Help-Wanted Index - HWI
A key barometer of the U.S. job market published monthly by the Conference Board showing total help-wanted advertisements for the month from 51 major newspapers across the country.
Investopedia Commentary
This is an indicator of the strength of the labor market. Large numbers of ads imply the labor market is strong and wages will need to increase to attract more workers. If the number of ads are few, the labor market is weak and wages will decrease as workers will be willing to accept lower wages.
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See also: Aspirin Count Theory, Boston Snow Indicator, Indicator, Leading Lipstick Indicator, Skirt Length Theory, Super Bowl Indicator
Also spelled: HWI