Sacramento, state see year-over-year rise in online job ads

Sacramento and all of California saw year-over-year gains in online job ads in December, according to the latest monthly report by The Conference Board, the New York-based business research group.

Sacramento employers posted 31,000 online ads last month, up 7.6 percent from 28,800 in December 2014 but down 4.3 percent from November 2015. It’s not uncommon to see a November-to-December decline as holiday season hiring tends to slack off in December.

California employers posted 626,400 online ads in December, up nearly 55,000, or 9.6 percent, from 571,500 in December 2014, but down almost 4 percent from 651,800 in November 2015.

The board said Wednesday that California had 1.66 unemployed people per advertised job vacancy, higher than the national ratio of 1.4-to-1. Sacramento’s ratio was 1.91-to-1.

Nationally, online advertised job vacancies fell 276,800 to 5.4 million between November and December. For all of 2015, however, increases averaged about 24,000 a month.

The board’s Gad Levanon said: “While labor demand growth has been somewhat slow over the past two years, the monthly employer demand levels have remained consistently high, providing a strong basis for a healthy labor market.”

This story was originally published January 6, 2016 at 11:28 AM with the headline "Sacramento, state see year-over-year rise in online job ads."