Report: Help Wanted Virtually Flat

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By: E&P Staff The Conference Board reported that its help wanted index dropped one point for the month of June to 38. May's index stood at 39. The index was at 38 for the previous June.

"Help-wanted advertising volume was on a slow upward trend through February but has now been virtually flat over a four-month period," said Ken Goldstein, an economist with the Conference Board, in a statement. "Likewise, initial unemployment claims reached a plateau in March and haven't moved very much since then. Labor demand will hold up if the economy does."

The firm surveys help-wanted advertising volume in 51 major newspapers across the country every month.

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