·
The National Index of Help-Wanted Advertising published by the
Conference Board fell to 36 in November, the bottom of the 36-40 range
it has moved in since 2Q 2003.
· 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 proportion of labor markets with rising want-ad volume dropped sharply to 37%, roughly half the prior month's strong reading.
· The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the country every month.
· The latest report from the Conference Board is available here.