US newspaper help-wanted ads slipped in May

30 Jun, 2006

The number of help-wanted ads in US newspapers fell in May, a private research group said on Thursday. The Conference Board said its gauge measuring help-wanted ad volume in the United States was 33 in May, down from 35 in April. The index was 38 a year ago.
"Businesses remain cautious about hiring when near-term economic prospects appear soft," said Ken Goldstein, labour economist at the Conference Board, in a statement.
Help-wanted ads declined in all nine regions, with West South Central, West North Central and Pacific showing the biggest declines, the Conference Board said.

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