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- Vietnam: Retail Sales (May)
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Economy in Brief
U.S. Pending Home Sales Plunge to Record Low
Pending home sales fell 21.8% in April...
U.S. GDP Decline in Q1'20 is Deepened; Corporate Profits Plunge
Revised GDP figures continue to show sharp falloff in activity...
Kansas City Fed Factory Remains Negative, but Deterioration Moderates
Midwest economic activity continues to decline...
State & Pandemic Assistance Initial Claims Total 46.7 Million in Last Ten Weeks
Initial jobless claims decreased to a still extremely-elevated 2.123 million in the week ending May 23...
Italian Confidence Erodes
Italy's consumer and business indexes plunge in May...
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 |
