According to The Conference Board:
Online advertised vacancies slipped 66,900 to 3,957,000 in February, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series released today. The February dip follows a large increase of almost 750,000 in the previous three-month period. Recent declines in the number of unemployed (labor supply) coupled with the rise in the number of advertised vacancies (labor demand) has narrowed the gap between labor supply and labor demand by 1,500,000, and in January, the latest month of unemployment numbers, there were 10.8 million or 3.69 unemployed for every online advertised vacancy…….read more
Another report published by CareerCast.com/JobSerf found positive news….there was an increase in Managerial Openings in February 2010. This is typically an indicator to future increased hiring as managers are put in place first.
I am not certain how this will ultimately impact Las Vegas and Nevada employment. Typically, we are the first to rebound from an economic slowdown. That clearly has not been the case with this recession. We have lost tens of thousands of Las Vegas jobs over the past 18 months.
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