Help wanted ads in U.S. fell in November

Dec. 29, 2005 at 10:26 AM
share with facebook
share with twitter

NEW YORK, Dec. 29 (UPI) -- Help wanted ads in big U.S. newspapers edged up last month, an industry group reported Thursday.

The New York-based Conference Board said its index of such activity rose 1 point to 39. The index was 36 a year ago.

"The labor market indicators reflect a loss of economic momentum, even eliminating the impact of the storms and flooding," said Conference Board economist Ken Goldstein.

"Job advertising volume in newspapers was only slightly higher in November than in August. Online job ads have actually slowed in recent months. All of these data suggest the post-holiday labor market will remain relatively soft."

Related UPI Stories
Trending Stories