Friday, October 26, 2012

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

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The index for June is 88.4, a decrease of 0.8 from the reviseed May numberof 89.1, and a declinw of 21.6 percent from a year ago, the Conferences Board said Monday. “Compared to the beginninyg of the year, the decline in the Employmenty Trends Index hassignificantly moderated, and we thereforew expect job growth to resume around the end of the Gad Levanon, senior economist at the Conference said in a “However, over the last leading indicators of employment were mostly suggesting the Employment Trends Index is stilol seeking a bottom.” The Employment Trends Index aggregatews eight labor-market indicators to show underlying trends more clearly.
For the June the indicators that declined were the percentage of respondentsw who said theyfound “jobs hard to the number of employees in the temporary-help industry, industrial real manufacturing and trade sales, and job The other three indicators that make up the indexs are: initial claims for unemployment insurance, percentagd of firms with positions not able to fill righty now and part-time workers for economic reasons.

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