Employers
Employment Index Points to Growth, Continuing Labor Shortages and Rising Wages
The Conference Board’s Employment Trends Index rose sharply in October and points to strong employment growth in the months ahead. On the other hand, it also indicates labor shortages and rising wages likely won’t go away. “As the negative economic impact of the Delta variant subsides, spending on — and employment in — in-person services should continue to recover toward pre-pandemic levels,” said Gad Levanon,
November 9, 2021