The job market made a significant push in April. The average daily number of posted job openings grew 7.1%, a rate last seen in April 2010. The job market made up for the slow growth in March when employers barely increased their labor demand. Nevertheless, the current need for more labor has not yet reached last years peak. We will learn over the next 30 days whether employers remain optimistic and continue to post more openings. In order to exceed last years peak the current job…Continue
Online labor demand in March increased just 0.8% compared to February. Nevertheless, there was much movement in the market (see weekly chart below). Year-over-year online labor demand dropped 4.4%.