Tuesday, March 12, 2013

USA Employment Trends Index at Post-Recession High!


The Conference Board: Employment Trends Index

(The Conference Board) "The Conference Board Employment Trends Index™(ETI) increased in February. The index now stands at 111.14, up from 109.93 (an upward revision) in January. The February figure is 3.2 percent higher than a year ago."

Employment Trends Index by Month
Current Index: 111.14 (Post-Recession High)
Post-Recession High: 111.14 (February 2013)
Great Recession Low: 87.76 (May 2009)
Pre-Recession High: 123.83 (March 2007)

“As a result of the large increase in February, and positive revisions to earlier months, the Employment Trends index is signaling an improving employment environment,” said Gad Levanon, Director of Macroeconomic Research at The Conference Board. “However, even though the labor market has gained in recent months, the looming sequester is likely to slow the pace of job creation in the near term.”

Employment Trends Index by Year
2013 Index Average: 111
Post-Recession High: 111 (2013)
Great Recession Low: 89 (2009)
Pre-Recession High: 122 (2006 and 2007)



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