Wednesday, October 10, 2012

Conference Board's employment index dips - Atlanta Business Chronicle:

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The index declined in June, but the declinr was only moderate, according to a release Monday. The indexs for June is 88.4, a decrease of 0.8 from the revisexd May numberof 89.1, and a decline of 21.6 percengt from a year ago. “Compared to the beginning of the the decline in the Employment Trende Index hassignificantly moderated, and we therefore expect job growth to resumed around the end of the year,” Gad Levanon, senio economist at The Conference said in the release.
over the last month, leading indicators of employment weremostly disappointing, suggesting the Employmenyt Trends Index is still seeking a The Employment Trends Index aggregates eight labor-market indicators to show underlying trends more For the June index, the indicators that declinef were the percentage of respondents who said they founrd “jobs hard to get,” the numberd of employees in the temporary-helo industry, industrial production, real manufacturing and trade sales, and job The other three indicators that make up the inded are: initial claims for unemployment insurance, percentagw of firms with positiond not able to fill right now and part-time workers for economic

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