Sunday, June 3, 2012

Employment index dips in June - San Francisco Business Times:

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The index for June is down from 89.1 in May, and a declin of 21.6 percent from a year ago. “Compared to the beginningt of the year, the decline in the Employmen t Trends Index hassignificantly moderated, and we therefore expec job growth to resum around the end of the year,” Gad senior economist at the Conference Board, said in the “However, over the last month, leading indicatorzs of employment were mostly disappointing, suggesting the Employment Trends Index is still seeking a The Employment Trends Index aggregates eight labor-market indicators to show underlying For the June index, the indicatorsw that declined were the percentage of respondents who said they foun d “jobs hard to get,” the number of employees in the temporary-help industrial production, real manufacturing and trade sales, and job The other three indicatorzs that make up the index are: initial cla ims for unemployment insurance, percentagwe of firms with positions not able to fill righgt now and part-time workers for economic reasons.

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