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San Diego Tops Nation in New Jobs Offered Online, With San Francisco and Boston Close Behind

Posted on: Tuesday, 23 May 2006, 16:56 CDT

NEW YORK, May 23 /PRNewswire/ -- San Diego topped the nation in April in new, first-time jobs being offered on the nation's major online job boards, according to The Conference Board Help-Wanted OnLine Data Series.

About 3.43 new online jobs in San Diego were posted in April for every 100 people in that area's labor force. That was tops in the country. Ranking just behind San Diego was San Francisco with 3.34 new online job offerings, Boston (3.29), Seattle-Tacoma (3.28), Denver (3.24) and Washington D.C. (3.06).

The Conference Board report shows that Detroit, hard-hit by automobile cutbacks, had the lowest number of new online jobs offered. The Motor City had less than 1 online job posted (0.77) for every 100 people in the labor force.

The national trend in April showed that new online ads were actually down in all nine major regions of the country compared with March. Still, figures are up in all nine regions from a year ago.

San Diego Online Job Ads Up 50 Percent Over Last Year

"San Diego and San Francisco are two of the hottest labor markets in the country for online job advertising," notes Kenneth Goldstein, senior labor economist at The Conference Board. "New advertisements on online job boards are up more than 50 percent over the last year."

This increase has significant implications for firms based in these areas. "Both direct employers and recruiters and staffing firms are posting a larger number of new unduplicated ads this April compared to their postings last April," Goldstein points out. "But in much of the Midwest, online job ads are up much more modestly, rising 16 percent in the East North Central region which includes Indiana, Illinois, Michigan, Ohio and Wisconsin, indicating employers are casting a smaller employment net."

Nationally, new online job ads dipped in April to 2,262,700. The April level was 138,400, or 6 percent, below the previous month and followed a sharp rise in March. Despite the decline, the number of new ads for online jobs in April was the second highest since The Conference Board launched the Help- Wanted OnLine Data series in April 2005 and well above last year's level.

In April, there were 1.51 online job ads per 100 persons in the U.S. labor force, compared with 1.60 in March and 1.33 in February.

The monthly figures reported in the Help-Wanted OnLine Data Series are the sum of all unduplicated new online job ads for each day of the calendar month. The series is new, with data available monthly beginning in April 2005. It does not yet have a sufficient history to allow for seasonal adjustments.

ABOUT THE NEW ONLINE JOB SERIES

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

Like The Conference Board's long running Help-Wanted Advertising Index of print ads (which has been published since 1951), the new online series is not a direct measure of job vacancies. The level of ads in both print and online may change for reasons not related to overall job demand.

The Conference Board, as a standard practice with new data series, considers the estimates in The Conference Board Help-Wanted OnLine Data Series to be developmental. As a not-for-profit business research organization, The Conference Board is publishing the early months of this series for use by the media, analysts, researchers and the business community. Persons using this data are urged to review the information on the database and methodology available on our website and contact the economists listed at the top of this release with questions and comments.

Background information and technical notes on this new series are available at: http://www.conference-board.org/economics/helpwantedOnline.cfm. The underlying data for this series is provided by Wanted Technologies, Inc. CareerBuilder, Inc. provides financial support for the series.

ABOUT THE CONFERENCE BOARD

Non-partisan and not-for-profit, The Conference Board is the world's leading business membership and research organization. The Conference Board produces The Consumer Confidence Index and the Leading Economic Indicators for the U.S. and other major nations. These barometers can have a major impact on the financial markets. The Conference Board also produces a wide range of authoritative reports on corporate governance and ethics, human resources and diversity, executive compensation and corporate citizenship. Our conference and council programs bring together more than 10,000 senior executives each year to share insights and learn from each other. Visit The Conference Board's award-winning website at http://www.conference-board.org/.

About WANTED Technologies Inc.

Founded in 1997, WANTED Technologies Inc. is a leading provider of real- time sales and business intelligence. Through its proprietary data mining and aggregation technology, WANTED delivers concise, accurate and actionable data, aimed at helping to increase sales and profitability for its clientele throughout North America. WANTED was recently bestowed the Model of Excellence Award by the InfoCommerce Group in recognition of online business innovation. For more information, visit http://www.wantedtech.com/.

About CareerBuilder.com

CareerBuilder.com is the nation's largest online job site with more than 20 million unique visitors and over 1 million jobs. Owned by Tribune Company, Gannett Co., Inc., and Knight Ridder, Inc., the company offers a vast online and print network to help job seekers connect with employers. CareerBuilder.com powers the career centers for more than 550 partners that include 165 newspapers and leading portals such as MSN and America Online. For more information about CareerBuilder.com products and services, visit http://www.careerbuilder.com/.

The Conference Board

CONTACT: Gad Levanon, +1-212-339-0317, or Ken Goldstein,+1-212-339-0331, or June Shelp, +1-212-339-0369, all for The Conference Board

Web site: http://www.conference-board.org/economics/helpwantedOnline.cfmhttp://www.conference-board.org/http://www.wantedtech.com/http://www.careerbuilder.com/

Source: PRNewswire

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