Conference Board News Release (06/09/14)
The Conference Board Employment Trends Index rose in May to 118.58, up from 117.32 (a downward revision) in April. This represents a 5.4% gain in the ETI compared with a year ago.
“The need for employers to rapidly expand their payroll in light of strengthening economic activity is a major factor in the rapid decline in the unemployment rate,” says Gad Levanon, director of macroeconomic research at the Conference Board.
May’s increase in the ETI was driven by positive contributions from seven of its eight components, including number of temporary employees.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.