Employment Index Experiences Largest Decline in Two Years
By R. Mitchell on May 09, 2011 in Money
NEW YORK, May 9, 2011 /PRNewswire/ – The Conference Board Employment Trends Index™ (ETI) declined 0.6 percent in April to 100.5, down from March’s revised figure of 101.1. This is the largest monthly decline since April 2009. The April figure is up 6 percent from a year ago. Says Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board: “While [...]

