The Conference Board Employment Trends Index™ (ETI) Increased in March
Strong job growth expected over the coming months
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NEW YORK, April 5, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) significantly increased in March, after a small decrease in February. The index now stands at 102.44, up from 100.01 (a downward revision) in February. The index is currently up 7.7 percent from a year ago. The Employment Trends Index significantly increased in March and signals that job growth will be very strong over the coming months, said Gad Levanon, Head of The Conference Board Labor Markets Institute. Despite the recent increase in infection rates, the vaccination campaign is progressing at a rate that should significantly reduce the spread of the virus in the next couple of months. Labor intensive in-person services will continue to reopen, and consumers flush with cash due to a year of elevated savin
The Conference Board s Employment Trends Index - which forecasts employment for the next 6 months - significantly increased with the authors saying
The Employment Trends Index significantly increased in March and signals that job growth will be very strong over the coming months .
Analyst Opinion of Conference Board s Employment Index
Econintersect evaluates the year-over-year change of this index (which is different than the headline view) - as we do with our own employment index. The year-over-year index growth rate accelerated by 16.3 % month-over-month and a positive 7.5 % year-over-year. The Econintersect employment index is now in positive territory but now declining and we are predicting slowing growth over the next 6 months.
The Conference Board Employment Trends Index™ (ETI) Increased in February prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The Conference Board Employment Trends Index™ (ETI) Increased in January
Uncertainty remains, but a stronger labor market recovery may occur by late spring
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NEW YORK, Feb. 8, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) increased in January, the ninth consecutive monthly increase since May of last year. The index now stands at 99.27, up from 98.55 (a downward revision) in December. The index is currently down 10.0 percent from a year ago. The Employment Trends Index has been increasing in recent months, with the largest contributing component being the number of jobs in the temporary help industry. Over the next few months, expect some uncertainty around job growth, especially if some potentially adverse COVID-19 developments manifest – namely, the rapid spread of more aggressive virus strains. On the upside, however, by spring we expect strong job growth to resume and continue throughout t
The Conference Board Employment Trends Index™ (ETI) Remained Unchanged in December
The spread of COVID-19 and resulting policy restrictions halt labor market recovery
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NEW YORK, Jan. 11, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) was virtually unchanged in December, after seven consecutive monthly increases that started in May. The index now stands at 99.01, down from 99.05 (an upward revision) in November. The index is currently down 9.2 percent from a year ago. The latest Employment Trends Index numbers signal that the labor market recovery has paused, and in the coming months employment will likely remain stagnant or even dip, said Gad Levanon, Head of The Conference Board Labor Markets Institute. As the number of COVID-19 cases continues to rise and downside risks grow, it appears unlikely that the labor market will resume its recovery over the next few months. We expect in-person serv