WANTED Technologies Predicts Gain of 5,000 Jobs in Upcoming February '10 BLS Employment Report

NEW YORK, March 1 /PRNewswire-FirstCall/ -- WANTED Technologies (TSX-V: WAN), the leading source of real-time employment market information, is forecasting that the Bureau of Labor Statistics (BLS) will announce a gain of 5,000 jobs in its upcoming report on US non-farm payrolls for February 2010, only the second gain since the start of the recession in December 2007.

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The forecast for February of a gain of 5,000 jobs is an improvement over the January loss of 20,000 jobs. Since January, Unemployment Insurance claims remain flat, while Continued claims have fallen over the past few weeks. Also, WANTED's Hiring Demand indicators continue to show a steady increase in new job ads. This growth in Hiring Demand, combined with current trends in UI claims, allow WANTED to forecast a positive month-over-month employment report.

WANTED's forecasting model incorporates overall Hiring Demand based in part on a weekly measurement of the number of job ads placed with online job boards. The weekly Hiring Demand data that WANTED collects from online job boards tracks employment levels at the industry and occupational level. (More detailed analysis is available at http://www.wantedanalytics.com/insight/.)

WANTED's forecasts and analysis are available as part of its subscription-based Hiring Demand Indicators™ (HDI) service. The online service offers timely Hiring Demand data for economists and researchers monitoring the recent stimulus package and the economic recovery. The HDI service includes: a license to access WANTED Analytics™ Apps, a suite of applications that provide real-time employment market intelligence; and the analysis and discussion in WANTED's blog, "Jobs. Trends. Insight."

WANTED also supplies its data to The Conference Board, which relies on it to produce its monthly Help-Wanted OnLine Data Series™.

About WANTED Technologies Corporation

WANTED is the leading source of real-time employment market information. The company provides insight and intelligence via its family of WANTED Analytics™ Apps found at www.wantedanalytics.com. Clients in the media, HR/staffing and government sectors use WANTED Analytics Apps to prioritize sales opportunities, identify economic trends, and analyze competitive market conditions.  

WANTED is also the exclusive data provider for The Conference Board's Help-Wanted OnLine Data Series™, the monthly economic indicator of Hiring Demand in the United States.

WANTED Technologies (TSX-V:WAN) was founded in 1999. The company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. The company began collecting detailed Hiring Demand data in October 2002, and currently maintains a database of more than 500 million unique job listings. To sample WANTED's services, visit www.wantedanalytics.com. For more information about how WANTED helps organizations make better decisions and improve sales results, visit www.wantedtech.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.  Any statement that appears prospective shall not be interpreted as such.

SOURCE WANTED Technologies Corp.

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