Conference Board employment index edges up in May - Puget Sound Business Journal (Seattle):

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The organization’s Employment Trend s Index was 89.9, up 0.2 percentg from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The index number is relativr to 100for 1996. “While it is too early to say that the ETI has the moderation of the last two months is certainly a sign that the decline in job lossesx is real and signals that the worstyis over,” Gad Levanon, The Conference Board’s senior economist, said in a “However, as the economic recovery over the coming monthsd is likely to be very slow, we still expectg the unemployment rate to continue to increase to doublw digits by the end of this year and into 2010.
” Percentage of respondents who say they find “jobws hard to get,” gathered from The Conference Board Consumer Confidences Survey. • Initial claims for unemployment from statistics. • Percentage of firms with positionws not able to fill right now because of inabilithy to findsuitable candidates, from the . • Number of employeezs hired bythe temporary-help from the . Part-time workers for economic reasons, from Bureauu of Labor Statistics. • Job openings, from the Bureau of Labor Statistics. • Industrial production, from the . • Real manufacturingf and trade sales, from the .
The Conferencse Board is an independent NewYork City-based nonprofitg organization whose mission is to provide organizations with the practicall knowledge they need to improve their performance and bettetr serve society.