-->

Conservative Daily News - The best news, analysis and opinion articles written by a collection of citizen journalists. Covering a range of important topics in blogs, op-ed, and news posts, these upstanding patriots are bringing back American exceptionalism with every entry..

Conference Board Indicator Ticks Up Fourth Consecutive Month

NEW YORK, Feb. 7, 2011 /PRNewswire/ – The Conference Board Employment Trends Index™ (ETI) increased in January for the fourth consecutive month. The index now stands at 100.5, up from December’s revised figure of 100.3. The index is up 7 percent from a year ago.

Says Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board: “Despite anemic job gains in January, the Employment Trends Index suggests that employment growth is poised to accelerate. Both ‘hard’ economic data as well as confidence measures have improved, and since employment growth typically lags, we expect larger numbers of jobs to be added back into the economy in the coming months.”

This month’s increase in the ETI was driven by positive contributions from four out of the eight components plus one neutral, which is Percentage of Firms With Positions Not Able to Fill Right Now. The improving indicators included Consumer Confidence “Jobs Hard to Get,” Part-Time Workers for Economic Reasons, Job Openings and Industrial Production.

Post to Twitter Post to Facebook Post to Reddit Post to Technorati

Conservative Daily News allows a great deal of latitude in the topics contributors choose and their approaches to the content. This is due to our approach that citizens have a voice, not only the mass media. Readers will likely not agree with every contributor or every post, but find reasons to think about the topic and respond with comments. We value differing opinions as well as those that agree. Opinions of contributors are their own and do not necessarily reflect those of CDN, Anomalous Media or staff. Click here if you'd like to write for CDN.
Put This Story in your Circles and Share with your Friends

Tags: ,

Comments (1)

Trackback URL | Comments RSS Feed

  1. Daniel says:

    The slight uptick in the ETI sounds very encouraging. I would like to see it trickle down to real job offerings from the 4 internet sites I have my resume on and the hundreds of companies I applied at. Lots of folks are underemployed, with many companies hiring the cheapest employees possible. Those wiith decades of experience vital to long term company success are still being left out of the workforce.
    IMHO, if you hire 8 inexperienced/unqualified people (like our govt is doing), to do the job one person did 10 years ago,production and quality suffer. Then, overall prosperity goes down across the board.
    As a footnote, I bet if I can find the U.S. durable goods production numbers of 2010 we will see exactly where we are headed this decade. Trade imbalances , especially with China, need to be addressed ASAP. Likewise with South and Central America.