Pent-up Labor Demand Continues to Build

The latest release of The Conference Board Help-Wanted Online data shows a big jump in online want ads in January.

This gap between want-ads and hiring is evidence of pent-up labor demand. I believe that it will spill over into large-scale actual hiring in 2011.

About Michael Mandel 127 Articles

Michael Mandel was BusinessWeek's chief economist from 1989-2009, where he helped direct the magazine's coverage of the domestic and global economies.

Since joining BusinessWeek in 1989, he has received multiple awards for his work, including being honored as one of the 100 top U.S. business journalists of the 20th century for his coverage of the New Economy. In 2006 Mandel was named "Best Economic Journalist" by the World Leadership Forum.

Mandel is the author of several books, including Rational Exuberance, The Coming Internet Depression, and The High Risk Society.

Mandel holds a Ph.D. in economics from Harvard University.

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