Recent Updates
- New Zealand: Food Price Index, PMI, Main Benefits (Jul)
- New Zealand: Jobseeker Support by Territorial Authority (Jul)
- Korea: Import & Export Price Indexes Press (Jul)
- US: Business Formation Statistics, Producer Prices (Jul)
- US: Business Formation Statistics by State (Jul)
- more updates...
Economy in Brief
U.S. Unemployment Claims Continue on an Uptrend
Initial claims for unemployment insurance filed in the week ended August 6 rose 14,000 to 262,000...
RICS Survey Points to More U.K. Housing Sector Weakness
The survey of housing market conditions in the U.K. continues to show strength in prices versus weakness...
U.S. CPI Unchanged in July with Drop in Energy Prices
Consumer prices were unchanged in July after an outsized 1.3% m/m jump in June...
U.S. Federal Government Budget Deficit Shrinks in July
The U.S. Treasury Department reported a federal budget deficit of $211.1 billion in July...
U.S. Mortgage Applications Rose Slightly in the Latest Week
Mortgage applications increased 0.2% (-62.9% y/y) from one week earlier...
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 |
