The latest edition of The Conference Board®-Burning Glass® Help Wanted OnLine™ (HWOL) Index declined 1.5% in March, falling to 99.6 from 101.2 in February.
The index doesn’t show the full impact of the coronavirus pandemic on the job market, since data was collected from February 14 to March 13. The Conference Board said it expects the significant decline in job ads will be reflected in the April release.
Other Burning Glass research found a 43% decline in job postings from the week of March 2 to the week of March 30.
Overall, the index is down 5% from a year ago, with July 2018=100 on the index scale.
Burning Glass research on the coronavirus is available on our COVID-19 page.