By Emon ReiserAn index that gauges U.S. employment trends fell again in June, signaling slower job growth in the coming months. The Conference Board's Employment Trends Index fell to 114.31 in June, down from a downwardly revised 115.53 in May, the private-research group said Monday. "As an important early indicator for hiring, this previews slower job gains and eventually job losses in other industries," he continued. Five of the eight components which form the Employment Trends Index fell in June. The Employment Trends Index is a leading composite index for employment which aggregates eight indicators.

Source: Wall Street Journal July 10, 2023 14:34 UTC