Employment Survey Weakens, Adding to Signs of Faltering Labor Market
The Conference Board's Employment Trends Index hit its lowest point since early in 2021, the latest indicator that the American jobs market is worsening
Payrolls continued to fall across the U.S. last month, according to a monthly index published Monday, the latest indicator that the American jobs market is worsening progressively.
The Conference Board's Employment Trends Index, or ETI, declined to 106.41 in August from a downwardly revised 107.13 in July, hitting its lowest point since early in 2021.
"Tariff pressures are expected to intensify, raising inflation and...
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