Friday, September 29, 2006

U.S. newspaper help-wanted ad index fell in August


Do we expect that it's going to climb? I'm sure glad somebody paid a private research group the $$ to figure this out.

Let me save ya'll some time and $$, ok?

Internet Advertising Revenue: it's going up.
Newspaper Advertising Revenue: it's going down.

Thanks, that'll be $300, please.

Here's an excerpt from the article: (Reuters)

NEW YORK, Sept 28 (Reuters) - The number of help-wanted ads in U.S. newspapers fell in August, a private research group said on Thursday.

The Conference Board said its gauge measuring help-wanted ad volume in the United States read 31 in August, down from 32 in July and from 37 a year ago.

"The latest data show that job advertising in print edged lower again in August, while the rise in ad volume online continued to slow," said Ken Goldstein, labor economist at the Conference Board, in a statement.

"A stronger job market this winter does not seem likely, given the overall economic environment," he added.

Help-wanted ads declined in eight of the index's nine regions in the last three months, with the steepest fall in the West North Central region, the Conference Board said. The ads in that region fell 17.5 percent.

No comments: