It is getting slower out there. Over the past four months, growth rates of US job postings have been on a slide downwards with the latest addition in May of only 2.1%. Employers posted a daily average of 2,600,000 job openings (estimate) during the last 30 days, just 55,000 more than in April. Four of the five largest metro area posted gains. Employers in the New York Metro area added just 1.0% while the Los Angeles job market remained virtually unchanged (down 0.4%).

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Spring is here as rising temperatures indicate. It's the time when optimism gets a boost and we look forward to summer fun. Unfortunately current developments in the job market cause some concern. While labor demand is still rising, the speed of growth is slowing. Employers in the US increased their online job postings by 3.1% in April as compared to March. Since February this is the third consecutive month of declining growth. While demand increased by 6.1% in February as compared to…