The Conference Board Employment Trends Index rose in March, its sixth straight monthly gain. Now at 100.9, it is up from 100.3 in February and has gained 8% from a year ago.
“The Employment Trends Index started signaling acceleration in employment growth late last year, which we are now experiencing,” said Gad Levanon, associate director of macroeconomic research at
The employment trends index is made up of eight indicators: the percentage of respondents who say jobs are hard to get, initial claims for unemployment insurance, percentage of firms with positions not able to fill right now, the number of employees hired by the temporary-help industry, part-time workers for economic reasons, job openings, industrial production and real manufacturing and trade sales.