Help-Wanted Advertising Down: The Conference Board, a...

Help-Wanted Advertising Down: The Conference Board, a business research organization, reported that its help-wanted advertising index, an inflation-sensitive barometer of demand for labor, fell to 154 in May from 159 in April. In May, 1988, the index stood at 160. The index tracks the volume of classified advertising in 51 major U.S. newspapers and is considered sensitive to changes in demand for labor and general business conditions. The index showed advertising volume rose only on the West Coast.