Help-Wanted Index

(redirected from Help Wanted Advertising Index)

Help-Wanted Index

An index of the number of job advertisements in major American newspapers. This is used as an indicator of job openings and the general strength of the labor market. When the HWI is low, this means that few firms are hiring, which may result in increased unemployment. On the other hand, when the HWI is high, this means that many firms are hiring and potential employees have a great deal of choice regarding for whom they work. This may cause the firms to raise wages and salaries, which can (but does not always) have a negative impact on equities and bonds.
References in periodicals archive ?
The Challenger Report of Announced Layoffs recorded a healthy decrease in layoff announcements in February, and the Help Wanted Advertising Index improved in January.
However, the help wanted advertising index was mediocre in October, which is usually one of the stronger months of the year for that indicator.