U.S. Employment Trends Index Edged Down in October, Conference Board Says
By Jessica Coacci
A reading of the U.S. labor market from The Conference Board ticked down in October but still increased over the year, a gauge of employment showed.
The Employment Trends Index, or ETI, edged down to 108.36 in October, from 108.43 in September. Still, ETI increased by 2.4% from a year ago.
"The annual growth rate of the ETI has been edging higher over the last six months," said Conrad Qi, economic data scientist associate at The Conference Board.
The index is a forward-looking measure for payrolls, and when it decreases, employment is on track to decrease as well.
Three of the ETI's eight components contributed positively to the index in October.
The percentage of firms with positions "not able to fill right now" rose to 36% from 32% in September, indicating demand for workers in small firms is rising.
Meanwhile, four of the ETI's eight components contributed negatively to the index in October. The share of part-time workers working part time involuntarily rose to 17.6% from 16.5% in September.
Write to Jessica Coacci at jessica.coacci@wsj.com
(END) Dow Jones Newswires
November 09, 2026 10:34 ET (15:34 GMT)
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