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Economy in Brief

U.S. Help-Wanted Advertising Remained Low
by Tom Moeller January 31, 2008

The Conference Board indicated that its index of help-wanted advertising did rise slightly last month but only to 22 from 21 in November. The figures are at the record lows for the series which dates back to the 1950s.

The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the country every month.

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-ads improved to 59% from a low of 12% in August.

The regions of the country where the index of help-wanted advertising improved m/m were the West South Central, the West North Central, the East North Central, and the Middle Atlantic. States in each of the other regions of the country showed flat or declining ad volume.

The latest help wanted report from the Conference Board is available here.

Conference Board December November December 2006 2007 2006 2005
National Help Wanted Index 22 21 33 26 33 39
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