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Economy in Brief
U.S. Construction Remains a Relative Bright Spot
Construction spending dropped 2.9% in April with net upward revisions to previous months...
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Trade deficit widens to $69.7 billion...
U.S. Chicago Business Barometer Weakens Further During May
Chicago PMI fell to lowest level since March 1982...
by Tom Moeller March 31, 2005
The Conference Board's National Index of Help-Wanted Advertising in February held onto the improvement during the prior month and was unchanged at 41.
During the last ten years there has been an 68% 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 slipped to 51% from 69% in January but remained up versus last year.
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.
| Conference Board | Feb | Jan | Feb '04 |
|---|---|---|---|
| National Help Wanted Index | 41 | 41 | 40 |
