8 million new job ads posted in April.
The measure provides a monthly count of unduplicated ads posted for the first time on over 1,200 major Internet job boards including boards that serve small markets.
The New England region led all other regions in online postings in June. Just over two new ads were posted for every 100 persons in the New England labor force (which includes people now working and those seeking jobs). This measure scales the number of help-wanted online ads to adjust for the size of the labor force.
Weakest job advertising in June was in the West South Central region, which offered just under one online job ad per 100 people in the labor force.
"While the labor market typically demonstrates positive seasonal growth in advance of summer, the seasonal patterns for this series have not yet been identified," Ken Goldstein, an economist at the Conference Board, said in a statement.
"Internet usage also varies across communities, suggesting that the relationship between the number of new job openings and new job postings differs across geographies. As the Conference Board Help-Wanted OnLine Data Series grows longer, we will know more about its seasonality and its relationship to other labor market factors."
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