The New England region, at 1.88 ads per 100 workers, continues to lead the way in the number of ads per 100 participants in the labor force. Following closely are the Pacific Coast (1.86) and Rocky Mountain (1.84) regions

The Conference Board Help-Wanted OnLine Data Series™ – reveals that the number of new online job ads fell slightly to 1,970,000 in July from just over 2 million in May and June. The latest figure is still almost 10 percent higher than the 1,799,000 new online jobs posted in April.

Online ad volume in the Rocky Mountain, Pacific and South Atlantic regions continues to show steady growth (discounting the impact of the July 4th holiday).

Declares Ken Goldstein, labor economist at The Conference Board: “While the new online job series is in its infancy, latest readings are consistent with other labor market data, which shows the U.S. labor market is holding steady. The Conference Board’s Help-Wanted Advertising Index (which covers classified print job advertising in major newspapers throughout America), and job opening and labor turnover data from the U.S. Bureau of Labor Statistics all suggest a generally stable job market.”

The July dip in new online ad postings largely reflects the July 4th holiday week, when ad volume is lower than during the last three weeks of July. “While weekly data often bounce around a bit, ad volume in the last three weeks of July was in-line with the numbers we saw in May and June,” Goldstein notes.

The Conference Board Help-Wanted OnLine Data Series™ measures the number of new, first-time online job ads posted on more than 1,200 major Internet job boards and smaller job boards that serve niche markets and smaller geographic areas.

New England Outpaces All Other Regions

The July numbers translate into 1.33 new online job ads for every 100 persons in the civilian labor force (people who are employed and those actively seeing work). The New England region, at 1.88 ads per 100 workers, continues to lead the way in the number of ads per 100 participants in the labor force. Following closely are the Pacific Coast (1.86) and Rocky Mountain (1.84) regions.