Help-Wanted Advertising Index
Market Sensitivity: Low.
What Is It: A measure of newspaper ads with job openings.
News Release on Internet: www.conferenceboard.org/economics/helpwanted.cfm
Home Web Address: www.conferenceboard.org
Release Time: 10:00 A.M. (ET); released the last Thursday of the month and covers the previous month.
Frequency: Monthly.
Source: The Conference Board.
Revisions: Tends to be minor.
Why Is It Important
Why track help-wanted advertisements in newspapers? It turns out to be a reasonable predictor of the economy's direction. When classified ads for jobs increase, it signifies growing confidence in the business community about upcoming sales and profits. The brighter the outlook, the more likely employers will accelerate ...
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