The Conference Board’s Employment Trends Index increased in June after decreasing in May for the first time in six months. The index rose to a reading of 108.94 in June, up from a reading of 107.72 in May. The change represents a 5.2% gain in the index compared with June 2017.

“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.”

The ratio of involuntarily part-time to all part-time workers component provided the largest positive contribution to the index, followed by the percentage of firms with positions they are not able to fill right now and the percentage of respondents who say they find “jobs hard to get.”