Conference Board's Help-Wanted Index Up

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By: E&P Staff The Conference Board reported that its Help-Wanted Advertising Index increased one point in May to 39. The index was at 36 during the same month last year.

"Initial unemployment claims have improved much since March. Likewise, the Help-Wanted Index was at the same level in May as in March," said Ken Goldstein, an economist at the Conference Board, in a statement. "These indicators are suggestive of a labor market continuing to improve this summer, but at a more moderate pace."

The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the United States.

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