30 October 2003, 18:14 US Help-wanted index unchanged at 37 in Sept
NEW YORK, Oct 30 - The number of help wanted ads
in major U.S. newspapers was unchanged in September, a report
said on Thursday, indicating the labor market may be
stabilizing.
The Help-Wanted Advertising Index, a barometer of the
availability of new jobs, held steady at 37 in September,
according to private research firm the Conference Board.
"While employment gains have been scant, the number of
layoffs has slowed," said Ken Goldstein, an economist at the
Conference Board.
The stabilization of job ads comes just after a government
report published on Thursday showed first-time claims for
unemployment benefits fell by 5,000 to 386,000.
The Conference Board compiles its index by surveying
help-wanted ad volume at 51 newspapers across the country each
month.||
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