The Conference Board's Employment Trends Index (ETI) crept up 0.29% to 108.34 in June from a downwardly revised 108.23 in May, originally reported as 108.34, and is up 5.6% from a year ago, the group announced Monday.

"The Employment Trends Index has been flat since February, suggesting that slow employment growth is likely to continue through the summer," said Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board. "Since there is little hope of acceleration in the pace of economic activity any time soon, these weak labor market conditions are likely to persist for the coming months."

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