Online Job Ads Decrease 8.1% in February
Online job ads decreased 8.1% in February 2006, according to The Conference Board. There were 1.33 online job ads per 100 persons, compared to 1.44 in January 2006.
Online job ads decreased 8.1% in February 2006, according to The Conference Board. Online job ads decreased from 2.16 million in January to 1.99 in February 2006.
There were 1.33 online job ads per 100 persons in the U.S labor force, compared to 1.44 in January 2006.
Ken Goldstein, labor economist with The Conference Board, said: “There are some bright spots where the job market may be picking up, but it’s by no means a clear picture. Based on the online activity and other labor market indicators, it is hard to say that the job market is heating up. Consumers are growing increasingly concerned about the short-term health of the economy and their job prospects.” [Source]
There was a 9.1% decline in online job ads in East South Central (Alabama, Kentucky, Mississippi and Tennessee) and a 8.9% decline in East North Central (Indiana, Illinois, Michigan, Ohio and Wisconsin).
San Diego had the highest number of online job ads, 3.17 job ads per 100 persons in the labor force. Detroit had the lowest number, 0.68 jobs per 100 persons.
Ken Goldstein said: “In the West South Central region, in addition to New Orleans, Oklahoma City, Austin and Dallas may be showing some strength. However, on the east coast, Washington D.C. is the only metropolitan area where this year’s online ad volume hints at any strength compared to last summer’s levels.” [Source]
For more information on the study, click here.
Comments are closed.