The Conference Board’s Employment Trends Index (ETI), a leading economic indicator, suggests an incoming rise in U.S. employment numbers over the coming months, according to a Jan. 13 statement from the nonprofit think tank.
The ETI, which forecasts shifts in employment, rose marginally to 109.70 in December 2024 from the previous month. An increase in the index value is an indication that employment numbers are likely to rise.
Data released by the U.S. Bureau of Labor Statistics (BLS) last week showed that the U.S. economy added 256,000 new jobs in December 2024. This was higher than the November 2024 figures and exceeded expectations. Employment rose in sectors such as health care, retail, and leisure and hospitality….