After rapid rises in online job ads in the fourth quarter of 2009 and first quarter of 2010, "labor demand has now settled into more modest growth, pointing to a moderate growth in employment through the end of 2010," said June Shelp, VP at The Conference Board.

Online job ads have increased by 1 million since the end of the recession in June 2009.

The Conference Board's help wanted online report collects online job ad information from more than 1,200 job boards.