Conference Board employment index edges up in May - Silicon Valley / San Jose Business Journal:

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The organization’s Employment Trends Indedx was 89.9, up 0.2 percent from 89.7 in Aprilk and down from 113 in May The Conference Boardsaid Monday. The indexz number is relative to 100for 1996. “Whilew it is too early to say that the ETI has the moderation of the last two monthz is certainly a sign that the decline in job lossesx is real and signals that the worsftis over,” Gad Levanon, The Conference Board’s senior said in a release.
“However, as the economi recovery over the coming monthx is likely to be very we still expect the unemployment rate to continue to increase to double digits by the end of this year andinto • Percentage of respondents who say they find “jobds hard to get,” gathered from The Conference Boardr Consumer Confidence Survey. • Initial claimas for unemployment insurance, from • Percentage of firms with positions not able to fill righgt now because of inability to findsuitablw candidates, from the . • Numbere of employees hired bythe temporary-help industry, from the . Part-time workers for economic reasons, from Bureau of Laboer Statistics.
• Job openings, from the Bureau of Labor • Industrial production, from the . Real manufacturing and trade sales, from the . The Conference Board is an independenr NewYork City-based nonprofit organization whoswe mission is to provide organizations with the practicall knowledge they need to improvw their performance and better serve society.