March 31, 2008
Mass. Labor Demand Remains High In March
By Matthew L. Brown
Labor demand in Massachusetts remained relatively strong as online advertised job vacancies posted their first annual decline in March, according to the Conference Board .
The nonprofit business research organization said there were 3.7 million job vacancies advertised online in March. That's a 0.6 percent decline from March 2007 and the first year-over-year decline reported by the Conference Board. The decline reflects slowing annual growth in much of the nation, the board said.
However, the board found 4.24 online job ads per 100 people in Massachusetts' civilian workforce, behind only Delaware, Nevada and Alaska. Also, the board said 136.7 unduplicated job ads appeared in Massachusetts in March, putting it eighth in the nation behind California, Texas, New York, Florida, Pennsylvania, Illinois and New Jersey.
The board said states in the top 10 of those two categories demonstrated continued high labor demand.
The conference board also produces the Consumer Confidence Index and Leading Economic Indicators for the U.S. and other countries.
The nonprofit business research organization said there were 3.7 million job vacancies advertised online in March. That's a 0.6 percent decline from March 2007 and the first year-over-year decline reported by the Conference Board. The decline reflects slowing annual growth in much of the nation, the board said.
However, the board found 4.24 online job ads per 100 people in Massachusetts' civilian workforce, behind only Delaware, Nevada and Alaska. Also, the board said 136.7 unduplicated job ads appeared in Massachusetts in March, putting it eighth in the nation behind California, Texas, New York, Florida, Pennsylvania, Illinois and New Jersey.
The board said states in the top 10 of those two categories demonstrated continued high labor demand.
The conference board also produces the Consumer Confidence Index and Leading Economic Indicators for the U.S. and other countries.
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