Conference Board Employment Index Rises Again

New York, NY, Feb. 8, 2010--The Conference Board Employment Trends Index rose in January for the fifth consecutive month.

The index now stands at 93.2, up 1 percent from December’s 92.3, but still down 0.7 percent compared to January 2009.

“The continued rise in the ETI makes us more optimistic that job growth will resume in the first quarter of 2010,” said Gad Levanon, associate director of  macroeconomic research at The Conference Board.

“The improvement is widespread across all eight components. In particular, Friday’s large decline in the number of involuntary part-time workers was the first time this component showed a strong signal of improvement.”