The Conference Board Employment Trends Index™ (ETI) Declined in November

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“The gloom and doom views infecting the financial markets are an exaggeration. However, slower economic activity, tighter labor markets, and higher labor costs are likely to lead to weaker job growth in 2019. Jobs should continue to grow, causing faster wage growth which may in turn increase inflation pressure, and ultimately result in a moderation in employment growth by the end of 2019.”