Saturday, April 11, 2009

Job losses may begin to slow

The Conference Board keeps track of online job vacancies, and their March '09 report suggests that the slowdown in the decline in online ads (blue line) may herald a similar slowdown in the pace of job losses in coming months. It's another one of those "green shoots" that is consistent with a bottoming in the economy by mid-year.

2 comments:

Gene Prescott said...

According to 'Daily Yonder' rural job losses slowed in February:


http://www.dailyyonder.com/rural-job-losses-slow-february-unemployment-rises/2009/04/12/2060

Scott Grannis said...

Thanks Gene, for the green shoots from the heartland.