Online advertised vacancies slipped 66,900 to 3,957,000 in February, according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series. The February dip follows a large increase of almost 750,000 in the previous three-month period. Recent declines in the number of unemployed (labor supply) coupled with the rise in the number of advertised vacancies (labor demand) has narrowed the gap between labor supply and labor demand by 1,500,000, and in January, the latest month of unemployment numbers, there were 10.8 million or 3.69 unemployed for every online advertised vacancy.