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Labor demand has been nearly flat in so far this year, according to The Conference Board. U.S. online job ads fell by 92,200 in July to a total of approximately 4.89 million, according to The Conference Board’s report on online jobs ads released today. In the first seven months of 2013, labor demand dipped an average of 12,500 per month.
“In July labor demand continued to be flat,” said June Shelp, vice president of The Conference Board. “While the 4.9 million advertised vacancies in July shows a healthy churn in the labor market for job changers, it does little to reduce the ranks of the unemployed. In the first seven months of 2013 national labor demand has been essentially flat, and the trend is down in more than half of the 20 largest states.”