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Economy in Brief

Help-Wanted Advertising Still Stalled
by Tom Moeller July 30, 2004

The Conference Board’s National Index of Help-Wanted Advertising remained stalled last month. At 38 the figure was off slightly from 39 in May and about where it's been for over a year.

During the last ten years there has been a 91% 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 31% from 75% in May.

The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the country every month.

Conference Board June May June '03
National Help Wanted Index 38 39 38
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