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Benefits December 27, 2001
Help-Wanted Index Plummets Since Last Year
December 27, 2001 (PLANSPONSOR.com) - The number of
help-wanted advertisements across the country dipped by 2%,
from 46 to 45 between October and November, according to the
Conference Board's Help Wanted Advertising Index.
Reported by Camilla Klein
The index has fallen by 40%, pummeled by the US recession, since it stood at 75 in November 2000, according to the private research group.
By region
According to the Help-Wanted Index, between October and November this year, job advertising:
- was down by 7% in the South Atlantic area
- fell by 6% in the Northeast
- dropped by 5% in the East North Central, the West North Central region, and the mountain regions
- dipped by 1% in both the West South Central and the West North Central areas
- remained level in the Pacific region
- gained 1% in the East South Central area.
The Conference Board surveys 51 major newspapers across the country about their patterns of help-wanted ads every month.