Industry News

Job growth ‘not showing much improvement’

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The Conference Board Help-Wanted Advertising Index, a key measure of job offerings in major newspapers across America, dipped one point in January to 37, and was down from 42 one year ago. In the last three months, help-wanted advertising increased in five of the nine U.S. regions. Increases occurred in the Middle Atlantic (5.8 percent), South Atlantic (4.2 percent), New England (4 percent), East South Central (2.5 percent) and East North Central (2.2 percent) regions. The largest decline occurred in the Mountain (-23.6 percent) region. "Economic growth may be picking up in the first quarter but the labor market indicators aren't showing much improvement through January," said Ken Goldstein, labor economist at The Conference Board. "The economy only generated about 195,000 new jobs in January. Online ad volume did recover from a seasonal-related downturn but was no higher in January than in August. Print ad volume (which is seasonally adjusted) edged down in January. Initial unemplo...