vrijdag 8 juli 2016

Help Wanted Online Ads (HWOL) Vs. Unemployment Rate

The Conference Board reports numbers on Help Wanted Online Ads each month.

As you can see, the HWOL is inversely correlated to unemployment rate. So the recent drop in HWOL in June 2016 should be a bearish indicator for the unemployment rate in the U.S.

Monitoring the HWOL is important to predict job numbers.

 

For more info, see this article.