Help-Wanted Index

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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 rise in demand for managers in the technology arena was also reflected in help wanted index changes.
Demand for programmers, another help wanted index sub-category, increased 5.
In addition, I considered a couple of independently measured labor market indicators: the Conference Board's help wanted index and two series related to UI claims.
26, when the Conference Board, an independent body that tracks economic trends, released its monthly Help Wanted Index.
The Conference's Board's October help wanted index slipped to 87, one point down from last year's level.
The Conference Board help wanted index -- which tracks employment advertising volume in 51 major newspapers -- has also flattened in recent months, remaining unchanged in May and June and rising one point in July.