Conference Board’s Help Wanted Index up 1 at 24 vs 29 year ago
The Conference Board reports their September Help Wanted Index now stands at 24, up 1 from the August figure but down from a 29 reading a year ago. The proportion of Labor Markets with Rising Ad Volume was 57%. Over the last 3 months Help Wanted Index has fallen in 8 of 9 regions with the largest decline in New England (down 12%) followed by the East North Central Region (large mid-western cities,-10.8%) with losses spread across the country on the order of down 10.5% on average. September Online Advertising Vacancies were up 4% from the August data. There were 2.78 job vacancies advertised for every 100 people in the labor force.