Staffing Industry Analysts (04/05/21)
The Conference Board Employment Trends Index now signals very strong jobs growth over the coming months. The index reading for March, released today, jumped to 102.44, up from a downwardly revised reading of 100.01 in February.
“Despite the recent increase in infection rates, the vaccination campaign is progressing at a rate that should significantly reduce the spread of the virus in the next couple of months,” said Gad Levanon, head of The Conference Board Labor Markets Institute. “Labor intensive in-person services will continue to reopen, and consumers flush with cash due to a year of elevated savings and strong government stimulus will be willing and able to spend.”
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