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Economy in Brief

Help-Wanted Advertising Up Slightly
by Tom Moeller November 24, 2004

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.

Conference Board Oct Sept Oct '03
National Help Wanted Index 37 36 36
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