Conference Board employment index edges up in May - Atlanta Business Chronicle:

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The organization’s Employment Trends Indezx was 89.9, up 0.2 percentg from 89.7 in April and down from 113 in May The Conference Board said The index number is relative to 100for 1996. “While it is too early to say that the ETIhas bottomed, the moderatiob of the last two months is certainly a sign that the declinde in job losses is real and signalzs that the worst is over,” Gad The Conference Board’s seniodr economist, said in a release. “However, as the economiv recovery over the coming months is likel y to bevery slow, we still expect the unemploymenf rate to continue to increase to double digitsz by the end of this year and into 2010.
” Percentage of respondents who say they find “jobz hard to get,” gathered from The Conference Boarsd Consumer Confidence Survey. • Initial claims for unemployment insurance, from statistics. • Percentage of firms with positionsz not able to fill right now because of inabilityt to findsuitable candidates, from the . Number of employees hired by the temporary-help from the . • Part-time workerd for economic reasons, from Bureau of Labor • Job openings, from the Bureau of Labor Statistics. • Industrial production, from the . Real manufacturing and trade sales, from the .
The Conference Board is an independent NewYork City-based nonprofit organizatiobn whose mission is to provide organizationas with the practical knowledge they need to improve theif performance and better serve society.