March 12, 2012

Staffing & Employment News, How strong is the recovery? from Redfish Technology

Staffing & Employment News

from Redfish Technology

How strong is the recovery?

 

+ Online jobs advertised grew in February, January and December, according to the Conference Board Help Wanted OnLine® (HWOL). The Supply/Demand rate stands at 2.9 unemployed for every vacancy. “In a positive sign the Supply/Demand rate dipped below the 3.0 level for the first time since November 2008,” said June Shelp, Vice President at The Conference Board. “This reflects both significant gains in labor demand as well as drops in unemployment levels since the end of the recession. Labor demand is up 227,000 over the past three months, continuing to narrow the gap between the unemployed and available jobs. With the monthly level of job demand around 4.4 million, labor demand is back in line with the pre-recession series high in 2007.”

+ The U.S. Economy added 227,000 jobs in February. This is the third consecutive month of gains over 200,000. December and January numbers were also revised upwards. (more…)

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