US Online Job Market declines 4.4% in November.

Online labor demand dropped another 4.4% in the United States in November. Part of the decline is a seasonal adjustment which is common around this time of the year. This year it adds to the lackluster labor market making it even harder for the unemployed. Year-over-year demand is up only 1.8% leaving much to wish for during the holiday season.

 

United States Job Openings (Online Postings)

January 2007 - November 2011

 

The weekly analysis shows a that the decline in online labor demand slows during the month of November. This may indicate that a further weakening of the labor market in December could be limited.

 

United States Job Openings (Online Postings)

Weekly, 2010 - 2011

Note: A weekly update on the United States Job Openings (Online Postings) is available every Tuesday at www.skillproof.com

Legend for week-over-week change of labor demand:

flat 0%
slow 0.1% - 0.5%
moderate 0.6% - 1.5%
fast > 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).



 

 

Views: 34

Comment by Henning Seip on November 30, 2011 at 8:51am

 

ADP today reported that employment in the U.S. nonfarm private business sector increased by 206,000 from October to November on a seasonally adjusted basis. More: www.adpemploymentreport.com

 

 

Comment by Henning Seip on December 2, 2011 at 9:06am

BLS reported today: The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000. More: www.bls.gov

 

Comment by Henning Seip on December 6, 2011 at 9:44am

Update: US Online Job Market, November Week 4: Down 1.9%. More: http://www.skillproof.com/?p=1972

Comment by Henning Seip on December 13, 2011 at 12:15pm

Update: US Online Job Market, December Week 1: Down 0.8%.

More: http://www.skillproof.com/?p=1986

Comment by Henning Seip on December 20, 2011 at 8:35am

Update: US Online Job Market, December Week 2: Down 0.4%.

More: http://www.skillproof.com/?p=1994

Comment by Henning Seip on December 27, 2011 at 8:01am

Update: US Online Job Market, December Week 3: Down 0.7%.

More: http://www.skillproof.com/?p=2002

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