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 ?
She directs The Conference Board's worldwide Economics Research Program, which produces major studies on economic policy issues and the widely watched Leading Economic Indicators, the Consumer Confidence Index, the Help-Wanted Index and the Business Confidence Index.
The Conference Board suggests that these data be used cautiously until a longer series is available to understand any seasonal patterns and correlations with other labor market statistics such as the Board's help-wanted index and employment and vacancy data from BLS.
The board also produces the Consumer Confidence Index, the Help-Wanted Index and major economic, corporate governance and other management reports that have an impact on both business and the financial markets.
Also on the labor front, The Conference Board reported that its help-wanted index, a reflection of the health of the labor market, moved up two percentage points from August, but was still down 10 points from the previous year.
Key numbers, reporting agency and source publication, usual timing, reference period and revision are referenced for all major weekly, monthly, quarterly and annually published indicators, ranging in diversity from car sales and the help-wanted index to money and credit aggregates.
More than 2,000 companies in 60 countries are members of The Conference Board, which produces the Consumer Confidence Index, the Help-Wanted Index and Business Cycle Indicators for nine countries worldwide.
However, we know from The Conference Board's long running Help-Wanted Index for print ads, as well as the Federal Bureau of Labor Statistics' job vacancy index (JOLTS) that businesses typically decrease their recruitment in the last two months of the year.
help-wanted index dipped a point to 36 in November, matching a four-decade low, the Conference Board said Thursday.
The help-wanted index measures monthly help-wanted advertising volume in 51 major newspapers across the United States.
The Conference Board produces the Leading Economic Indicators, the Consumer Confidence Index, the Help-Wanted Index and other major indicators that have an impact on both business and the financial markets.
The Help-Wanted Index, under these conditions, will stay in the range it has been holding onto for the last five years.