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Economy in Brief

U.S. Help-Wanted Advertising Remained at a Record Low
by Tom Moeller May 29, 2008

The index of help-wanted advertising reported by the Conference Board held last month at its record low of 19.

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 also held at its downwardly revised March level of 35%. The latest was improved from 12% in August of lat year which was the lowest monthly reading since October 2001.

Each region of the country held steady with the March level except the East South Central where the index fell.

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.

Regulation and the Neo-Wicksellian Approach to Monetary Policy from the Federal Reserve Bank of Dallas is available here.

Conference Board April March April 2007 2007 2006 2005
National Help Wanted Index 19 19 22 26 33 39
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