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Economy in Brief

Help-Wanted Advertising Off
by Tom Moeller February 22, 2007

The Conference Board reported that its Index of Help-Wanted Advertising in January fell to 32 from an upwardly revised 34 in December.

During the last ten years there has been a 57% 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, however, halved to 39% from an upwardly revised 80% during December. In spite of the latest decline, the three month moving average of the indicator at 53% remained much improved from 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 January December January '06
National Help Wanted Index 32 34 38
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