---
title: "2024.5.8"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/20968516.md"
description: "After the unexpectedly "cold" April non-farm payroll report released by the U.S. Bureau of Labor Statistics earlier this month, data from the Conference Board showed the Employment Trends Index (ETI) fell from 112.16 in March to 111.25 in April. The Employment Trends Index is a leading composite employment index. When the index rises, it indicates that U.S. employment may also increase, and vice versa. Economists believe this suggests U.S. job growth may gradually stagnate in the coming months."
datetime: "2024-05-08T12:55:24.000Z"
locales:
  - [en](https://longbridge.com/en/topics/20968516.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/20968516.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/20968516.md)
author: "[cc007009](https://longbridge.com/en/profiles/7660486.md)"
---

# 2024.5.8

After the unexpectedly "cold" April non-farm payroll report released by the U.S. Bureau of Labor Statistics earlier this month, data from the Conference Board showed the Employment Trends Index (ETI) fell from 112.16 in March to 111.25 in April. The Employment Trends Index is a leading composite employment indicator; when the index rises, it suggests potential growth in U.S. employment, and vice versa. Economists believe this signals that U.S. job growth may gradually stagnate in the coming months.