Economist on job market: 'Expect a slow burn'

Seems to me that The Conference Board needs to measure more than just major U.S. newspaper want ads. I wonder if the picture is better or worse if you include all the on-line job ads?

Sent to you by Mike via Google Reader: Economist on job market: 'Expect a slow burn' via Today's Real Estate News by Inman_News on 3/28/08 A report from The Conference Board this week suggests that improvement in the U.S. job market is unlikely before the third or fourth quarter of this year.

The organization's Help-Wanted Advertising Index, a key economic indicator measuring the volume of job ads in major U.S. newspapers, dipped one point in February to 21, and is down nine points from the same time last year.

The Conference Board reported that just 31 percent of labor markets surveyed last month reported rising want-ad volume, down from 43 percent in January. more...

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