The Conference Board Employment Trends Index™ (ETI) Increased in January
Uncertainty remains, but a stronger labor market recovery may occur by late spring
News provided by
Share this article
Share this article
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
Conference Board s Employment Trends Index Largely Unchanged in December morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The Conference Board Employment Trends Index™ (ETI) Remained Unchanged in December
The spread of COVID-19 and resulting policy restrictions halt labor market recovery
News provided by
Share this article
Share this article
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