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The Conference Board Employment Trends Index Edged Down in March

Conference Board News Release (04/06/15)

The Conference Board Employment Trends Index declined slightly in March. The index now stands at 127.65, down from 127.77 in February, but a 5.6% gain in the ETI compared with a year ago.

“The growth in the [ETI] slowed down in the first quarter of 2015,” says Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board. “The combination of the disappointing March employment report and the recent weakness in the ETI suggests that the likelihood of a slowdown in employment has increased. Even so, it is unlikely that job growth in the second quarter would fall much below the trend of 200,000 jobs per month.”

Wage Growth Remains Slow

Wall Street Journal (04/05/15) Ben Leubsdorf

Private sector employees saw their average hourly earnings rise seven cents to $24.86 in March, up 0.3% from the previous month, according to the U.S. Department of Labor. Earnings increased 0.1% in February and have maintained a 2.0% annual pace over the last five years. Hourly earnings increased 2.1% from the same time last year, but experts say there is not yet enough evidence to determine whether wages are notably improving overall.

ACA Survey Now Open—Hear Results at the ASA Staffing Law Conference

ASA is conducting a survey to collect data on staffing firms’ experiences with the Affordable Care Act and its effect on their business.

Findings will be presented at the 2015 ASA Staffing Law Conference, which takes place April 28–29 at Gaylord National Resort & Convention Center in metro Washington, DC. ASA senior counsel Ed Lenz, Esq., will share the latest data—not available anywhere else—about how the Affordable Care Act is affecting staffing firms.

Don’t miss his session, or the rest of the ASA Staffing Law Conference program. It’s the only event dedicated exclusively to the legal and regulatory issues facing staffing, recruiting, and workforce solutions companies. Register today at staffinglawconference.net.