Benefits May 26, 2006

Online Job Ads Down from March

May 26, 2006 (PLANSPONSOR.com) - While new online job ads were down in all nine regions in April compared with March, according to data from The Conference Board, figures are up from a year ago.
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The Conference Board reports that nationally, new online job ads dipped in April to 2,262,700, which was 138,400, or 6%, below the previous month and followed a sharp rise in March. However, despite the decline, the number of new online ads for jobs in April was the second highest since The Conference Board launched the Help-Wanted OnLine Data series in April 2005.

In April, there were 1.51 online job ads per 100 persons in the US labor force, compared with 1.60 in March and 1.33 in February, according to The Conference Board.

San Diego topped the nation in April in new, first-time jobs being offered on the nation’s major online job boards, with 3.43 new online jobs posted for every 100 people in that area’s labor force.

Detroit , hit by automobile cutbacks, had the lowest number of new online jobs offered, with less than one online job posted (0.77) for every 100 people in the labor force.

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