Online labor demand dips 123,800 in April, Vermont up 800

first_imgOnline advertised vacancies slipped by 123,800 in April to 4,322,300 according to The Conference Board Help Wanted OnLine (HWOL) Data Series released today. The April decline follows a strong gain of 763,100 in the first quarter of 2011. Vermont was up 800.”Labor demand has risen to levels we last saw just before the official start of the recession four years ago,” said June Shelp, Vice President at The Conference Board. “At the same time, the number of unemployed has doubled and now stands at 13.5 million (March unemployment data), and some professions have clearly fared better than others in job opportunities. At this stage, there are occupations where the supply/demand rate has fallen significantly and there are two or less unemployed for every advertised vacancy. However, other occupations are still experiencing relatively high supply/demand rates above 4.0, reflecting the fact that there are over four unemployed for every advertised vacancy.” (See Occupational detail).REGIONAL AND STATE HIGHLIGHTSThe April dip in labor demand reflects declines in slightly less than half of the States (23) which more than offset gains in the other 27 StatesThe trend in labor demand turned up in 2011 in all of the 20 largest statesAmong the regions, the South declined 57,700 in April. In addition to Maryland (-23,200), Texas, Florida and Georgia were down 9,300, 8,500, and 7,300, respectively and Virginia was down 4,300. Partially offsetting these losses was a gain in North Carolina, up 3,500. In the first four months of 2011, labor demand in North Carolina has risen 25 percent. Among the less populous States in the South, Tennessee gained 800 and Oklahoma rose 1,200 to 46,100 online advertised vacancies in April. Alabama was up by 500, while South Carolina lost 1,700.In April, the Midwest held steady, with a slight dip of 700. Indiana, one of the smaller states in the region, posted the largest gain, up 3,400 to 70,300. Among the larger states, Wisconsin rose 2,000 and Missouri was up 1,200. States posting declines in April included Illinois, down 3,300 to 165,800 and Michigan, down 3,600. Ohio rose by 900 and has gained 36,500 (29 percent) in labor demand thus far in 2011. Among the States with smaller populations, Kansas increased by 1,400 and Iowa and Nebraska added 900 and 600, respectively.The West declined 47,400 this month with losses in some states offsetting gains in others. California had the largest loss with a decline of 36,700; Arizona posted the largest gain (up 1,500) in the region. Colorado and Washington declined 8,400 and 4,200, respectively, while Oregon was down 1,400 to 53,200. Utah declined by 1,600 but its overall increase this year is 6,200 (23 percent). Some of the less populous States posting increases are New Mexico and Idaho which rose 700 and 1,000, respectively.The Northeast was down by 36,000 in April. In addition to Massachusetts (down 11,500), Pennsylvania declined 8,200 and New York fell by 7,100. New Jersey posted the largest gain in the region with an increase of 3,900 to 144,100. Among the smaller States in New England, Connecticut fell by 11,300 while New Hampshire and Vermont were up by 1,600 and 800, respectively. Maine and Rhode Island remained virtually unchanged with slight gains of 200 each.The Supply/Demand rate for the U.S. in March (the latest month for which unemployment numbers are available) stands at 3.05, indicating that there are just over three unemployed workers for every online advertised vacancy. Nationally, there are 9.1 million more unemployed workers than advertised vacancies. In March, there were eight States where there were fewer than two unemployed for every advertised vacancy including North Dakota and Nebraska (Supply/Demand rates of 1.08 and 1.44 respectively) as well as Alaska and Maryland (both at 1.60), New Hampshire (1.68), South Dakota (1.75), Vermont (1.76) and Virginia (1.85). The State with the highest Supply/Demand rate is Mississippi (7.30), where there are more than 7 unemployed workers for every online advertised vacancy. There are a number of States in which there are over four unemployed for every advertised vacancy including Kentucky (5.45), Alabama (4.45), California (4.26), South Carolina (4.20), Florida (4.15), and Michigan (4.00).It should be noted that the Supply/Demand rate only provides a measure of relative tightness of the individual State labor markets and does not suggest that the occupations of the unemployed directly align with the occupations of the advertised vacancies (see Occupational Highlights section).OCCUPATIONAL HIGHLIGHTSThe recovery has been uneven across occupations although supply/demand rates have improved in all of the broad occupational categories since the height of the recessionComputer and mathematical science is the only broad occupational group where the number of advertised vacancies remained above the number of unemployed throughout the recessionSupply/Demand for Selected OccupationsThe recession and the current recovery have not treated all occupations equally. How hard, or easy, it is to find job opportunities vary by occupation. Supply/demand rates provide a measure of how many advertised vacancies there are relative to the number of unemployed workers seeking employment in these occupations. In other words, they are an indication of the relative tightness of the labor market for various professions. Some high wage, high-tech occupations that faired best during the recession (computer and mathematical science, and healthcare practitioners and technical workers, for example) are still proving to have the most favorable supply/demand rates.”While the number of ads relative to the number of unemployed in all of the major occupational categories deteriorated during the recession, for some relatively high-wage, high-tech categories there were always more advertised vacancies than unemployed looking for jobs,” said Shelp. For computer and math occupations, the number of vacancies for unemployed job seekers deteriorated from around nine openings to under two openings as the recession deepened. By last month (March’11) the number of advertised openings was back up to five for every unemployed.In contrast, in office and administrative work, and food preparation and service, the number of unemployed continues to exceed than the number of vacancies. In food prep and service, for example, there were almost eight unemployed for every advertised vacancy in March’11. “That is a significant improvement from the worst month (May’09) when there were 14 unemployed for every advertised vacancy,” said Shelp, “but not a great comfort to those workers still seeking jobs in this field.”Nationally, the supply/demand rate for all occupations in March’11 was 3.05, or three unemployed for every advertised opening. Job categories where there are relatively good opportunities (i.e., not more than two unemployed for every advertised vacancy) in addition to computer and math jobs, include occupations typically called high-tech ‘life, physical, and social sciences (1.0), architecture and engineering (0.8) ‘ as well as business and financial operations (1.4), management (1.5), and healthcare practitioners and technical (0.37) and healthcare support occupations (1.7).Occupations where there continue to be a large number of unemployed for every online advertised opening include construction and extraction (22 unemployed for every opening), production jobs (7.9), building and grounds work (11.1), food preparation and service related jobs (7.8), and personal care and service occupations (7.4). “There has been significant improvement in these occupations since the worst months of the recession, but we still have a long way to go to put all of these workers back into jobs,” Shelp noted.Changes for the Month of AprilAmong the top 10 occupation groups with the largest numbers of online advertised vacancies, categories posting increases included transportation and material moving, up 3,500 to 204,800 and installation, maintenance and repair, up 2,800. Construction and extraction jobs rose 1,200.Occupation that posted fewer vacancies in April included healthcare practitioners and technical occupations, down 28,600 to 568,500. This drop was led by declines in advertised vacancies for speech-language pathologists, occupational therapists, and physical therapists. At the same time, healthcare support occupations fell by 11,400 to 129,100. Similar to the decline in healthcare practitioners and technical positions, there were declines in openings for physical therapist assistants and occupational therapist assistants.In April, office and administrative support vacancies decreased by 14,000 to 459,800. General office clerks, receptionists and information clerks were among the occupations which saw a decrease in advertised vacancies. In the first four months of 2011, office support occupations have gained 59,800. In spite of this increase, job opportunities still remain challenging in this occupational category with 3.45 unemployed workers for every advertised vacancy (March 2011 data, the latest available for unemployment).Food preparation and serving related positions slipped by 14,400 to 135,300 with a drop in demand for a variety of jobs including dishwashers, cooks for institutions and cafeterias, and food preparation workers. There are still almost eight unemployed workers (7.79) for every advertised vacancy (March data). The overall gain in this occupational category since the end of last year has been 25,900 (24 percent).METRO AREA HIGHLIGHTSWashington, D.C., Oklahoma City, Honolulu and Boston have the lowest Supply/Demand ratesIn April, all of the 52 metropolitan areas for which data are reported separately posted over-the-year increases in the number of online advertised vacancies. Among the three metro areas with the largest numbers of advertised vacancies, the New York metro area was 15.2 percent above its April 2010 level, the Los Angeles metro area was 13.8 percent above last year’s level, and the Washington, D.C. metro area was 5.2 percent above its April 2010 level.The number of unemployed exceeded the number of advertised vacancies in all of the 52 metro areas for which information is reported separately. Washington, DC continues to have the most favorable Supply/Demand rate (1.17) with about one advertised vacancy for every unemployed worker. Oklahoma City, Honolulu, Boston, Baltimore and Minneapolis were metropolitan locations where there were just under two unemployed looking for work for every advertised vacancy. On the other hand, metro areas in which the respective number of unemployed is substantially above the number of online advertised vacancies include Riverside, CA ‘ where there are over nine unemployed people for every advertised vacancy (9.07) ‘ Sacramento (5.73), Miami (4.96), and Los Angeles (4.42). Supply/Demand rate data are for March 2011, the latest month for which unemployment data for local areas are available.PROGRAM NOTESNote: The full HWOL time series from May 2005 forward is now available; the initial release of the HWOL annual series revision in January 2011 had been limited to time series data from January 2007 forward. The current April release also includes updated seasonally adjusted data along with a correction for a processing error affecting the November 2009 through January 2011 levels, but the trends for this time period have remained essentially unchanged.The Conference Board Help Wanted OnLineâ ¢ Data Series measures the number of new, first-time online jobs and jobs reposted from the previous month on more than 1,200 major Internet job sites and smaller job sites that serve niche markets and smaller geographic areas.Like The Conference Board’s long-running Help Wanted Advertising Index of print ads (which was published for over 55 years and discontinued in October 2008 but continues to be available for research), the new online series is not a direct measure of job vacancies. The level of ads in print and online can change for reasons not related to overall job demand.With the December 1, 2008 release, HWOL began providing seasonally adjusted data for the U.S., the nine Census regions and the 50 States. Seasonally adjusted data for occupations were provided beginning with the December 2009 release. This data series, for which the earliest data are for May 2005, continues to publish not seasonally adjusted data for 52 large metropolitan areas.People using this data are urged to review the information on the database and methodology available on The Conference Board website and contact us with questions and comments. Background information and technical notes and discussion of revisions to the series are available at: http://www.conference-board.org/data/helpwantedonline.cfm(link is external).The underlying online job listings data for this series is provided by Wanted Technologies Corporation. Additional information on the Bureau of Labor Statistics data used in this release can be found on the BLS website, www.bls.gov(link is external).The Conference BoardThe Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world’s leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.WANTED Technologies Corporation.WANTED is a leading supplier of real-time sales and business intelligence solutions for the media classified and recruitment industries. Using its proprietary On-Demand data mining, lead generation and CRM (Customer Relationship Management) integrated technologies, WANTED aggregates real-time data from thousands of online job sites, real estate and newspaper sites, as well as corporate websites on a daily basis. WANTED’s data is used to optimize sales and to implement marketing strategies within the classified ad departments of major media organizations, as well as by staffing firms, advertising agencies and human resources specialists. For more information, please visit: http://www.wantedtech.com(link is external).Follow The Conference Board NEW YORK, May 2, 2011 /PRNewswire/ —last_img

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