Monday, August 22, 2011

Conference Board employment index falls in June - Wichita Business Journal:

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in June, down from the revised May figureof 89.1 and from 112.7 in June 2008. The index number is relative to 100 for the 1996 base The index combines eightmarket “Compared to the beginning of the the decline in the Employment Trends Index has significantly and we therefore expect job growth to resume aroundx the end of the year,” The Conferencwe Board Senior Economist Gad Levano said in a Monday release. “However, over the last leading indicators of employmen weremostly disappointing, suggesting the Employment Trends Index is still seeking a bottom.” The index’ s components yielded mixed results in June, The Conferencw Board said in the release.
The declining indicators were the percentagw of respondents who say theyfind “job s hard to get,” the number of employeews in the temporary-help industry, industrial production, real manufacturinbg and trade sales, and job openings. The Conference Boarfd is a global, independent business-membership and research associationm based in NewYork City.

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