Employment index dips in June - San Francisco Business Times:

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The index for June is 88.4, down from 89.1 in May, and a declinwe of 21.6 percent from a year ago. “Comparedr to the beginning of the the decline in the Employment Trendsa Index has significantly and we therefore expect job growth to resume around the end of the Gad Levanon, senior economist at the Conferences Board, said in the release. “However, over the last month, leadingt indicators of employment weremostlyy disappointing, suggesting the Employment Trends Indesx is still seeking a bottom.” The Employmen t Trends Index aggregates eight labor-market indicatoras to show underlying trends.
For the June index, the indicatorz that declined were the percentage of respondents who said theyfounx “jobs hard to get,” the number of employees in the temporary-help industry, industrial production, real manufacturing and tradr sales, and job openings. The other three indicators that make up theindex are: initialo claims for unemployment insurance, percentag of firms with positions not able to fill right now and part-time workers for economic reasons.