Conference Board Jobs Index Slips 0.5% in September 2026
The Employment Trends Index fell to 107.56 in September, signaling potential softening in payroll employment ahead.
The Conference Board's Employment Trends Index dropped to 107.56 in September 2026, marking a 0.5% decline from August's downwardly revised reading of 108.08, according to data released Monday in New York.
The ETI is a leading composite indicator designed to forecast movements in payroll employment. A sustained decline in the index typically precedes broader weakness in hiring conditions across the economy.
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The revision to August's figure added additional context to the September drop, suggesting the softening trend may have begun earlier than initially reported. Downward revisions to prior months can amplify concern among analysts tracking labor market momentum.
Labor market conditions have remained a focal point for policymakers and investors navigating an uncertain economic environment. A consecutive or deepening decline in the ETI in coming months could reinforce expectations of slowing job growth, influencing decisions on monetary policy and business investment.
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