Quotations

«The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.»

«That's about as good as it gets for the next six months. We're about to downshift at least one gear, especially with respect to the job market.»

«Historically, job advertising drops off in the months of November and December. This online series does not have a long enough history to seasonally adjust the data. However, we know from The Conference Board's long running Help-Wanted Index for print ads, as well as the Federal Bureau of Labor Statistics' job vacancy index (JOLTS) that businesses typically decrease their recruitment in the last two months of the year. This seasonal November decline typically reflects the Thanksgiving holiday and a slowdown in recruitments after a seasonal upturn in the late summer/early fall. Year-end budget constraints may also play a role if funds are short for paid advertisements. Nationally, the downturn in new online ad volume the week before and the week of Thanksgiving more than offset the modest increases in the other weeks in November.»

«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.»

«The latest readings on print want-ad volume suggest that job growth won't reach the 200,000-a-month pace for at least the next few months.»

«Consumers are concerned that wages are not keeping pace with inflation, and managers feel they can't raise prices. It's difficult to imagine how both can be satisfied in 2006.»

«Productivity is the wild card. It's the one thing that has kept the tension between prices and wages on a low simmer.»

«The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.»

«The coincident economic indicators have been rising moderately but steadily in recent months, suggesting the economy is sustaining a relatively moderate pace.»

«The Leading Economic Index, however, rose sharply in three of the last four months. That could be a signal of a faster pace this spring.»