A large portion of the declines in ads in November and December are seasonal declines as businesses cut back recruitment ads during the holiday season.
More Quotes from Ken Goldstein:
The labor market picture remains cloudy.Ken Goldstein
The flat pace in the leading indicators points to continued moderation in U.S. economic activity. This is reflected in indicators for manufacturing, housing, consumer, labor, and financial markets. The economy is starting to reflect the impact of growth restraints.
Ken Goldstein
The September data indicate a general weakening in the job picture nationwide -- a trend we were seeing before the recent hurricanes, ... That data is consistent with the latest CEO Confidence Survey, which is also down.
Ken Goldstein
The indicators may be signaling a spurt of growth ahead, perhaps in the spring, which could be followed by a slower pace of activity later in 2006.
Ken Goldstein
The labor market indicators turned a little more positive this summer.
Ken Goldstein
We discovered for the umpteenth time that what matters most for most Americans is the labor market.
Ken Goldstein
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