By: E&P Staff
The Conference Board’s help-wanted advertising index was flat in September compared to August. The index stands at 30. It was at 37 one year ago.
Help-wanted advertising declined in all nine regions measured by the organization. The steepest drops occurred in West South Central (down 17.5%), South Atlantic (down 14.6%), and West Central (down 13.7%).
“The labor market remains cool going into the final months of the year,” Ken Goldstein, a labor economist with the Conference Board, said in a statement. “Although higher gas prices and a cooling housing market softened the economy, inflation remains a fundamental concern.”
Online data measured by the organization shows that help-wanted advertising slipped in September compared to the previous month.
The Conference Board measures help-wanted print advertising volume in 51 major newspapers in the U.S.