The Conference Board Help Wanted OnLine® (HWOL)
Online Labor Demand Up 244,700 in November
04 Dec. 2013
- November’s rise was not enough to push 2013 into healthy positive territory
- Demand rose in November in 48 of the 50 States (Table 3)
- Based on Supply/Demand rates, available jobs now outnumber unemployed workers in North Dakota, South Dakota, and Nebraska
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Online advertised vacancies were up 244,700 in November to 5,171,500, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The October Supply/Demand rate stands at 2.3 unemployed for each vacancy with a total of 6.3 million more unemployed workers than the number of advertised vacancies.
“The theme for labor demand this year is up-one-month and down-the-next,” said June Shelp, Vice President of The Conference Board. “Eleven months into the year, we’ve seen six months up and five months down, with a net result of basically flat labor demand (a gain of fewer than 18,000 per month).” (See Charts 1& 2 below)
Since November 2012 employers’ demand for labor has been cautious. While the overall demand for labor has hovered around 5 million this year, the largest numerical gains since last year are for sales workers (+101,000), transportation workers (+71,000), and food service workers (+54,000). The most striking pattern is that many of the high-wage professional occupations have very modest gains. Since last November, demand for computer and math occupations has risen just 6,100 while business and finance occupations are up 4,700. Over the same period, the gains for construction workers (up 8,100) and production/manufacturing workers (up 7,000) are in the middle of the pack with relatively modest gains. (See Table 7 and monthly Occupational Highlights on page 5.)
REGIONAL AND STATE HIGHLIGHTS
- November labor demand up in 19 of the 20 largest States (all but New Jersey)
- 48 of the 50 States increased in November (Alaska along with New Jersey declined) (Table 3)
November Changes for States
In November, online labor demand increased in 48 of the 50 States. New Jersey and Alaska decreased modestly
(-1,300 and -200 respectively). Forty-seven of the 50 States are above last November’s levels while three (Maryland, Virginia, and Nevada) are below (Table 3).
The largest increase in online labor demand occurred in the South, which gained 116,200 in November, led by the increase of 27,500 in Texas, the region’s largest State (Table A). Florida rose 21,700, Georgia gained 12,400, North Carolina and Virginia both gained 7,000, and Maryland gained 4,700. Gains in the smaller States were led by Tennessee (5,700), followed by Louisiana (5,300), South Carolina (3,000) and Arkansas (2,200) (Table 3).
The Midwest was up 83,600 in November. Illinois posted the largest increase (16,200), followed by Michigan (12,800), Missouri (9,700), Minnesota (9,500), Wisconsin (9,100), and Ohio (5,900). Gains among the smaller Midwest States were led by Indiana (8,400), followed by Kansas (5,000), West Virginia (1,800), and North Dakota (1,200).
Online labor demand in the West rose 63,300 in November. California, the largest State, led gains with 26,300, followed by Washington (8,800), Colorado (8,500), and Arizona (5,500). Among the smaller Western States, Oregon increased 5,000, followed by Utah (3,800) and Nevada (1,700). Alaska was down a modest 200.
The Northeast was up 36,200 in November with the largest increase in Pennsylvania (13,300). New York (9,600) and Massachusetts (4,300) also rose, while New Jersey fell 1,300. Among the smaller States in the Northeast, Connecticut posted the largest increase (5,400), followed by Maine (2,000), New Hampshire (1,900, reaching its high), and Rhode Island (1,200).
Supply/Demand rates for the States are for October 2013, the latest month for which state unemployment data are available. The number of advertised vacancies exceeded the number of unemployed only in North Dakota, South Dakota, and Nebraska, with Supply/Demand rates of 0.53, 0.96, and 0.98, respectively. The State with the highest Supply/Demand rate was Mississippi (4.40), where there were over four unemployed workers for each online advertised vacancy (Table 4). Please note that the Supply/Demand rate only provides a measure of relative tightness of the individual State labor markets and does not suggest that the occupations of the unemployed directly align with the occupations of the advertised vacancies.
METRO AREA HIGHLIGHTS
- Nineteen of the largest metro areas (all but Cleveland) increased in November
Metro Area Changes
In November, 46 of the 52 metropolitan areas for which data are reported separately posted increases in the number of advertised vacancies. Modest declines occurred in three Ohio cities — Cincinnati, Cleveland, and Columbus — as well as Nashville, Jacksonville, and Charlotte (Table B and Table 5). Thirty-seven of the largest 52 MSAs (71 percent) had labor demand levels above their levels in November 2012.
With the churn in the labor market, 24 of the MSAs included in HWOL posted August 2013 Supply/Demand rates (the latest available data for unemployment) lower than 2, indicating fewer than two unemployed for every advertised vacancy (Table 6). Among the 52 metro areas, only Salt Lake City had more advertised vacancies than unemployed workers (0.86). Other Metropolitan areas with favorable Supply/Demand rates include Minneapolis–St. Paul (1.15), Oklahoma City (1.18), Washington, DC (1.19), Honolulu (1.23), San Francisco (1.29), Seattle–Tacoma (1.30), and San Jose (1.35).
Metro areas in which unemployed workers substantially outnumber online advertised vacancies include Riverside, CA, with nearly six unemployed workers for every advertised vacancy (5.81), as well as Los Angeles (3.49), Memphis (3.30), Las Vegas (3.19), Detroit (3.15), and Sacramento (3.06) (Table 6).
- In November, all of the top 10 largest occupational groups posted increases (Table C)
- 18 of the 22 major groups in the Standard Occupational Classifications (SOC) increased in November (Table 7)
Occupational Changes for the Month of November
In November, Sales and Related occupations rose 64,800 to 723,400 largely due to increased demand for sales staff including First-Line Supervisors / Managers of Retail Sales Workers; Cashiers; and Sales Representatives for Wholesale and Manufacturing, Technical and Scientific Products. (See Table C and Table 7)
Office and Administrative occupations increased by 39,700 to 532,700 in November, due to higher demand for Customer Service Representatives and First-Line Supervisors / Managers of Office and Administrative Support Workers. Computer and Mathematical Science occupations rose 35,900 to 605,500, largely driven by an increase in demand for Applications Software Developers and Information Technology Project Managers. Healthcare Practitioners and Technical occupations increased by 31,000 to 573,900, based on higher demand for Registered Nurses and Occupational and Physical Therapists.
Management occupations rose 28,500 to 512,800, reflecting higher demand for Marketing and Sales Managers. Food Preparation and Serving-Related occupations increased by 23,800 to 248,200, largely reflecting increased demand for First-Line Supervisors / Managers of Food Preparation and Serving Workers (Table 7). Transportation and Material Moving occupations rose 19,900 in November to 286,800, primarily driven by higher demand for Truck Drivers. Business and Financial occupations increased by 16,600 to 314,500 largely due to increased demand for Management Analysts and Market Research Analysts and Marketing Specialists.
HWOL available on Haver Analytics
Over 3,000 of the key HWOL press release time series are exclusively available on Haver Analytics. The available time series include the geographic and occupational series for levels and rates for both Total Ads and New Ads; in addition to the seasonally adjusted series, many of the unadjusted series are also available. The geographic detail includes: U.S., 9 Regions, 50 States, 52 MSAs (largest metro areas); the occupational detail includes: U.S. (2-digit SOC), States (1-digit SOC) and MSAs (1-digit SOC).
For more information about the Help Wanted OnLine database delivered via Haver Analytics, please email firstname.lastname@example.org or navigate to http://www.haver.com/contact.html. For HWOL data for detailed geographic areas and occupations not in the press release, please contact June.Shelp@conference-board.org or Jeanne.Shu@conference-board.org.
The Conference Board Help Wanted OnLine® Data Series (HWOL) measures the number of new, first-time online jobs and jobs reposted from the previous month for over 16,000 Internet job boards, corporate boards and smaller job sites that serve niche markets and smaller geographic areas.
Like The Conference Board’s long-running Help Wanted Advertising Index of print ads (which was published for over 55 years and discontinued in July 2008), the HWOL series measures help wanted advertising, i.e. labor demand. The HWOL data series began in May 2005. With the September 2008 release, HWOL began providing seasonally adjusted data for the U.S., the nine Census regions and the 50 States. Seasonally adjusted data for occupations were provided beginning with the May 2009 release, and seasonally adjusted data for the 52 largest metropolitan areas began with the February 2012 release.
People using this data are urged to review the information on the database and methodology available on The Conference Board website and contact us with questions and comments. Background information and technical notes and discussion of revisions to the series are available at:
Additional information on the Bureau of Labor Statistics data used in this release can be found on the BLS website, www.bls.gov.
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THE CONFERENCE BOARD HELP-WANTED ONLINE DATA SERIES™
Release Dates for 2014
The next release is scheduled for Wednesday, January 8th, at 10:00 AM ET.
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