Industry News

Online help-wanted ads decline

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The number of new online job ads declined to just more than 2 million in September, according to The Conference Board's Help-Wanted Online Data Series, down 4.4 percent from August, with fewer jobs being offered in all nine major regions of the country. There were 1.36 online job ads per 100 persons in the U.S. labor force in September compared with 1.43 per 100 persons in August. "The September data indicate a general weakening in the job picture nationwide -- a trend we were seeing before the recent hurricanes. That data are consistent with The Conference Board's latest CEO Confidence Survey, which is also down," said Ken Goldstein, labor economist at The Conference Board. The confidence level of CEOs in the third quarter of 2005 sagged to its lowest level in four years. Also, September data from The Conference Board Consumer Confidence Survey revealed that consumers were also feeling less optimistic about the job market, with more consumers saying that jobs are "hard to get" and fe...