Daily News

View All News

Jobs growth index shows no signs of slowing, encourages more to join labor force: The Conference Board

February 05, 2018

Jobs growth in the US shows no sign of a slowdown, according to The Conference Board’s Employment Trends Index, which rose in January to a reading of 106.93 after an increase in December as well.

“The Employment Trends Index continues its solid path upwards and shows no sign of slowing down,” said Gad Levanon, chief economist, North America, at The Conference Board. “A strong US economy provides additional tailwinds to employment growth, bringing down the unemployment rate even further and encouraging more men and women to join the labor force.”

 This month’s Employment Trends Index reflects the US. Bureau of Labor Statistics’ historical revisions of number of employees hired by the temporary-help industry.

Separately, the US Department of Labor on Friday reported the US gained 200,000 jobs in January and temp jobs edged up by 1,800.