It’s Only Common Sense: Stop Pitching, Start Listening
Trouble in Your Tank: Causes of Plating Voids, Pre-electroless Copper
Dan’s Biz Bookshelf: ‘Growth Hacker Marketing’
The Conference Board ETI Increased in June; Job Growth to Remain Strong
July 10, 2018 | The Conference BoardEstimated reading time: 1 minute
The Conference Board Employment Trends Index (ETI) increased in June, after decreasing in May. The index now stands at 108.94, up from 107.72 in May. The change represents a 5.2% gain in the ETI compared to a year ago.
“As expected, after decreasing in May, the Employment Trends Index continued its solid path upwards in June, with positive contributions from all of its components,” said Gad Levanon, Chief Economist, North America, at The Conference Board. “The labor market will continue to tighten in the coming months, with strong employment growth outpacing the number of people entering the labor force.”
June’s increase in the ETI was fueled by positive contributions from all eight components. From the largest positive contributor to the smallest, these were: the Ratio of Involuntarily Part-time to All Part-time Workers, The Percentage of Firms With Positions Not Able to Fill Right Now, Percentage of Respondents Who Say They Find “Jobs Hard to Get,” Industrial Production, Job Openings, Real Manufacturing and Trade Sales, Number of Employees Hired by the Temporary-Help Industry, and Initial Claims for Unemployment Insurance.
The Employment Trends Index aggregates eight labor-market indicators, each of which has proven accurate in its own area. Aggregating individual indicators into a composite index filters out “noise” to show underlying trends more clearly.
About The Conference Board
The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. Winner of the Consensus Economics 2016 Forecast Accuracy Award (U.S.), The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. For more information, click here.
Share on:
Suggested Items
Industrial Robotics Market is Set to Surpass Valuation of $235.38 Billion by 2033
05/12/2025 | Globe NewswireThe global Industrial robotics market was valued at US$ 26.99 billion in 2024 and is expected to reach US$ 235.28 billion by 2033, growing at a CAGR of 27.2% over the course of forecast period, 2025–2033.
Global SiC Substrate Revenue Declines 9% in 2024; Long-Term Demand Remains Strong as 8-Inch Roadmap Gains Momentum
05/12/2025 | TrendForceTrendForce’s latest research shows that weakening demand in the automotive and industrial sectors has slowed shipment growth for SiC substrates in 2024.
GPV Posts Balanced Q1 2025; Continued Focus on Adapting to New Market Conditions
05/12/2025 | GPVDanish-based GPV, the second-largest European-headquartered EMS company, has had a satisfactory and balanced start to 2025. In the first quarter, the Group reported sales of DKK 2.2 billion and earnings (EBITDA) of DKK 143 million.
DELO Thrives Amid Global Economic Uncertainty
05/09/2025 | DELODELO, one of the world’s leading manufacturers of high-tech adhesives as well as dispensing and curing equipment, has announced that it has achieved over €245 million ($265 million) in revenue during the 2024/2025 fiscal year (ending March 31, 2025).
AI Chips for the Data Center and Cloud Market Will Exceed US$400 Billion by 2030
05/09/2025 | IDTechExBy 2030, the new report "AI Chips for Data Centers and Cloud 2025-2035: Technologies, Market, Forecasts" from market intelligence firm IDTechEx forecasts that the deployment of AI data centers, commercialization of AI, and the increasing performance requirements from large AI models will perpetuate the already soaring market size of AI chips to over US$400 billion.