ETI
AmericanExample Sentences
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The Conference Board’s Employment Trends Index, or ETI, declined to 105.80 in a joint number for October and November, from a downwardly revised 106.24 in September.
“The ETI declined in October and November as data delayed by the government shutdown continued to show gradual softening in certain aspects of the labor market,” said Mitchell Barnes, an economist at The Conference Board.
The Conference Board’s Employment Trends Index, or ETI, rose in September to 106.84 from an upwardly revised 106.68 in August, which was the lowest since early 2021, according to a delayed release.
Despite layoffs and unemployment remaining low, uncertainty persists, Barnes continued, with the ETI reflecting subdued business and consumer confidence that hasn’t meaningfully improved.
When the ETI increases, employment is likely to increase as well, while turning points in the index suggest a change in the number of jobs is likely to occur in the short term.
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