Help-wanted ads in late-'79 dip

The help-wanted advertising index dropped nine points in November after a strong rebound in September and October, the Conference Board reports. At 158 (1967 equals 100), the seasonally adjusted index is at its lowest reading since August and rests three points below the year-ago level of 161.

Want-ad volume declined in all nine areas of the country.The Mountain states showed the steepest decrease (11.7 percent), followed by the West South Central (5.9 percent), the West North Central (5.4 percent), and the Pacific states (5.1 percent). The East South Central region declined only 2.1 percent, the lowest in the country.

The help-wanted index measures the volume of classified advertising in 51 major newspaper across the nation. It is sensitive to changes in the demand for labor, as well as general business conditions.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK