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December 04, 2003
Help-Wanted Advertising Now Flat for Three Months

The volume of help-wanted advertising in the nation's newspapers remained flat in October, according to the Conference Board.

The Conference Board's Help-Wanted Advertising Index was 37 in October, unchanged from the previous two months. The index was 40 a year ago.

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In the last three months, help-wanted advertising declined in seven of the nine U.S. regions. Steepest declines occurred in the Mountain (-10.4 percent), Middle Atlantic (-9.3 percent) and South Atlantic (-7.0 percent) regions.

"Employers are in a wait-and-see mode when it comes to hiring," says Ken Goldstein, an economist with the board. "Although consumers continue to feel that jobs are hard to get right now, they do expect the job climate to improve over the next six months."

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

The latest seasonally adjusted results follow:

Oct 03
Sep 03
Aug 03
Oct 02
National Index
37
37
37
40
Proportion of Labor Markets
With Rising Want-Ad Volum
37%
39%
49%
25%
Unemployment Rate
6.0%
6.1%
6.1%
5.8%

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