FX.co ★ U.S. CB Employment Trends Index Edges Higher in July, Signaling Gradual Labor Market Momentum

The U.S. Conference Board Employment Trends Index (ETI) inched up in July 2026, suggesting a modest strengthening in labor market conditions. The index rose to 107.71 in July from 106.74 in June 2026.

The latest reading, updated on 10 August 2026, points to a gradual upward trend in employment-related indicators. While the increase is not dramatic, the improvement in the ETI may indicate that underlying labor demand remains resilient, with employers continuing to add jobs at a steady, if measured, pace.

Market participants and policymakers often monitor shifts in the Employment Trends Index as an early signal of turning points in the job market. July’s gain adds to evidence that, at least for now, the U.S. employment backdrop is holding firm as the second half of 2026 gets underway.