·
The Conference Board's November Index of Help-Wanted Advertising rose to
39 from an unrevised level of 38 in October. A pattern of improvement in
the labor market has emerged this year as the index's level has averaged
39 versus 38 for all of 2004.
· During the last ten years there has been a 62% correlation between the level of help-wanted advertising and the three month change in non-farm payrolls.
· The proportion of labor markets with rising want-ad volume ran counter to that improvement and fell in November to 47% from 65% in October which was near the year's high.
· The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the country every month.
· The latest help wanted report from the Conference Board is available here.