Home | News & Opinion | The Conference Board Employment Trends Index™ (ETI) increases in April

The Conference Board Employment Trends Index™ (ETI) increases in April

By
Font size: Decrease font Enlarge font
The Conference Board Employment Trends Index™ (ETI) increases in April

Survey finds that job growth is likely to continue.

The Conference Board Employment Trends Index increased in April. This represents a 5.5% gain in the ETI compared to a year ago.

"April's increase in the Employment Trends Index, and continued improvement in recent months, is signaling solid job growth through the summer," said Gad Levanon, Director of Macroeconomic Research at The Conference Board.

"Despite the disappointing GDP figure for the first quarter, job growth remains robust and when coupled with the massive retirement of baby boomers will result in a continued rapid decline in the unemployment rate."

Share this:

April's increase in the ETI was driven by positive contributions from five of its eight components. In order from the largest positive contributor to the smallest, these were: Percentage of Firms with Positions Not Able to Fill Right Now, Number of Temporary Employees, Industrial Production, Job Openings, and Initial Claims for Unemployment Insurance.

 

 

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha