–Retransmitting Story Published 10:30 ET

By Mark Pender

NEW YORK (MNI) – The nation’s largest employers scaled back their
online recruitment very slightly in the August 15 week, according to
MNI’s U.S. job openings indicator which slipped four tenths from the
prior week to -1.2.

A negative reading indicates that a greater share of the nation’s
largest employers reduced their online recruitment than increased it
during the week.

The industry showing the most pronounced weekly decline is
wholesale trade followed by professional & business services.
Construction led industries showing gains.

MNI’s indicator tracks individual job listings on a weekly basis
from a sample of 500 of the nation’s largest employers, a group that
employs a total of 17.8 million U.S. workers.

Job openings in the week total 227,200, or 1.3% of the sample’s
total U.S. employment.

—

Editor’s Note: This is the debut edition of what will be a weekly
indicator appearing on the MNI main wire every Wednesday at 10:30 ET.
MNI compiles its job openings indicator by tracking career sections of
company Web sites producing a diffusion index that measures distribution
of change.

** MNI New York Bureau: 212-669-630 **

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