Aggregate job losses less likely than slowdown in employment (Il Sole 24 Ore Radiocor) - Washington, 06 May - The US employment trends index fell to 111.25 in April from 112.16 in March, according to data from The Conference Board.

'The ETI fell in April, a sign that employment growth could stall in the second half of 2024,' said Will Baltrus, Associate Economist at The Conference Board. 'The ETI has been on a downward trajectory since its peak in March 2022, and this month signals a continuation of that trend. However, the Index remains historically elevated and is still above its prepandemic level, which suggests aggregate job losses are less likely than a slowdown in employment growth.'.

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(RADIOCOR) 06-05-24 16:08:51 (0480) 5 NNNN