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Economy in Brief

Help-Wanted Advertising Lowest Since 1961
by Tom Moeller June 29, 2006

The Index of Help-Wanted Advertising from the Conference Board fell to 33 in May from 35 the prior month and an average of 39 last year. The decline dropped the figure to its lowest level since July 1961.

During the last ten years there has been a 60% 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 dropped to 27% versus an average 48% 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.

Help-wanted advertising and job vacancies from the Federal Reserve Bank of San Francisco can be found here.

Conference Board May April May '05
National Help Wanted Index 33 35 38
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