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Online Job Demand Up 169,000 in August, The Conference Board Reports
Date:8/31/2009

e is a broad field, and the relative tightness of the labor market varies substantially from the higher-paying practitioner and technical jobs to the lower-paying support occupations. In July, the last month for which unemployment data are available, for every unemployed person looking for work in a practitioner or technical occupation, there were 2.5 advertised vacancies and the average wage in these occupations is $32.64/hour. In healthcare support occupations, where the average wage is $12.66, there were over two unemployed for every advertised vacancy.

Advertised vacancies in Management occupations have trended upward since May and in August rose 18,900, or 5 percent, to 431,600. The number of unemployed still exceeds the number of advertised vacancies, and in July there were almost two unemployed (1.7) for every online advertised vacancy in the management field. The Management jobs with the largest August increases include medical and health service managers and food service managers.

Among the top 10 occupations in August with online advertised vacancies, Computer and Mathematical Science rose 8,800 to 406,800; Sales and Related occupations rose 6,200 to 382,100; and Office and Administrative Support rose 7,400 to 347,100. Only two of the top 10 occupation categories dipped in August, Business and Financial operations, down 2,100 to 174,900, and Arts, Design, Entertainment, Sports and Media, down 1,100 to 100,800. Job demand for Architecture and Engineering was unchanged at 117,700.

Supply/Demand rates indicated that, among the occupations with the largest number of online advertised vacancies, there is a significant difference in the number of unemployed seeking positions in these occupations. Among the top ten occupations advertised online, there were more vacancies than unemployed people seeking positions for Healthcare Practitioners (0.4) and Computer and Mathematical Science (0.6). On the ot
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SOURCE The Conference Board
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