Recent Updates
- New Zealand: Value of Building Work Put in Place by Region (Q4)
- New Zealand: Value of Building Work Put in Place (Q4)
- US: Public Debt (Feb), Mfrs' Shipments Inventories & Orders (Jan), Productivity & Costs with Revisions (Q4)
- more updates...
Economy in Brief
U.S. Initial Unemployment Insurance Claims Rise Just 9,000
Initial claims for unemployment insurance rose modestly by 9,000 to 745,000 in the week ended February 27...
U.S. Productivity's Decline Lessened in Q4'20; Reverses Q3 Increase
Revisions to nonfarm business sector productivity indicated a 4.2% decline during Q4'20...
EMU Unemployment Rate Steadies in January
The overall EMU unemployment rate was steady in January, off peak, but still elevated...
U.S. ADP Nonfarm Private Payroll Increase Disappoints in February
Job market strength moderated last month....
U.S. ISM Services Index Weakens in February
The ISM Composite Index of Services Activity declined to 55.3 during February...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
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 |
