∙ U.S. Job Advertising Fell Off in May

---

”Online advertised vacancies dipped 45,700 in May to 4,714,800, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series…." [However, ads were 8.2% above those placed in May 2011.] ”The Supply/Demand rate stands at 2.6 unemployed for every vacancy…. “’After rising 564,000 over the last five months, labor demand dipped in May. Despite this drop, strong employer demand has created growing opportunities for both job-changers and the unemployed and has also helped significantly lower the unemployment rate…’ said June Shelp, Vice President at The Conference Board. "In May over half of the 50 States are now posting advertised vacancies that are above their pre-recession highs. The largest gains were in the Midwest with Michigan up 53 percent from its pre-recession high. Other Midwestern States with increases above 40 percent include North Dakota (46%), Indiana (44%), and Ohio (41%).” Source: The Conference Board

---