Slowing pace of improvement suggests economy could be losing momentum

The Conference Board®-Burning Glass® Help Wanted OnLine™ (HWOL) Index rose in September and now stands at 107.5 (July 2018=100), up from 105.1 in August. The Index rose 1.7 percent from July to August and is up 2.6 percent from a year ago.

Job Growth to Continue, But at a Slower Pace

Commentary on Today’s U.S. Bureau of Labor Statistics Employment Situation Report By Gad Levanon, VP of The Conference Board Labor Markets Institute

Slowing pace of improvement points to weakening growth in final months of 2020

The Conference Board®-Burning Glass® Help Wanted OnLine™ (HWOL) Index rose in August and now stands at 105.1 (July 2018=100), up from 103.4 in July. The Index rose 10.3 percent from June to July and is up 0.8 percent from a year ago.

Job growth retains upward momentum

Commentary on Today’s U.S. Bureau of Labor Statistics Employment Situation Report By Gad Levanon, VP of The Conference Board Labor Markets Institute

Many businesses hoped to reopen their workplaces after Labor Day, but a new survey of managers and executives suggests a long, uncertain road ahead. 35 percent say the timing of when their companies will reopen the workplace is unknown.

Despite improvement, pace of economic growth will likely weaken in final months of 2020