Magazine article Editor & Publisher

Conference Board Report: Online Help-Wanted Inches Up

Magazine article Editor & Publisher

Conference Board Report: Online Help-Wanted Inches Up

Article excerpt

Online help-wanted advertising has been a disaster for newspapers in the last two year, pulling down digital revenue results with declines that some publishers reported were as high as 60% in the second quarter of this year.

But now the Conference Board is reporting that online job demand that has been basically flat at depressed levels since February inched up slightly in July.

More cheering for publishers in the South, which was hit especially hard by the employment downturn, is the board's finding that larger markets in the region are showing "modest strength." Unfortunately for newspapers in California and the West, that region continues to shows weak job demand.

Online advertised vacancies edged up by 700 to 3,295,500 in July, according to the non-profit business organization's Help-Wanted Online Data Series (HWOL) released this week.

That level is well below the 4.27 million advertised job openings posted in September of 2007. Online job advertisements plunged last December and this January to the current level of about 3.3 million, about 1. …

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