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Economy in Brief
U.S. Import Prices Rise With Higher Fuel Costs; Export Prices Steady
Import prices increased 0.5% (3.5% y/y) during September...
EMU IP Gain Is Unexpectedly Strong
After two months of relatively deep declines, EMU IP has turned higher. It gained 1% in August...
U.S. CPI & Core CPI Edge Higher
The CPI rose 0.1% (2.3% y/y) during September...
U.S. Initial Claims for Unemployment Insurance Show Modest Increase
Initial claims for unemployment insurance rose to 214,000 (-11.2% y/y) during the week ended October 6...
U.S. Mortgage Loan Applications Decline As Interest Rates Rise
The MBA total Mortgage Applications Index was fell 1.7% (-14.4% y/y) in the week ending October 5...
by Tom Moeller February 24, 2005
The Conference Board's National Index of Help-Wanted Advertising rose to 41 in January, the highest level in nearly two years.
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 held at a high 71%, indicative of broad based gains.
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.
Help-Wanted Advertising and Job Vacancies from the Federal Reserve Bank of San Francisco can be found here.
| Conference Board | Jan | Dec | Jan '04 |
|---|---|---|---|
| National Help Wanted Index | 41 | 38 | 38 |
