Job Market Gauge up for 6th Straight Month

[babylonsister]

http://abcnews.go.com/Business/wireStory?id=10041335

Job Market Gauge up for 6th Straight Month
March 8, 2010


NEW YORK (Reuters) - The U.S. job market continued to improve in February for the sixth consecutive month, largely due to a strong recovery in manufacturing production, a research group said on Monday.

The Conference Board, a private research group, said its Employment Trends Index rose to 93.5 in February from 93.2 in January.

Over the last six months the index has climbed 13.4 percent, marking its highest six-month growth rate since 1994. The group said expects this trend to hold steady.

"The past two jobless recoveries in 1991 and 2002 were a result of a continuous decline in manufacturing employment. This time, the strong recovery in manufacturing production has already led to two consecutive monthly increases in manufacturing employment," said Gad Levanon, senior economist at The Conference Board.

"We are likely to see this trend continue over the next several months, which will contribute to overall job growth."

[rufus dog]

1. good news

I know it still sucks for those unemployed but the trends are positive.

[leftstreet]

2. LOL 'The Conference Board' LOL

The Conference Board was established in 1916 amid events such as, the 1910 dynamite bombing of the Los Angeles Times plant, the Triangle Shirtwaist Factory fire and union versus management strife were all clear harbingers of labor unrest and shady management practices coming to a violent end. Caught in the middle, the public was losing confidence in the entire business community.

http://www.conference-board.org/aboutus/history.cfm

Still goin PR strong!

:rofl:

[babylonsister]

3. Yea, what a bunch of slackers...

:eyes:

http://en.wikipedia.org/wiki/The_Conference_Board

The Conference Board, Inc. is a non-profit global business organization supported by business executives that holds conferences, convenes executives and conducts business management research. It holds 501(c)(3) tax-exempt status in the United States. It connects more than 1600 corporations in nearly 60 nations, its worldwide conferences attracting more than 12,000 senior executives each year. These conferences bring together authorities on a wide variety of economic and management issues. More than 150 chief executive officers address Conference Board events each year. Conference Board meetings have been independently rated as one of America’s top speaking platforms. The Conference Board also sponsors and manages more than 100 worldwide management councils, attracting senior executives from virtually every business discipline.

snip//

The organization produces Leading Economic Indicators for the United States, the United Kingdom, France, Germany, Spain, Japan, Korea, Mexico and Australia. It also produces the Consumer Confidence Index, the Consumer Internet Barometer, the CEO Confidence index, the Help Wanted Advertising Index,, and other major indicators that have an impact on both business and the financial markets. It also produces a definitive source of information about worldwide institutional investment trends and is a leading source of knowledge about corporate governance, corporate performance, business ethics, corporate security, human resources management and global corporate citizenship. The Conference Board also publishes a magazine of ideas and opinion, which was called Across the Board from 1976 to 2006 and The Conference Board Review henceforth.

From the year 2002 to 2003<1>, The Conference Board's Commission on Public Trust and Private Enterprise—which included 12 prominent leaders from business and other sectors of society—issued a wide-ranging series of recommendations to help restore public trust in companies, their leaders and the capital markets. Many of these recommendations have been adopted.

[leftstreet]

4. Oh, I didn't say they were lazy

'restoring public trust' in corporations would be a demanding job!


Although, if Teh Capitlizm is so great, you'd think....

[ShortnFiery]

5. Oh yeah, you got that right!

[NJmaverick]

6. K and R for good news