Economist: 'Labor market could grind to a halt'

A key economic indicator measuring the volume of job ads in major U.S. newspapers dipped one point in January, erasing hope that labor markets will improve anytime soon, The Conference Board reported today.

The Conference Board's Help-Wanted Advertising Index fell to 21 last month from 22 in December, as just 41 percent of labor markets surveyed in January reported rising want-ad volume, down from 59 percent in December.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.