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Economy in Brief

U.S. Help-Wanted Advertising Fell to a Record Low
by Tom Moeller April 24, 2008

The index of help-wanted advertising reported by the Conference Board fell sharply last month to 19 from an unrevised 21 in February. The latest level was a new record low.

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 rose slightly to a still low 39%. The latest was nevertheless improved from 12% in August which was the lowest monthly reading since October 2001.

Each region of the country showed a m/m decline in its help wanted index except the Middle Atlantic and the New England regions.

The Conference Board surveys help-wanted print advertising volume in 51 major newspapers across the country every month. The latest help wanted report from the Conference Board is available here.

In 2006, the Conference Board introduced its Help Wanted Online Data Series and the latest release can be found in this link.

Conference Board March February March 2007 2007 2006 2005
National Help Wanted Index 19 21 29 26 33 39
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