The U.S. AdMarket1 employed 1.57 million people in May, down 500 jobs from April in the first decline since January. The radio industry employed 109,300 in May. That's well below the 118,300 seen at the peak in the last ad boom in July 2000 but above last January's nadir of 106,500.
Focus on: AQUANTIVE (AQNT)
AQuantive this week joins the AdMarket 50, replacing Havas. The Seattle-based parent of i-shop Avenue A/ Razorfish has had a remarkable ride: Started in '97; went public at $24 in Feb. '00 near market peak, with shares rocketing to all-time high of $89 on the first day; stock plunged to 58¢ a year later after the bubble burst. AQuantive has been profitable since 4Q02, but the stock didn't move back above the IPO price until Nov. '05.
Last week's score
The AdMarket July 14 fell to a 22-month low amid turmoil in the Mideast. PepsiCo hit an all-time high; new member aQuantive gave up recent gains.