·
The National Index of Help-Wanted Advertising published by the
Conference Board rose slightly to 37 in October but has been moving
sideways since 2Q 2003.
· The proportion of labor markets with rising want-ad volume, however, more than recovered the prior month's plunge and jumped to 71%, the highest level since May.
· During the last ten years there has been an 88% correlation between the level of help-wanted advertising and the year-to-year change in non-farm payrolls.
· The Conference Board surveys
help-wanted advertising volume in 51 major newspapers across the country
every month.