Nationwide online job advertisements decreased in October compared to September levels. California had an increase of 1,200 job advertisements from September to October 2012. Nationally, the supply and demand rate was three-to-one compared to four-to-one in California. The supply and demand rate is defined as the number of unemployed individuals for every job advertisement. A lower supply and demand rate indicates that there are a fewer number of unemployed workers for every online advertisement. The supply and demand rates varied between the California regions with most having a higher supply and demand rate than the nation. The Bay Area was the only region that had a lower supply and demand rate than the nation.
Most of the regions in California saw an increase in job advertisements from September 2012 to October 2012.
For more regional and statewide data, view this month's publication
in the Economy
section of the Labor Market Info website.