The Conference Board Employment Trends Index™ (ETI) Decreased in November (The Conference Board Inc)

(Source: The Conference Board Inc) Largest one month decline since the Great Recession suggests caution in extrapolating the current trend of job growth ************************************************************************** Next month's release will incorporate annual revisions of standardization factors to the Employment Trends Index, which bring it up-to-date with revisions in the source data. These revisions do not change the cyclical properties of the index. The standardization factors, known as volatility adjustment factors, are done by calculating the standard deviation of the monthly percent change in each component. The period used for calculating the standardization factors...