Online labor continued to decline in July. Employers posted 1.4% fewer job openings than in June. Year-over-year the online job market declined 4.1%. The current number of posted job openings is 32.7% below peak demand in August 2007.
United States Job Openings (Online Postings) and Unemployment Rate
January 2007 – July 2012
The weekly tracking demonstrates that online labor demand in July was flat. The distinct drop in demand compared to June is likely seasonal.
United States Job Openings (Online Postings)
Note: A weekly update on the United States Job Openings (Online Postings) is available on this blog every Tuesday.
Legend for week-over-week change of labor demand:
|slow||0.1% – 0.5%|
|moderate||0.6% – 1.5%|
Methodology: SkillPROOF surveys the inventories of job openings at direct employers. Job openings are counted and verified every 24 hours. All data sources have been verified for timely removal of filled or closed positions. No data from job boards or search firms is included.
For this report SkillPROOF estimates the counts of job openings. Estimates are calculated directly from SkillPROOF’s actual daily counts of job openings. As part of its calculations, SkillPROOF uses data and findings from reports of the Bureau of Labor Statistics (BLS) (http://www.bls.gov).