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 Conference Board said that its Help-Wanted Advertising Index fell two points in March compared to February and 10 points compared to March a year ago.
The longest time series of vacancies that we have is the Help-Wanted Advertising Index (HWAI) provided by the Conference Board.
Help-Wanted Advertising Index July 07 June 07 May 07 July 06 National Index 25 26 27 31 Proportion of Labor Markets 49% 35% 20% 49% With Rising Want-Ad Volume% Unemployment Rate 4.6% 4.5% 4.5% 4.8%
The Conference Board's Help-Wanted Advertising Index fell one point in November to 21 compared to October.
The Conference Board reported its Help-Wanted Advertising Index fell one point to 23 in October compared to September.
Based on graphs of the unemployment rate against the Conference Board's help-wanted advertising index (a rough proxy for vacancies), Economic Trends says:
The Conference Board Help-Wanted Advertising Index dropped two points in January to 32.
The Conference Board's latest Help-Wanted Advertising Index declined in April for the fourth straight month.
And businesses generally aren't likely to start hiring again before summer, according to the Conference Board, whose latest Help-Wanted Advertising Index dipped, to 40 in February from 46 the same month a year earlier and from 41 in January.