The Conference Board Employment Trends Index™ (ETI) Increased in April
NEW YORK, May 8, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in April to 116.18, up from a downwardly revised 115.51 in March 2023. The Employment Trends Index is a leading composite index for employment. When the index increases, employment is likely to grow as well, and vice versa. Turning points in the index indicate that a change in the trend of job gains or losses is about to occur in the coming months.
- NEW YORK, May 8, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in April to 116.18, up from a downwardly revised 115.51 in March 2023.
- The Employment Trends Index is a leading composite index for employment.
- The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.
- The eight leading indicators of employment aggregated into the Employment Trends Index include:
Initial Claims for Unemployment Insurance (U.S. Department of Labor)
Number of Employees Hired by the Temporary-Help Industry (U.S. Bureau of Labor Statistics)
Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis)**
The Conference Board publishes the Employment Trends Index monthly, at 10 a.m.