CB Employment Trends Index is a cumulative value of eight labor market indicators, which reflect basic trends in employment conditions:
- The percentage of respondents who find "jobs hard to get"
- Initial claims for unemployment insurance
- Percentage of firms with positions not able to fill right now
- Number of employees hired by the temporary-help industry
- The share of employees working part time for economic reasons
- Number of job openings
- Industrial Production index
- Real manufacturing and trade sales
A higher than expected reading is seen as favorable for the US dollar, while lower readings are seen as negative.