January 17, 2006

Online job postings decline

Fewer jobs were posted online in December compared to the previous month, the Conference Board reported Tuesday.

The New York-based economic research group said that only 1.632 million jobs were posted on the Internet, well below the August 2005 peak of 2.131 million new online job ads.

"A large portion of the declines in ads in November and December are seasonal declines as businesses cut back recruitment ads during the holiday season. The December data are in-line with what we are seeing in other data. The overall picture for the 2005 labor market shows levels holding steady but less robust than in early 2005," said Ken Goldstein, a labor economist at the Conference Board, which conducts the monthly help-wanted online data series.

Citation: Online job postings decline (2006, January 17) retrieved 25 April 2024 from https://phys.org/news/2006-01-online-job-decline.html

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