Recent Updates
- Euro area: Monetary Developments in the Euro Area (Oct)
- China: Bond Issuance (Q3)
- Lithuania: Consumer Surveys (Nov)
- Sweden: Consumer Confidence Survey (Nov), Domestic Supply Price Index, PPI, Home Sales, MFI assets and liabilities, Public
- more updates...
Economy in Brief
U.S. New Home Sales Almost Unchanged Since August
New single-family home sales around the country changed very little in October and also in September...
U.S. Q3 Growth GDP Unrevised at 33.1%; Corporate Profits Rebound
The second estimate of Q3 U.S. real GDP indicated that economic activity rose an unrevised 33.1% q/q...
U.S. Durable Goods Orders Rise Further in October
Manufacturers’ orders for durable goods increased 1.3% m/m (-0.3% y/y) in October...
U.S. Goods Trade Deficit Deepens During October
The advance estimate of the U.S. trade deficit in goods deepened to $80.29 billion during October...
U.S. Initial Jobless Claims Rise for a Second Week
Initial claims for regular state unemployment insurance rose again this past week ending November 21 to 778,000...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
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 |
