State:
Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
June 30, 2003
Volume of Help-Wanted Ads Stays Low
Help-wanted advertising volume was flat in May, according to the Conference Board's Help-Wanted Advertising Index - a barometer of America's job market. The index now stands at 36. It was 44 one year ago.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

In the last three months, help-wanted advertising declined in eight of the nine U.S. regions. Steepest declines occurred in the Middle Atlantic (-21.0 percent), West North Central (-14.5 percent) and East North Central (-14.4 percent) regions.

"Consumer spending remains the mainstay of this weak economic recovery, says Ken Goldstein, an economist with the Conference Board. "With tax cuts enacted, the consumer is likely to continue hanging in there. Investment remains the missing ingredient. On the supply side, manufacturing remains stuck in a downturn for the third straight summer. Nor is there any sign of recovery in services (excluding health and education). But a real recovery, including a slowdown in layoffs and the opening of new jobs, is far more dependent on recovery in investment than on stronger consumption growth."

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

Latest seasonally adjusted results:

May 03
April 03
March 03
May 02
National Index
36
36*
39*
44
Proportion of Labor Markets With rising Want-ad Volume
37%
20%
47%
25%
Jobless Rate
6.1%
6.0%
5.8%
5.8%

* Revised

Links

Featured Free Resource:
Cost Per Hire Calculator
   
   
 
 
Twitter  Facebook  Linked In
Follow Us
CT-WEB01
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://Compensation.BLR.com
Document URL: http://compensation.blr.com/Compensation-news/Staffing-Training/Job-Advertising/Volume-of-Help-Wanted-Ads-Stays-Low/