Tuesday, May 12, 2015

Employment Trends Index: Up, Up and Away

More evidence that the Fed manipulated boom is on.

The Conference Board released its monthly Employment Trends Index Monday for April, and it reached the highest level last month since March 2007, slightly more than 8 years ago. The ETI is an aggregated composite labor market index based on eight individual labor-market indicators, and April’s increase in the ETI was driven by positive contributions from seven of the eight components.

Fed manipulated booms never last, so enjoy it and your high Silicon Valley pay (if you have one) now.

(via Mark Perry)

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