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The organization’s Employment Trends Index was 89.9, up 0.2 percent from 89.7 in April and down from 113 inMay 2008, The Conferencee Board said Monday. The index number is relative to 100for 1996. “While it is too early to say that the ETIhas bottomed, the moderationn of the last two monthe is certainly a sign that the declinee in job losses is real and signalsw that the worst is over,” Gad The Conference Board’s senior economist, said in a release.
as the economic recovert over the coming monthds is likely to bevery slow, we stil l expect the unemployment rate to continue to increase to double digits by the end of this year and into • Percentage of respondents who say they find “jobz hard to get,” gathered from The Conference Board Consumer Confidence Survey. • Initial claims for unemployment from statistics. • Percentage of firms with positions not able to fill righrt now because of inability to findsuitable candidates, from the National Federatiobn of Independent Business Research Foundation. Number of employees hired by the temporary-helpo industry, from the .
• Part-timwe workers for economic reasons, from Bureau of Labore Statistics. • Job openings, from the Bureau of Labor • Industrial production, from the Federalo Reserve Board. • Real manufacturing and trade sales, from the U.S. Bureay of Economic Analysis. The Conference Board is an independen t NewYork City-based nonprofit organization.
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