US October employment trends 107.66 versus 107.58 last month ...Middle East

A business day after the US jobs report which showed lower NFP jobs and lower revisions but the unemployment rate remaining steady, the Conference Board Employment Trends Index is coming out marginally higher after a revised lower number last month.Prior month 108.48 revised to 107.58Employment Trends Index for October 107.66“The ETI was nearly unchanged in October, holding steady at roughly 2018-19 levels, where it has persisted throughout the summer months,” said Mitchell Barnes, Economist at the Conference Board. “The labor market continues to cool from its rapid post-pandemic pace, but the ETI suggests that this trend may be leveling out. This comes at a time when we expect business unc

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US October employment trends 107.66 versus 107.58 last month ...Middle East

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