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Economy in Brief

U.S. Help-Wanted Advertising Ticked Up
by Tom Moeller July 31, 2008

The index of help-wanted advertising, reported by the Conference Board, ticked up last month to 18 from 17 in May. Both levels were, however, still at or near the record lows for the two series.

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.

Each region of the country held steady with the May level except the West South Central and the West North Central where the indexes rose slightly.

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.

Economic Projections and Rules of Thumb for Monetary Policy from the Federal Reserve Bank of St. Louis can be found here.

Conference Board June May June 2007 2007 2006 2005
National Help Wanted Index 18 17 26 26 33 39
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