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Online job ads fall by 101,800

September 28, 2009
Staffing Industry Analysts North American Daily News

The number of U.S. jobs advertised online fell by 101,800 in September to 3.36 million, according to The Conference Board's measure of online help-wanted ads released today.

September's decline helped erase a portion of August's gain of 169,000.

"While the trend has been modestly upward and averaged 40,000 per month over the last five months, the labor market continues to have a hard time gaining momentum," said Gad Levanon, senior economist at The Conference Board. "The Conference Board employment trends index, which has been basically flat for three straight months, also helps highlight the difficulty the labor market is facing. With a growing consensus of a weak recovery, businesses seem to be slow to boost advertising for vacant or new positions."