Online Job Demand Registers Strong Increase of 222,700 in April

Online Job Demand Registers Strong Increase of 222,700 in April, The Conference Board Reports

Job demand has surged 870,000 for an increase of 27% over the past six months

April increase in labor demand is broad across states, regions, and many occupations

Demand for workers rises in numerous occupations including management, office help, and sales workers

Online advertised vacancies rose 222,700 to 4,150,000 in April, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series released today. Over the past six months, labor demand has increased by 870,000, and this increase has been widely shared across the States and occupational categories.

“In a welcome sign for the job market, employers began the spring hiring season with a large 223,000 increase in demand for workers,” said June Shelp, Vice President at The Conference Board. “Providing evidence of the strengthening economy, labor demand in April rose in practically every State and a wide variety of occupations from management positions to office workers and sales help. Improved job prospects also contributed to the April rise in The Conference Board Consumer Confidence Index® to its highest level since September 2008. The gap is beginning to narrow, but the number of unemployed continues to outnumber advertised vacancies by 3.82 to 1 (based on the latest March unemployment numbers).” (Chart 1).

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Source: The Conference Board