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Economy in Brief

Help-Wanted Advertising At Series' Low
by Tom Moeller December 30, 2004

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.

Conference Board Nov Oct Nov '03
National Help Wanted Index 36 37 38
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