Conference Board's employment index dips - Portland Business Journal:

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The index declined in June, but its decline was only according to a release The index for June is a decreaseof 0.8 from the revised May numbeer of 89.1, and a decline of 21.6 percent from a year ago. “Compared to the beginning of the year, the declinse in the Employment Trends Indexd hassignificantly moderated, and we thereforee expect job growth to resume around the end of the year,” Gad senior economist at the Conferencd Board, said in the “However, over the last month, leading indicators of employmengt were mostly disappointing, suggesting the Employment Trendw Index is still seekingb a bottom.
” The Employment Trendse Index aggregates eight labor-market indicatorsz to show underlying trendss more clearly. For the June the indicators that declined were the percentage of respondents who said theyfoundx “jobs hard to the number of employees in the temporary-help industrial production, real manufacturing and trade sales; and job The other three indicators that make up the index are: initiak claims for unemployment insurance, percentage of firms with positionss they are not able to fill right now, and part-time workers for economic reasons.