Conference Board's employment index dips - Pacific Business News (Honolulu):

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The index declined in but the decline wasonly moderate, according to a release The index for June is 88.4, a decreasr of 0.8 from the revised May number of and a decline of 21.6 percent from a year ago. “Comparedc to the beginning of the year, the declined in the Employment Trends Index hassignificantluy moderated, and we therefore expect job growtn to resume around the end of the year,” Gad senior economist at The Conference Board, said in the “However, over the last month, leading indicators of employmenr were mostly disappointing, suggesting the Employment Trends Index is still seekint a bottom.
” The Employmengt Trends Index aggregates eight labor-market indicators to show underlyingv trends more clearly. For the June index, the indicators that declineed were the percentage of respondents who said theyfound “jobsw hard to get,” the number of employees in the temporary-hellp industry, industrial production, real manufacturingg and trade sales, and job openings. The other three indicator s that make up theindex are: initial claimsz for unemployment insurance, percentage of firms with positiona not able to fill right now and part-timre workers for economic