Industry News

Help-wanted advertising declines

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A key indicator that measures job offerings in major newspapers across America dipped two points in April, the Conference Board announced today. The Help-Wanted Advertising Index now stands at 35, down from 37 in March. In the last three months, help-wanted advertising declined in all nine U.S. regions. Steepest declines occurred in the following regions: West South Central (-16 percent), South Atlantic (-12.9 percent) and East North Central (-8.9 percent). "The latest data shows that job advertising softened in April, both in print and online. Total employment in April was only 1.7 percent higher than one year ago. At the start of this year, it was about 2 percent higher than a year ago," said Ken Goldstein, labor economist at The Conference Board. "Other forward indicators of economic activity suggest that job growth this summer may be closer to the current pace than to the pace at the start of the year," Goldstein said. "The number of people signing up for unemploym...