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Labor Shortages Are Becoming More Severe
June 08 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
Three new reports suggest that labor shortages are becoming more extreme, having material implications for labor market recovery and short-term inflation prospects.
Tepid Job Gains Highlight Hiring Difficulties
June 04 | Frank Steemers, Senior Economist, The Conference Board | Comments (0)
Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report by Frank Steemers, Senior Economist, The Conference Board
Sustainability - Why a Chief Financial Officer Cares
June 02 | Let's Talk Sustainable Business Podcast | Comments (0)
Geraldine Matchett Co-CEO and CFO at Royal DSM states that ‘ you cannot be a successful company in a world that fails. In this episode, Geraldine describes the transformation of DSM from a state mine to a company that sees its purpose: ‘to create brighter lives for all’ with an emphasis on all – not leaving anybody behind and ensuring a healthy environment for all to live in.
European CEOs are becoming more confident about the economy. Should you too?
June 02 | Indications Podcast | Comments (0)
In this podcast Frank Heemskerk (ERT), and Ilaria Maselli and Klaas de Vries (The Conference Board) discuss some of the insights from the report “Surging Confidence Among European Business Leaders Despite Strains on Supply Chains”. We start with the latest reading of the Measure of CEO Confidence™, and then discuss bottlenecks in sight, like strains on supply chains, shortages and trade tensions.
April PCE Reaction: Inflation Creeps Higher as Consumers Shift to Services
May 28 | Erik Lundh, Principal Economist, The Conference Board | Comments (0)
April income, spending and inflation data reveal an economy that is on the mend, but not yet fully recovered.
The Conference Board Consumer Confidence Index® Virtually Unchanged as Expectations Soften
May 26 | Indications Podcast | Comments (0)
The Conference Board Consumer Confidence Index® held steady in May, following a gain in April. The Index now stands at 117.2 (1985=100), down marginally from 117.5 in April. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—increased from 131.9 to 144.3. However, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell to 99.1 in May, down from 107.9 last month.
Job openings at a record high, and labor shortages are back
May 11 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
Despite still-elevated unemployment rates, and 8.2 million persons waiting to be added to payrolls, labor shortages are back. As large segments of the economy continue to open at the same time, and labor supply is constrained, these shortages are likely to remain for the better part of 2021.
Jobs Disappoint in April
May 07 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
The number of jobs in in-person services is still well below prepandemic levels, but the recovery is underway
Despite Volatility, US Economic Recovery Reaccelerates in Q1 2021
April 29 | Erik Lundh, Principal Economist, The Conference Board | Comments (0)
US Real Gross Domestic Product grew by 6.4 percent (annualized) during the first quarter of 2021, slightly below the consensus forecast and above The Conference Board’s forecast of 5.0 percent.