Demand for workers increased in October, but...
Demand for workers increased in October, but the collapse of financial markets could dampen the hiring outlook, a New York business information group said. The Conference Board said its seasonally adjusted help-wanted advertising index, compiled by surveying help-wanted advertisements in 51 major newspapers across the country, rose to 163 last month--4 points above its September level and 34 points above the year-ago level. The survey found that help-wanted advertising volume was up 1.9% in the Pacific region. Kenneth Goldstein, an economist, said changing attitudes since the Oct. 19 market crash could put an end to the brightening labor scene.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.