U.S. Employment Trends Index Declines in May

The U.S. Conference Board announced that the Employment Trends Index (ETI) for May declined to 107.49, down from 108.00 the previous month. This trend marks a continued slowdown since the beginning of 2025, according to the latest report. While caution regarding tariffs remains present, the current ETI remains above average levels seen between 2017 and 2019, suggesting the labor market is stable overall. )