Business & Real Estate

Report: Online job ads surge in California in August

California saw a surge in online job postings in August, according to the latest statistics released by the Conference Board, the New York-based global business research group.

The board said 579,200 online ads by employers were posted statewide last month, up nearly 6 percent from 546,900 in July and a gain of nearly 5 percent from 553,400 in August 2013.

Sacramento saw more modest results: 27,200 in August, up 2.6 percent from July but down 4.9 percent from 28,600 ads posted in August last year.

Nationally, job-vacancy ads rose 164,600 to 5.2 million from July to August this year.

“Labor demand has shown some renewed strength over the past three months with an average increase of 102,000 (online ads) per month,” said Gad Levanon, the board’s director of macroeconomics and labor markets, in a statement.

The board said California had 2.51 unemployed people per advertised job vacancy, higher than the national ratio of 1.92-to-1. Sacramento’s ratio is 2.72-to-1. Riverside, which lost thousands of construction jobs in the recession, had the highest ratio among U.S. cities at 4.74-to-1.