Nationwide online job advertisements decreased in February compared to January levels. California had a decrease of 5,200 job advertisements from January 2013 to February 2013. Nationally, the supply and demand rate was two to one compared to three to one in California. 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 a decrease in job advertisements from January 2013 to February 2013.
(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.)
This month's publication includes updated data for California regions that reflect The Conference Board's 2013 annual program revisions.
For more regional and statewide data, view this month's publication
in the Economy
section of the Labor Market Info website.