The Conference Board’s employment trends index rose to 101.7 in February from a downwardly revised 100.1 in January, originally reported as 100.5, and is up 8% from a year ago, the group announced Monday.

“In the past half year, the economy has been adding, on average, about 110,000 jobs per month,” said Gad Levanon, associate director for macroeconomic research at the Conference Board. “The strong growth in the employment trends index suggests that the pickup in jobs may accelerate in the next couple of quarters.”

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