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Economy in Brief

Help-Wanted Advertising Down Sharply
by Tom Moeller September 29, 2005

The Index of Help-Wanted Advertising from the Conference Board fell sharply in August to 35 from 39 in July, a record low.

During the last ten years there has been a 61% 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 collapsed to 20% from 71% in July and was less than the level averaged 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 Aug July Aug '04
National Help Wanted Index 35 39 37
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