More Positive (yes Positive) Hiring Signs...

Posted by Expert Gadget Reviewer on Tuesday, 8 June 2010

More reasons to ignore the headlines and look at the data: The Conference Board Employment Trends Index (ETI), rose in May for the ninth straight month. The index is up over 9% from the prior year.

The ongoing growth in the Employment Trends Index suggests that the disappointing uptick in payroll employment in May could just be a one-month blip, and that jobs will likely expand further in the next several months,” said Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board.

The ETI aggregates eight labor-market indicators into a composite index. This process provides a clearer picture of the true underlying trends.

Anecdotally - I've spoken with two regional competitors, and three large regional installation companies, and they all indicate a small but sustained uptick in business.

Deep calming breath everyone...