Jobs growth in the US shouldn’t slow in the near term, according to The Conference Board’s Employment Trends Index, which rose in December to a reading of 107.10 after little change in November.

“The rapid improvement in the Employment Trends Index in recent months suggests that job growth is unlikely to slow down in the months ahead,” said Gad Levanon, chief economist, North America, at The Conference Board.

“The US economy has been significantly accelerating in recent quarters and the tax cuts passed by Congress will provide an additional boost to the US economy in 2018,” Levanon said. “In such an environment, job growth will remain solid and the unemployment rate will reach lower than any rate since the 1960s.”

The index numbers released today incorporate annual revisions of standardization factors, according to The Conference Board. The base year of the index was also changed to 2016 from 2010.