xxxx

While December and January are still the highest drops in online job listings so far this recession (at just over 500,000 postings), February was a modest 6,600 and March jumped back up to 100,000 fewer job postings.

The March decline reported by the non-profit Conference Board follows a modest dip of 6,600 ads in February, but is well below the record drops of 507,000 and 506,000 in December and January. Online job ads have declined over 25 percent since November.

“The March numbers indicate that we are not at the bottom of the employment cycle but that the declines in labor demand may be slowing,” Gad Levanon, senior economist at The Conference Board, said this week in a news release. “The next two months, April and May, are when employers typically ratchet up their spring hiring.”

Source

Jeremy

View all posts by Jeremy
Jeremys website