Investing November 29, 2001
Help-Wanted Index Plummets by 12%
October 25, 2001 (PLANSPONSOR.com) - The Conference
Board's monthly Help-Wanted Index, a measure of employment
advertisements, dipped by a point, to settle at 52 in
September, a 34% plunge from its level one year
ago.
Reported by Camilla Klein
Over the quarter, help-wanted advertising fell in all nine regions of the US, with the biggest decreased occurring in:
· the South Atlantic, where help-wanted advertising
plunged by 17.8%,
· the West North Central regions, where the number
fell by 16.3%, and
· the Mountain states, where it fell by 16.2%.
The survey covers job advertising in 51 major newspapers
across the US.